‘Privacy Is Not a Feature’: Buterin Reacts to Latest Bank Data Breach
TL;DR Buterin warned that a data breach affected clients of JPMorgan, Citi, and Morgan Stanley and argued that privacy must be treated as basic hygiene. The
banks (Latest Publications)
World App’s New Pilot Brings Real-Time Payroll Deposits in Stablecoins
World App has launched a pilot of virtual bank accounts in the U.S., allowing users to receive direct deposits, such as payroll, directly in USDC. This
U.S. Banks Cleared to Hold Digital Assets for Network Fees and Testing
TL;DR The OCC authorizes major banking institutions to custody cryptocurrencies on their balance sheets. Digital assets will be used to pay network fees on blockchains and
Swiss Banking Giant UBS Teams With Ant International on Blockchain-Based Deposits
TL;DR UBS and Ant International signed a strategic Memorandum of Understanding in Singapore. The alliance will integrate “UBS Digital Cash” with Ant’s “Whale” treasury platform. The
Coinbase Pushes Back Against Banks Over Stablecoin Rewards Ban
TL;DR Coinbase is defending stablecoin reward programs and pushing back against banking associations seeking to expand the GENIUS Act’s interest prohibition. Banks want to treat discounts
Czech National Bank Buys $1M in Bitcoin, Publicly Confirms First Crypto Portfolio
The first central bank to publicly acquire Bitcoin is the Czech National Bank, making history with this action. The entity announced its purchase on November 13,
BNY Mellon Launches Stablecoin Reserves Fund, Expanding Wall Street’s Digital Asset Play
TL;DR The Bank of New York Mellon launched the BNY Dreyfus Stablecoin Reserves Fund (BSRXX), a money market fund for stablecoin issuers seeking to comply with
Santander’s Openbank Launches Crypto Trading Service in Spain
TLDR Santander’s digital subsidiary allows trading and custody of Bitcoin and Ethereum as of this Tuesday. The service operates under strict European MiCA regulations, ensuring investor
Major Milestone: SoFi Introduces Crypto Trading, Setting Positive Precedent for U.S. Banks
TLDR SoFi is the first US bank with a national charter to offer direct crypto trading to retail customers. Users can buy, sell, and hold BTC,
Bank of England’s Stablecoin Consultation Sets Stage for Digital Payments by 2026
The Bank of England has released a draft regulatory framework that would limit individual stablecoin holdings and introduce new rules for backing and oversight.
Ads
Follow us on Social Networks
Crypto Tutorials
Crypto Reviews
