U.S. banks News

The New York Federal Reserve and several large U.S. banks have successfully conducted an experiment using distributed ledger technology (DLT)

Macro Guru Hugh Hendry thinks US banks could limit customers to withdraw funds, urges investment in bitcoin and treasuries

The US House Financial Services Committee's Republican members are seeking transparency concerning the debanking of various cryptocurrency businesses.

The U.S. Securities and Exchange Commission (SEC) has urged financial professionals to exercise enhanced scrutiny when recommending high-risk or complex products, including cryptocurrencies.

In a recent interview with CNBC, Warren Buffett stated that he dumped his shares in many banks because their management was taking "dumb" risks and employing fraudulent accounting.

The US prosecutors were looking into Signature Bank’s dealings with crypto clients when regulators abruptly shut down the institution on March 12. The regulators said that keeping the bank open would pose a threat to the stability of the entire…

Michael Barr, a top US Federal Reserve executive, has revealed efforts to implement new regulations for banks supporting crypto.

The second-oldest bank in the U.S. State Street Bank, with close to $4 trillion in assets under management (AUM) and over $40 trillion in assets under custody and administration, is planning to offer cryptocurrency services to its private fund clients.…

New York Digital Investment Group (NYDIG) partnered with a fifth firm to make it easier for banks in America to offer Bitcoin trading services. Despite longstanding anti-crypto sentiments, financial institutions in the United States and across the globe are beginning…

New York Digital Investment Group (NYDIG) has inked partnerships with three internet banking and financial services outfits to provide access to Bitcoin for bank account holders in the United States. Commercial banks in the country continue to embrace crypto despite…

Banking giant Wells Fargo, has become the latest financial institution in the U.S. to delve into crypto, as the bank is close to onboarding an actively managed crypto strategy for its rich clients.  Wells Fargo’s Wealthy Clients to Gain Crypto…

The Office of the Comptroller of the Currency (OCC) recently approved the use of stablecoins for banks to process financial transactions. However, issues arose from the new OCC guidelines on what this could mean for the entire crypto community and…