The Independent Community Bankers of America (ICBA) has taken its long-running fight against special-purpose crypto banks to federal court. In a lawsuit filed Friday (Oct. 2) in federal district court in Washington, the ICBA argued that the Office of the Comptroller of the Currency (OCC)...
Rain is the latest digital asset company seeking to launch a national trust bank. The stablecoin payments infrastructure company announced Monday (Oct. 5) that it has applied to the Office of the Comptroller of the Currency (OCC) to establish Rain National Trust Bank (RNTB). If...
The crypto industry bet the farm on traditional finance ultimately migrating onto public blockchains rather than retreating behind permissioned networks. The cows are now coming home to roost for the sector, after its failure to get comprehensive crypto regulation passed in Washington. As the dust...
The Financial Crimes Enforcement Network (FinCEN) has withdrawn two rules proposed years ago that would have imposed certain regulatory requirements on financial institutions’ handling of convertible digital assets. FinCEN said in a Monday (Oct. 5) press release that it withdrew the proposals after considering public...
October 01, 2026
Wall Street’s embrace of digital assets has reached the point where saying a bank is “doing blockchain” reveals almost nothing about what it can actually do on-chain. One bank may be experimenting with tokenized securities inside an innovation lab. Another may let corporate customers move tokenized commercial-bank deposits around the clock, while a third may […]
September 14, 2026
The cryptocurrency sector has for years called for regulatory clarity around digital asset markets in the U.S. The resulting piece of legislation, the Clarity Act, however, has morphed into something...
September 14, 2026
Digital assets may reach the checkout faster by asking consumers to change less about how they pay. The July 2026 Payments Innovation Tracker, “From Asset to Everyday Money: Making Digital...
September 10, 2026
Stablecoins have gotten boring, fast. That’s good news for the industry, which is working to ensure end-users stop thinking of stablecoins as “stablecoins” and start treating them as an always-on layer...
October 08, 2026
Coinbase is reportedly expanding its services for traditional financial firms amid growing institutional cryptocurrency adoption. Banks are increasingly launching their own digital asset services, and Coinbase is serving as their infrastructure provider while also bolstering its prime offerings, Liz Martin, head of Coinbase Institutional, said in an interview with Bloomberg News Thursday (Oct. 8). “We’ve […]
October 06, 2026
Rain is the latest digital asset company seeking to launch a national trust bank. The stablecoin payments infrastructure company announced Monday (Oct. 5) that it has applied to the Office...
October 05, 2026
The Financial Crimes Enforcement Network (FinCEN) has withdrawn two rules proposed years ago that would have imposed certain regulatory requirements on financial institutions’ handling of convertible digital assets. FinCEN said...
October 02, 2026
BNY and Kraken parent company Payward are discussing a partnership that would span digital assets and financial market infrastructure, CoinDesk reported Friday (Oct. 2), citing unnamed sources. The agreement could include crypto products, custody, wealth management,...
