Major U.S. banks are weighing launching a joint stablecoin to fend off crypto competition. Financial …
Banks
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Adoption
JPMorgan and other Wall Street banks reportedly in joint challenge for Tether’s stablecoin dominance
by shayaanSome of the largest banks in the United States, including JPMorgan Chase, Bank of America, …
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“There’s a famous saying that sometimes the enemy of your enemy is actually your best …
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Markets
Banks Exploring Stablecoin Amid Fears of Losing Market Share, BitGo Executive Says
by shayaanAs the stablecoin competition is heating up with looming regulation in the U.S., traditional finance …
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The Office of the Comptroller of the Currency (OCC) confirmed on May 13 that national …
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The U.S. Office of the Comptroller of the Currency, which regulates national banks, has continued …
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Regulations
OCC reaffirms banks’ authority to offer crypto services without prior approval
by shayaanThe Office of the Comptroller of the Currency (OCC) clarified on May 7 that federally …
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In short Eric Trump criticized traditional banking as ‘broken, slow and expensive’, warning banks that …
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Regulations
Custodia CEO slams Fed policy for giving big banks preferential treatment in stablecoins
by shayaanCustodia Bank CEO Caitlin Long accused the US Federal Reserve of quietly maintaining anti-crypto policies …
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Regulations
US Federal Reserve Announces Withdrawal of Guidance for Banks Concerning Crypto Activities
by shayaanThe Federal Reserve is taking a major step back from monitoring banks’ crypto activities. In …