banking
Nomura's Laser Digital applies for U.S. national trust bank to offer crypto custody
The proposed bank would offer cryptocurrency custody, spot trading and staking services under direct federal regulatory supervision.
Bank lobby targets stablecoin yield and open banking in policy push
The American Bankers Association’s latest priorities aim to limit how digital dollars earn returns and how financial data is shared as lawmakers debate U.S. crypto market structure legislation.
Banks' Capital Rules When Holding Crypto Need to Be Reworked, Says Basel Chair: FT
Erik Thedéen said a different approach is needed as the U.S. and U.K. refused to implement the rules already set out.
U.S. Crypto Coalition Warns Bank Data Fees Could Cut Off Stablecoins and Wallets
Fintech and crypto groups are urging the Consumer Financial Protection Bureau to stop banks charging for consumer data access, saying the move would undermine open banking and disconnect crypto wallets and stablecoins from the U.S. financial system.
UBS, PostFinance and Sygnum Conduct Cross-Bank Payments on Ethereum
The proof of concept, run under the Swiss Bankers Association, saw UBS, PostFinance, and Sygnum Bank carry out transactions using deposit tokens.
Ether.fi Pivots to Become Neobank, Rolls Out Cash Cards in U.S.
The suite of apps will allow users to spend, save and earn crypto.
U.S. Senate's Banking Chair Pushes Debanking Bill After Crypto Uproar
Senator Tim Scott, the chief of the banking committee, is backing a bill to stop U.S. regulators from citing "reputational risk" as a reason to block clients.
Revolut to Strengthen Crypto Fraud Protections With Added Security, Risk Scores
The Revolut Pay enhanced due diligence API will be rolled out to crypto customers from start of 2025.
U.S. Regulator Told Banks to Avoid Crypto, Letters Obtained by Coinbase Reveal
Coinbase's Paul Grewal says this is hard evidence proving the industry hasn't been spouting conspiracy theories about being shoved out of U.S. banking.
Revolut Expands Crypto Exchange Across EU After Successful Launch in UK
Tens of thousands of traders have been using the bank’s crypto exchange in the UK, a spokesperson said.
