Powell reaffirms Fed has no issues with banks conducting crypto activities
Federal Reserve Chair Jerome Powell reaffirmed that the central bank does not object to U.S. banks providing services to cryptocurrency...
Banks
South Korean banks team up to issue Won-backed stablecoin – Details
Eight of South Korea’s leading banks are planning to issue a Won-backed stablecoin. The largest bank in the country has...
South Korean Banks Plan Won-Pegged Stablecoin by 2026
Eight major South Korean banks will team up to launch a stablecoin pegged to the country’s won currency, marking a...
Bank of Korea Wants Banks to Issue Stablecoins First
Bank of Korea deputy governor Ryoo Sangdai reportedly wants banks to be the primary issuers of stablecoins in the country...
Excellent Crypto News Coming from the US Federal Reserve
The US Federal Reserve Board stated on Monday that it is eliminating “reputational risk” as a supervisory tool for banks....
Blockchains may finally free banks from COBOL
This is a segment from The Breakdown newsletter. To read full editions, subscribe. “The global economy is going to work 100...
Fed joins regulators dropping reputational risk factor, clearing banks to serve crypto firms
The Federal Reserve Board on June 23 removed reputational risk from its bank supervision program, ordering staff to strike the...
How Stripe Quietly Became One Of Crypto’s Most Important Companies
(Original Caption) 12/12/1956- This miniature skyscraper is made of bundles of new United States ... More money. It is being...
Is the Genius Act a Fiat Slavery Tool for Banks?
Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day...
Cryptocurrency Live News & Updates : Thailand Greenlights Three Virtual Banks for Innovation
In a significant move to boost financial innovation, Thailand has granted approval to three consortia to establish virtual banks. This...