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Banking Lobby Calls for Halting of Crypto Bank Licenses

Banking Lobby Calls for Halting of Crypto Bank Licenses

The US’s top banking and credit lobbyists have called for a pause on handing out banking licenses to crypto firms
Bank of England Scrapping Digital Pound Development

Bank of England Scrapping Digital Pound Development

The UK central bank is reportedly rethinking its plans for a digital currency as it struggles to compete with the private sector
The Path to GenAI Success for Banks

The Path to GenAI Success for Banks

Banks are increasingly turning to Generative AI (GenAI) with the goal of driving efficiency
Bank of America to Enter Stablecoin Market

Bank of America to Enter Stablecoin Market

The US’s second-largest bank is developing a stablecoin, its CEO has announced
Strong Numbers Across the Board for Banking Sector

Strong Numbers Across the Board for Banking Sector

Banks had one of the best second quarters in history
GENIUS Act Passes, Establishes Regulatory Framework For Stablecoins

GENIUS Act Passes, Establishes Regulatory Framework For Stablecoins

Trump has signed the long-awaited GENIUS Act into law, establishing a US regulatory framework for stablecoins
Standard Chartered Launches Digital Asset Trading for Institutional Clients

Standard Chartered Launches Digital Asset Trading for Institutional Clients

The bank claims it is the first global bank to offer spot trading of Bitcoin and Ether
US Regulators Issue Guidance for Banks Custodying Crypto Assets

US Regulators Issue Guidance for Banks Custodying Crypto Assets

The OCC, Fed and FDIC released a joint statement on crypto safekeeping services
Morgan Stanley Continues Trend of Big Banks Outperforming Earnings Estimates

Morgan Stanley Continues Trend of Big Banks Outperforming Earnings Estimates

“Six sequential quarters of consistent earnings... reflect higher levels of performance in different market environments.”
Government Unveils $90bn in AI and Energy Investments

Government Unveils $90bn in AI and Energy Investments

The package aims to establish Pennsylvania as a national hub for AI
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