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The CLARITY Act cleared the Senate Banking Committee 15-9 on May 14, 2026, but the biggest threat to its passage was never the crypto skeptics or the SEC holdouts. It was the American Bankers Association. The ABA spent April and…
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The U.S. Federal Reserve has proposed a new category of restricted payment accounts that could give eligible fintech and crypto-linked banks access to parts of the central bank’s payment infrastructure without granting the full privileges available to traditional banks. According…
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Minnesota crypto custody law lets banks and credit unions hold digital assets from Aug. 1, as the state crypto ATM ban also starts that day.
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Standard Chartered will absorb Zodia Custody’s regulated business and spin out Zodia Solutions as banks build crypto custody in-house.
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South Korea’s FSC is reviewing Hana Bank’s $668M Dunamu stake under bank-commerce rules as finance firms push deeper into crypto assets now.
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Revolut secured FCA approval on May 14 to offer private wealth services and leveraged products in the UK. Victoria Laffey, head of operations at Revolut Trading, said the new permissions are “the missing piece allowing us to unite investment, advisory…
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Augustus says old banks can’t rebuild for AI and stablecoins after OCC approval, as it prepares Dallas bank for programmable clearing soon.
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Hana Bank will buy a $670M Dunamu stake, becoming Upbit parent’s fourth-largest holder as Korea’s crypto rules and Naver deal shift in 2026.
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Vietnam eyes a Q3 launch for its regulated crypto market as officials move trading toward licensed domestic platforms and VND settlements.
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Wells Fargo raised Ether ETF holdings in Q1, adjusted Bitcoin ETF exposure and boosted its Strategy stake while cutting Galaxy Digital shares
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Singapore Gulf Bank has entered a strategic banking partnership with Standard Chartered to strengthen cross-border settlement and multi-currency payment services across emerging digital asset markets. According to a release shared with crypto.news on Tuesday, the agreement expands the bank’s correspondent…
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Augustus won conditional OCC approval for a US bank charter focused on AI payments, stablecoin settlement, and programmable clearing.
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Google and PayPal told Consensus Miami AI agents will run on crypto rails as bank accounts remain inaccessible. Senior figures from Google Cloud and PayPal told Consensus Miami on May 10 that the next wave of internet commerce will run…
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Tokenized gold volume hit $90.7B in Q1 2026, topping all of 2025 as PAXG and XAUT led demand for on-chain bullion trading across exchanges.
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The US banking lobby is mounting a last-minute push to stall the CLARITY Act just days before its scheduled Senate Banking Committee markup on May 14. The American Bankers Association, the Bank Policy Institute, the Consumer Bankers Association, the Financial…
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Morgan Stanley has launched E*Trade crypto trading at 0.5%, undercutting Coinbase, Schwab, and Robinhood in a pilot set to reach 8.6 million users. Morgan Stanley has launched ETrade crypto trading at a flat 0.5% fee, below Coinbase and Schwab. The…