OCC exposes banks ‘inappropriate’ customer distinctions across multiple sectors
OCC’s findings reveal discriminatory banking practices that may impact crypto relationships with traditional banks.
financial services
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.
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.
PNC Becomes First Major U.S. Bank to Offer Direct Bitcoin Trading to Clients via Coinbase
PNC Bank becomes the first major U.S. bank to offer direct Bitcoin trading, marking a significant shift in financial services.
Circle appoints new regional director in part of ADGM-approved expansion in UAE
Circle’s FSP license from ADGM enhances its presence in the UAE, signaling growth in the digital asset landscape.
Western Union eyes inflation-resistant ‘stable cards’ as part of its stablecoin strategy
Western Union’s stablecoin strategy includes a stable card for inflation-hit economies, positioning it as a leader in digital finance.
Stablecoin Adoption Could Stifle Central Bank Control, IMF Warns
IMF warns stablecoins may undermine central bank control while broadening financial access, indicating a need for regulatory adaptation.