US Senators make ‘real progress’ on sweeping crypto market bill following talks with bank execs
U.S. Senators are making progress on cryptocurrency legislation, signaling a potential shift in regulatory clarity for the market.
Banking
Brazil regulators bar Nubank from bank-linked marketing without proper license
Nubank faces regulatory hurdles in Brazil as regulators bar it from using the “bank” label, impacting its branding strategy.
US Regulator Exposes 9 Major Banks That ‘Debanked’ Crypto With ‘Inappropriate’ Restrictions
OCC highlights nine banks restricting services to crypto firms, signaling critical implications for the sector’s future.
Crypto among sectors ‘debanked’ by 9 major banks: US regulator
OCC highlights banking restrictions on crypto; implications for innovation and regulation are significant for the industry.
OCC exposes banks ‘inappropriate’ customer distinctions across multiple sectors
OCC’s findings reveal discriminatory banking practices that may impact crypto relationships with traditional banks.
Crypto Debanking and Efforts to ‘Weaponize Finance’ Must End, Says Top US Banking Regulator
Major U.S. banks deny services to crypto businesses, impacting innovation and growth, according to OCC report.
Syz Bank Deepens Strategic Collaboration With Taurus to Expand Crypto Services
Syz Bank expands crypto services through collaboration with Taurus, enhancing custody, tokenization, and blockchain connectivity.
Strategy’s Saylor has a new Bitcoin-based banking idea – What are the details?
Saylor proposes a Bitcoin yield product aimed at attracting $50 trillion, potentially reshaping banking and investment strategies.
OCC Signals Major Shift With Crypto Charters Poised to Reshape Banking
OCC’s shift towards chartering digital-asset firms signals a new era in banking, enhancing competition and innovation.
US bank regulator clears national banks to facilitate crypto transactions
US bank regulators now allow national banks to facilitate crypto transactions, marking a pivotal shift in financial services.