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Landmark launch in US national banking as digital assets move increasingly mainstream

Bank says growing institutional adoption and regulatory progress are accelerating the shift

In a joint letter, the ABA, the BPI, the CBA, and the ICBA outlined recommendations for federal regulators

The shift will see PPSIs brought under regulation focused on anti-money laundering and countering the financing of terrorism

New law allows regulated institutions to safeguard digital assets from August

Bitcoin miner turned AI cloud operator secures fresh capital in expansion move

Growth in usage signals rising consumer adoption of stablecoins

Crypto exchange expands into shareholder services in institutional tokenization drive

Firm warns that OCC rules could curb growth of blockchain-based Treasury products

Traditional financial institutions (FIs) remain singularly valuable to their customers through established consumer protections and identity

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