US banking and credit union groups asked the OCC to delay deciding on bank license applications from crypto firms, arguing there are “significant policy and process concerns.”
Banks News

While one of the goals of cryptocurrencies is to render traditional banking obsolete, banks as a financial institution still play a critical role in the advent and adoption of the emerging crypto economy in two ways.
Firstly, outside of a physical cash exchange for cryptocurrency, banks provide the fiat bridges to cryptocurrency markets. Without them, the influx of capital and interest in the blockchain industry would be nowhere near the magnitude it is today.
Secondly, many of the world’s leading banks are researching and, in some cases, developing their own central bank digital currencies, or CBDCs, which aim to secure hegemony in the digital asset space largely in response to the growth of the crypto economy.
As digital finance evolves before our eyes, banks as a commonplace financial organization may change drastically in their role and purpose in society — even if it leads to obsolescence.
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The GENIUS Act marks a turning point for crypto regulation, but experts say true integration with finance and identity systems is only beginning.
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Circle’s Dante Disparte says the GENIUS Act ensures tech giants and banks can’t dominate the stablecoin market without facing strict structural and regulatory hurdles.
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Regulated companies are entering the crypto space more actively than ever.
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Fintech firms are poised to adopt DeFi lending due to its permissionless nature, according to the co-founder of Morpho.
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Big banks have been weighing an entry into the stablecoin market as the US Congress debates digital assets regulation.
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Spain’s BBVA opens retail access to Bitcoin and Ether through its mobile app, offering bank-grade custody and MiCA-backed compliance without the complexity of crypto exchanges.
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After rolling out Bitcoin and Ether spot trading, Standard Chartered plans to soon introduce crypto derivatives for institutional investors.
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One risk facing banks that custody crypto is the potential for liability if crypto assets are lost, according to three US financial agencies.
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By securing a national trust charter, USDC’s issuer, Circle, plans to directly manage its $62-bilion reserves.
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The Vatican Bank has denied any link to a suspicious crypto project offering fake memberships and token sales through a fraudulent “Vatican Chamber of Trade.”
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The trial is part of Project Acacia, an initiative from the RBA exploring how digital money and tokenization could support financial markets in Australia.
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Germany’s top banks, including Deutsche Bank and Sparkassen, are entering crypto with regulated trading and custody services by 2026.
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Shares of Kakao Bank, Kookmin Bank and the Industrial Bank of Korea rose by 10% to 19% following stablecoin trademark applications.
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Metaplanet aims to leverage its growing Bitcoin treasury to acquire cash-generating businesses, with a digital bank in Japan among its possible targets.
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