Latest updates, press releases, and insights from the volatile world of digital assets.
Eight major U.S. banking associations warn that current provisions in the revised CLARITY Act could allow interest-like payments on stablecoins, risking deposit outflows and reduced community lending
Latin America's largest digital bank starts U.S. operations via partner bank and introduces multi-currency account using USDC and EURC
Canada’s banking regulator clarified on September 10 that tokenized deposits carry the same legal standing as conventional deposits under a technology-neutral approach, while existing risk rules continue to apply
US federally chartered crypto bank enables clients to hold, mint, stake and redeem Frgmnt’s Base-based stablecoin products through existing custody infrastructure
Organized crime groups in Ireland are storing cryptocurrency seed phrases and private keys in rented safe deposit boxes alongside cash and valuables, according to the head of the Criminal Assets Bureau, as authorities prepare for stricter EU rules
Media personality claims governments could target crypto and other private holdings during systemic stress, while an XRPL validator calls the remarks overstated and notes existing legal limits
The fintech gains preliminary clearance to form Revolut Bank US, targeting a 2027 launch pending further federal approvals and planning deposits, credit, and stablecoin services
Paolo Ardoino challenges the Bank for International Settlements after its chief argued stablecoins lack credibility for large-scale payments and favored tokenized deposits instead
Cryptocurrency exchange MEXC has rolled out Earn Plus, a new flexible savings option for stablecoins, paired with a promotional event running through October 24 that provides eligible users additional APR boosters reaching as high as 800%
Japanese firm moves another large Bitcoin batch to institutional custodian days after similar transfer, raising questions over potential sales while total holdings stay unchanged
