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Fed Scraps 2023 Crypto Banking Ban That Blocked Crypto Bank Custodia
The Federal Reserve rescinded its 2023 guidance that blocked banks from crypto activities, coinciding with revelations that JPMorgan, Bank of America, and seven other major institutions maintained inappropriate restrictions on lawful digital asset businesses between 2020 and 2023...
Cryptonews·6d ago
Fed Withdraws 2023 Crypto Bank Guidance, Opens New Path
The Fed withdrew 2023 guidance that discouraged crypto custody, tokenization and stablecoin activity at state member banks. Uninsured state banks may now apply for approval of crypto activities, shifting oversight from bans to case-by-case reviews. The policy change could reopen ...
Crypto Front News·6d ago
Wyoming’s Crypto Bank Sparks Major Regulatory Debate
A Wyoming-based cryptocurrency bank has entered into a critical legal dispute with the Federal Reserve, challenging a decision that the bank argues could undermine the authority of state banking entities. Amid growing conversations over digital currency regulation, this high-stak...
BH NEWS·8d ago
Wyoming Crypto Bank Files Petition Demanding Full Court Review of Fed Account Denial
Wyoming crypto bank Custodia escalated its five-year legal battle by filing for en banc review of the Federal Reserve's master account denial, arguing the decision undermines state banking authority and conflicts with the Monetary Control Act's payment service mandate.
Cryptonews·8d ago
Ripple, Circle, BitGo Receive U.S. Crypto Bank Approval
Ripple, Circle, and BitGo gain U.S. crypto bank status, enhancing regulatory oversight and custody capabilities. Read original article on kanalcoin.com
Kanal Coin·12d ago
Ripple Partners with Swiss Crypto Bank Amina: A Powerful Boost for Stablecoin Payments
BitcoinWorld Ripple Partners with Swiss Crypto Bank Amina: A Powerful Boost for Stablecoin Payments In a significant move for the digital asset space, Ripple Payments has announced a strategic partnership with Swiss-based crypto bank Amina. This collaboration aims to construct a ...
BitcoinWorld·12d ago
Former Signature Bank Executives Launch Blockchain Bank N3XT
N3XT, a blockchain-powered bank, is introduced by former Signature Bank executives, focusing on digital-asset firms. Read original article on kanalcoin.com
Kanal Coin·19d ago
French Crypto Bank Deblock Raises €30M for European Expansion
Deblock secured 30 million euros for European expansion efforts. The funding round was led by the firm Speedinvest. The company will focus its growth on the German market. French fintech firm Deblock obtained 30 million euros in a Series A investment round. The company announced ...
Crypto Economy·1mo ago
Swiss Crypto Bank AMINA Secures Austria’s First MiCA License for Institutional Services
Swiss-based crypto bank AMINA has officially expanded its footprint in the European Union, with its Austrian subsidiary, AMINA (Austria) AG, securing a Markets in Crypto-Assets Regulation (MiCA) license from the Austrian Financial Market Authority (FMA). The approval, granted on ...
ETHNews.com·2mo ago
Binance Founder CZ Denies Suggesting Kyrgyz Crypto Bank Plan
In recent developments within the crypto space, rumors claimed that Binance co-founder Changpeng “CZ” Zhao was orchestrating a proposal for a crypto-friendly private banking initiative in Kyrgyzstan. However, Zhao has now clarified that he is not behind any such plan, despite his...
CryptoBreaking·2mo ago
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