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Revolut has secured conditional OCC approval for a U.S. national bank charter, clearing a major regulatory hurdle in just six months. If final approvals arrive, the fintech plans to launch…
On Thursday, SoFi Technologies, Inc. and Payward, the parent company of Kraken, announced a partnership aimed at enhancing digital asset payments, liquidity, and enhanced banking experiences. The new deal will…
Operation Economic Outcast is preparing to expand its banking offensive, with Treasury Secretary Scott Bessent saying the U.S. plans to sanction another bank. The planned action follows FinCEN’s proposal targeting…
Russia’s largest bank plans to expand crypto-backed lending by accepting bitcoin, ether, and tether as collateral after new regulations take full effect. Sberbank says the initiative will build on its…
Pakistan has officially thrown the switch on its virtual asset licensing regime, putting existing crypto businesses against a hard deadline to secure regulatory clearance or stop operating. The Pakistan Virtual…
The Bank Policy Institute, representing the massive U.S. banking lobby, filed a comment letter asking FinCEN to apply customer identification requirements to secondary stabilization markets, extending the provision applied to…
Bank Leumi is preparing to put bitcoin, ether and solana inside its banking platforms, an Israeli first if regulators finally sign off on the service. Israel’s largest and oldest commercial…
World Liberty Financial, the Trump family-linked decentralized finance (DeFi) firm, cleared its first major banking hurdle on Friday after the U.S. Office of the Comptroller of the Currency (OCC) granted…
Bank of Montreal’s $303.65 billion consolidated securities filing reports $2,970 of XRP fund shares, split between two exchange-traded products. The disclosure traces both positions to a controlled investment adviser without…
UBS Group AG increased its holdings in Blackrock’s Ishares Bitcoin Trust (IBIT) to about $90 million, a sharp rise that shows growing demand for regulated bitcoin exposure among wealthy and…