A UK parliamentary committee highlights gaps in AI oversight in the financial sector, urging regulators to develop clearer guidance to mitigate potential risks and ensure financial stability.
Two US banks issue urgent data breach alerts, warning 69,662 customers after a hacker hits third-party vendor Marquis Software Solutions.
Coinbase CEO Brian Armstrong predicts banks will issue tokenized dollars, embracing interest-paying stablecoins as near-zero deposit rates become unsustainable.
Discover why traditional banks are now embracing stablecoins, with key developments from JPMorgan, Société Générale, and a consortium of European banks. Explore the potential impact on the financial ecosystem.
Bipartisan crypto legislation faces a critical juncture due to competing pressures from the crypto industry and banks, with lawmakers warning that the window for action closes by March.
Analysis of the FDIC’s draft rules under the GENIUS Act, allowing U.S. banks to issue stablecoins and its potential impact on the crypto market.
Pierre Rochard believes banks will need to offer Bitcoin exposure to clients, driving a shift in the financial sector towards cryptocurrency adoption.
Analysis of Elliptic’s report on the global crypto pivot, highlighting the roles of banks, stablecoins, and APAC/Middle East regulatory momentum.
Analysis of Elliptic’s report on the global shift in crypto, focusing on stablecoins, APAC/Middle East regulatory leadership, and bank involvement.
OCC’s guidance empowers U.S. banks to engage in riskless principal crypto trades, enhancing compliance and market stability.