The Federal Reserve continues its relaxation of crypto oversight by ending a program created in 2023 to scrutinize fintech and crypto activities by banks
this is a big positive (i.e., Congressional staffers had started disparagingly calling this the “novel activities squashing program.” … Dan McGonegle : The day was always coming when novel banking act...
In an interview at the Federal Reserve, Sam Altman warns of an impending “fraud crisis” because of how AI could enable bad actors to impersonate other people
New York CNN — — OpenAI CEO Sam Altman says the world may be on the precipice of a “fraud crisis” …
The US Federal Reserve withdraws guidance requiring banks to seek regulatory approval before engaging in crypto-related activities, joining the FDIC and OCC
Michael Saylor crypto.news : Federal Reserve withdraws restrictive crypto guidance for banks Troy Watson / ZyCrypto : Federal Reserve Reverses Debanking Policies, Banks May No Longer Need Approval to ...
President Trump names Bitcoin, Ethereum, XRP, Solana, and Cardano as assets to be included in a strategic US crypto reserve, causing significant price surges
Crypto Braced For Another Trump Shock After Bitcoin, XRP, Solana And Cardano Price Boom CoinDesk : Here Is What Crypto Leaders Are Saying About Trump's Crypto Reserve Plans Matthew Gault / Gizmodo : C...
Sources: Morgan Stanley's E-Trade explores adding crypto trading, if the Federal Reserve and others approve, anticipating more favorable regulation under Trump
Morgan Stanley's online stock-trading arm, E-Trade, is exploring adding crypto trading in anticipation of a more favorable crypto …
Regulators should crack down on crypto, after it gained an illusion of respectability through association with high-status institutions and individuals
When the Federal Reserve speaks, it speaks in Fedspeak. A pithy turn of phrase or a striking metaphor can all too easily turn into a headline … Tweets: @smdiehl , @antoniogm , @chris_maag , @seneca_l...
Sources: Apple is planning to expand its financial services by adding payment processing, lending risk assessment, credit checks, fraud analysis, and more
Good morning! Apple is reportedly building financial tools … Mahmoud Itani / XDA Developers : Apple is working on its own payment processing technology and a “Pay Later” feature Samuel Axon / Ars Tec...
Circle announces intention to become a bank, fully regulated by Federal Reserve, OCC, and FDIC, which could make USDC a de facto central bank digital currency
Crypto giant Circle has announced its intention to become a bank, fully regulated by the Federal Reserve, the Office of the Comptroller of the Currency, and the FDIC.
Three Democratic lawmakers introduce a bill that would require stablecoin issuers to obtain a banking charter, approval from the Federal Reserve and FDIC, more
Nikhilesh De / CoinDesk :
Three Democratic lawmakers introduce a bill that would require stablecoin issuers to obtain a banking charter, approval from the Federal Reserve and FDIC, more
A new U.S. Congressional bill would require stablecoin issuers to secure bank charters and secure regulatory approval prior to circulating any stablecoins.