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.”
Banking News

Banking is any kind of business activity conducted by a bank, such as accepting deposits and creating credits, and other financial services. Banking is an old industry which has been around since ancient times. Banks in their current form (or at least similar to it) first appeared in Italy, during the period of Renaissance. Since then, banking has undergone many centuries of evolution, developing new kinds of services and financial techniques. Thanks to the advances in computer hardware and software over the past decades, a lot of banking is now done online.
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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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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.”
2908 - Explained
Germany’s top banks, including Deutsche Bank and Sparkassen, are entering crypto with regulated trading and custody services by 2026.
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Ripple has followed Circle in looking to be its own bank after Congress moved ahead with a bill to regulate stablecoin issuers under the national bank regulator.
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Only five US senators out of the 11 typically on the digital assets subcommittee were available to ask questions about a potential market structure bill.
6722 - News
Trump may issue an executive order to protect crypto firms from banking discrimination, ending what some call Operation Chokepoint 2.0, according to The Wall Street Journal.
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The GENIUS Act is one step closer to becoming law in a development that may make stablecoin issuers key players in the US economy.
7659 - News
Senators questioned Brian Quintenz on prediction markets, his experiences dealing with debanking, and how he would potentially handle an entirely Republican-staffed CFTC.
2048 - News
The Bank of Japan’s June meeting could trigger a Bitcoin rally if it restarts quantitative easing, as bond yield concerns push institutions toward BTC as a hedge.
10219 - News
Société Générale’s crypto arm launches its USDCV stablecoin on Ethereum and Solana, with BNY as custodian and a global rollout aimed at trading and settlement.
5431 - News
Amina Bank, the Swiss crypto bank formerly known as Seba, added $801 million in assets and saw a 40% surge in derivatives revenue amid its international push.
3861 - Explained
From the BIS's Project Pine to Japan’s retail pilot, central banks are exploring how blockchain and smart contracts could enhance monetary policy.
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Nicknamed “crypto dad,” Giancarlo headed the Commodity Futures Trading Commission between 2017 and 2019.
3403 - News
Initial testing of the payment and banking app will be limited because "extreme care" must be taken when people's savings are involved, Elon Musk wrote on X.
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