Banks News
Stripe-Owned Bridge Wins Conditional OCC Approval to Become National Crypto Bank
Bridge advances toward federal banking status as regulators implement new US stablecoin rules under the GENIUS Act. ...
Bundesbank Chief Backs Digital Euro and Stablecoins to Boost Payment Independence
As US stablecoin rules advance, Germany’s central bank head backs euro-based digital alternatives to protect monetary sovereignty. ...
White House Pushes Crypto and Banks Toward Stablecoin Compromise
At a White House meeting aimed at easing tensions between crypto firms and Wall Street, industry leaders were left frustrated by banks’ sl...
Stablecoins Could Drain $500B From U.S. Banks, Standard Chartered Warns
Standard Chartered Bank estimates that rising stablecoin adoption could pull as much as $500 billion in deposits out of banks in developed m...
Coinbase CEO Says Big Banks Now See Crypto as “Existential” Priority at Davos
Coinbase CEO Brian Armstrong said banks now see crypto as an existential priority, reflecting a sharp shift in legacy finance’s stance tow...
Circle CEO Dismisses Stablecoin Yield Fears as “Totally Absurd”
Jeremy Allaire said interest-bearing stablecoins do not threaten banks, calling concerns about bank runs “totally absurd” at the World E...
White House Crypto Czar: Banks and Crypto Will Merge Into One Industry
David Sacks says regulatory clarity could merge banks and crypto into a single digital asset industry, but stablecoin yield remains a major ...
AUD Deposits and Withdrawals Reinstated on Binance Australia
After months of phased testing, Binance Australia has reintroduced real-time PayID and bank transfer funding for local users. ...
Crypto’s “Shipping Container” Moment Is Near, Fidelity Says
Despite sideways price movement in 2025, digital assets underwent crucial institutional infrastructure development, positioning crypto to tr...
BofA’s Moynihan Warns Interest-Bearing Stablecoins Could Drain US$6T From Banks
Moynihan said yield-paying stablecoins would act like money market funds, pulling deposits off bank balance sheets and reducing credit avail...
Brazil’s Biggest Bank Goes Orange-Pill: Itaú Partner Urges Bitcoin Allocation
A senior partner at Itaú Asset Management is urging investors to allocate 1%–3% of their portfolios to Bitcoin as a tool for diversificat...
US Regulator Clears Path for Banks to Offer Riskless Crypto Trading
The US Office of the Comptroller of the Currency has released guidance permitting banks to facilitate riskless principal crypto transactions...