The Senate Banking Committee passed the GENIUS Act with bipartisan support on an 18-6 vote, …
Tag:
Banking
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Adoption
Texas Senate Banking Committee greenlights Bitcoin reserve bill for floor voting
by shayaanby shayaanThe Texas Senate Banking Committee unanimously approved a bill on Feb. 27 to create a …
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Regulations
TradFi Industry Asks David Sacks To Include Federal Banking Agencies in President’s Working Group on Crypto
by shayaanby shayaanA network of groups representing the American financial industry is calling on the White House’s …
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Regulations
Senate Banking Committee Schedules Crypto Hearing Next Week To Discuss ‘Bipartisan Legislative Frameworks’
by shayaanby shayaanThe Senate Committee on Banking, Housing and Urban Affairs has scheduled a crypto hearing next …
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Adoption
French banking giant SocGen’s unit to expand its euro-backed stablecoin to Stellar
by shayaanby shayaanFrench lender Societe Generale’s unit SG-FORGE launched its euro-backed stablecoin, EUR CoinVertible (EURCV), on the …
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Analysis
Banking Giant JPMorgan Chase Holds $1,016,728 in Bitcoin and Ethereum ETFs, According to New SEC Filing
by shayaanby shayaanFinancial Services titan JPMorgan Chase is holding over $1 million worth of shares in Bitcoin …
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Regulations
FDIC to update crypto banking guidelines, releases documents on pause letters
by shayaanby shayaanThe Federal Deposit Insurance Corporation (FDIC) is preparing to revise its guidelines for banks engaging …
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Regulations
Cynthia Lummis nominated to lead new Senate Banking Subcommittee on Digital Assets
by shayaanby shayaanSenator Cynthia Lummis (R-Wyo.) has been named the first chair of the newly established Senate …
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Regulations
US Banking Regulator FDIC Hits Bank With $20,448,000 Penalty – About a Quarter of the Lender’s Total Assets
by shayaanby shayaanThe Federal Deposit Insurance Corporation (FDIC) is penalizing a Weir, Kansas-based bank with a monetary …
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Regulations
Banking Giant Standard Chartered Secures Greenlight To Offer Crypto Custody Services in the European Union
by shayaanby shayaanStandard Chartered is opening a new entity in Luxembourg after obtaining approval to offer digital …
