Browsing Tag
Banking
192 posts
Crypto wanted to replace Wall Street – Instead, Wall Street took over crypto
Crypto was founded on a simple premise: people should be able to send, hold, and manage money without…
The fight over the UK’s digital pound has become a battle over crypto’s political influence
A request for the UK standards watchdog to examine Nigel Farage’s reported interactions with the Bank of England…
Is OpenUSD the answer to bank push back on CLARITY? Hints stablecoin yield concessions will fail
Open Standard’s Open USD is trying to make the stablecoin yield fight about distribution before the token is…
Outdated bank rules may keep crypto outside the banks now allowed to hold it
Banks across the US, the UK, and Europe finally have a legal path to issue stablecoins, custody Bitcoin, and settle…
Why the banking industry is fighting a crypto bill
The American Bankers Association sent 8,000 letters to fight one CLARITY Act provision. The reason: stablecoin yield threatens…
Japan’s SBI is using XRP to solve a banking problem
SBI Shinsei Bank is reportedly offering crypto deposit rewards to customers, with vouchers worth 20% of their interest…
Circle wants wrapped Bitcoin to look bank grade before institutions trust it as collateral
Circle has launched cirBTC on Ethereum, but the larger play is to make wrapped Bitcoin look like collateral…
A little-known 1,250% rule could lock US banks out of Bitcoin
A group of Republican senators is warning US bank regulators that a little-known capital rule could effectively keep…
Bank of England stablecoin caps may choke the UK’s pound-token market before launch
A House of Lords committee has told the Bank of England to rethink stablecoin caps before the UK’s…
Aave now has a regulated path from bank accounts to DeFi lending – The hard part is keeping users there
On May 28, Aave Labs announced that its UK subsidiaries Push Labs Ltd. and Push Virtual Assets Ltd.…
