US OCC calls on community banks to become payment stablecoin issuers
The announcement followed the banking regulator finalizing its rules for the GENIUS Act, a stablecoin law to be implemented in January Source：Cointelegraph
OCC calls on community banks to enter the stablecoin payments market
The U.S. banking regulator is encouraging smaller lenders to develop stablecoin services as new federal licensing requirements approach. Source：CoinDesk
UK banks face 10,000 complaints in 3 months over crypto restrictions
The U.K. claims to aspire to become a global cryptocurrency hub, an ambition that would appear to be at odds with the attitude to crypto purchases of its major…
Stablecoin transfers quadruple to $891B as US banks expand adoption: Report
Coinbase reports growing adoption by banks and businesses, even as stablecoin market capitalization remains largely unchanged over the past year.…
Lloyds and Barclays among UK banks named in crypto transfer complaints, advocacy group says
UK banks are facing scrutiny over crypto transfer limits and bans as Stand With Crypto reports thousands of complaints ahead of the country’s 2027 regulatory…
What happens to Wall Street if CoreWeave defaults? JPMorgan checked the math.
Call it a sign of the times: A JPMorgan analyst is looking into the exposure banks will have if CoreWeave defaults on its debts. Source：MarketWatch
Mastercard launches stablecoin risk screening for banks and payment providers
The new service combines payment data and blockchain analytics to help banks detect suspicious stablecoin transactions before settlement. Source：Cointelegraph
Goldman, Wells Fargo, Morgan Stanley see tokenization as a growth play, not a threat
The largest banks in the world are eyeing new trading opportunities, speeding up payments and a role for advisers as tokenization takes root in Wall Street.…
Banks could slow stablecoin growth by paying savers more, BIS paper finds
A BIS working paper found a 1 basis point rise in U.S. bank deposit rates predicted slower stablecoin growth, cutting tenweek growth from 15% to 12%.…
Circle targets 40 new markets as stablecoin demand grows globally
The stablecoin issuer’s CEO Jerermy Allaire told Reuters demand for digital dollars is growing across Asia, Africa and Latin America as banks and payment…
South Korea plans cybersecurity overhaul after attacks hit banks, crypto firms
South Korea is proposing tougher cybersecurity assessments after a review identified security deficiencies at 130 financial firms. Source：Cointelegraph
Big banks see risks in financing the AI boom, but are happy to keep writing the checks
The CEO’s the U.S.’s biggest banks all chimed in on the risks of related to the massive AI buildout, but how there’s still no sign that investments need to…