U.S. banking regulators have made an important step toward incorporating blockchain technology into the traditional financial system by pointing out that tokenized securities need to be treated the same as traditional securities for capital regulatory purposes under current regulations. On March 5, the official U.S. Federal Reserve website released a
The American Bankers Association has filed a letter to the Office of the Comptroller of the Currency. The letter has requested a slowdown on the approval of cryptocurrency trust bank charters. According to the American Bankers Association, the regulators should wait for greater clarity to emerge on the procedures of
The American Bankers Association (ABA), a leading financial body in the United States, says that yield-paying stablecoins are a major concern in 2026. As the group says, stablecoins giving interest could take away funds from traditional banks and destabilize the financial system, prompting a debate between banks and the crypto
August 10, 2025. US banks continue to close accounts for crypto businesses, including despite Trump’s pro crypto stance. Ethereum’s Vitalik Buterin is once again an onchain billionaire as Ether’s price rockets. In addition, Bo Hines, the head of the White House Crypto Council, announced he is resigning. These stories show
Crypto companies are still getting kicked out by banks, even with President Trump’s pro crypto stance. Unicoin’s CEO, Alex Konanykhi said US banks keep shutting down accounts for crypto firms without explaining why, calling it part of “Operation Chokepoint.” This has been a problem for years, with many in the
