The crypto world has gotten some early Christmas presents. The Securities and Exchange Commission has dismissed some ...
SoFi last month became the first nationally chartered U.S. bank to offer retail crypto trading, restarting a service it shut ...
In October, Fed Governor Christopher Waller floated the idea of a “skinny” master account tailored for innovation-focused banks. Known formally as master accounts, these accounts enable financial ...
Five digital asset firms have received conditional approvals Friday to become federally chartered trust banks by the Office of the Comptroller of Currency (OCC) in a major step to bring U.S. dollar ...
The Federal Reserve has asked for public input on which kinds of fintechs and crypto firms should be eligible for its ...
I’ve always thought of crypto as an unlikely addition to mainstream finance, like mustard on spaghetti. That’s because the financial world has been positively withering toward crypto. Jamie Dimon, CEO ...
SoFi is trying to transform its image by diving into digital assets, hoping to broaden its appeal beyond the student-loan refinancing market. The financial technology company is cleverly using its U.S ...
Imagine waking up to find your bank account closed, not because of fraud or missed payments, but because you used it to buy or sell cryptocurrency. This practice, known as “debanking,” happens when ...
The U.S. central bank has been mulling the idea of a "skinny" version of master accounts for firms that want payments access without the deeper Fed demands.
Forbes contributors publish independent expert analyses and insights. Pam Kaur covers fintech and bank tech innovation and regulation. UNITED STATES - Jonathan Gould, Comptroller Of The Currency (Bill ...
A US appellate court ruled against Custodia Bank, the crypto-friendly institution founded by Caitlin Long, siding with the Federal Reserve in a lower court decision. In a Friday judgment in the US ...