Visa Inc. announced that its payment network will use a “stable coin” that will be backed by the United States dollar

Development comes amid controversy over new digital banking licenses

‘Knowledgeable and forward-thinking’ regulators praised for work on digital assets banking

OCC conditionally approves the conversion as Anchorage co-founders hail “major milestone” for crypto industry

The OCC says banks and savings associations can participate in crypto transactions and engage with blockchain networks

The digital currency rose to over $15,000 on Thursday marking its highest price since the beginning of 2018

The digital evolution of banking in a post-COVID environment

National banks and federal savings associations can be crypto-custodians, says the OCC

Decentralized finance (“DeFi") has grown from a blockchain-based FinTech sandbox into a complex array of platforms through which borrowers, lenders and investors can undertake bank-like transactions without banks

More central bank action expected after Bank of England also cuts interest rate to offset COVID-19 effect on economy