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Trump Administration Prepares Executive Order to Fine Banks Over Crypto Account Closures
Aug 05, 2025
The White House is preparing an executive order that would impose monetary penalties on banks for dropping cryptocurrency customers or engaging in politically motivated account closures. The order directs federal banking regulators to investigate potential violations of the Equal Credit Opportunity
Ripple Report: Global Banks Invest in 345 Blockchain Projects as Digital Assets Go Mainstream
Aug 05, 2025
Global banks invested in 345 blockchain-related projects between 2020 and 2024, with major institutions like JP Morgan and Goldman Sachs leading aggressive early-stage funding rounds that signal blockchain's evolution from experimental technology to strategic financial infrastructure, according to a
JPMorgan Partners With Coinbase to Allow Crypto Purchases Through Chase Cards
Jul 31, 2025
JPMorgan, the largest U.S. bank by assets, announced Wednesday a partnership with cryptocurrency exchange Coinbase that will allow Chase credit card customers to fund digital wallet purchases and buy cryptocurrency beginning in fall 2025. The collaboration represents a significant shift for traditio
Dollar Stablecoins Pose Threat to European Monetary Independence, ECB Official Warns
Jul 29, 2025
The European Central Bank faces potential loss of monetary policy control as dollar-denominated stablecoins gain market dominance, threatening to increase Europe's borrowing costs while strengthening U.S. global financial influence, according to an ECB adviser's analysis published Monday. What to Kn
JPMorgan Says Fintech Middlemen 'Massively Taxing' Bank Systems
Jul 29, 2025
JPMorgan Chase will begin charging fintech intermediaries for data access as early as October, citing system strain from 1.89 billion monthly requests that predominantly serve non-customer purposes. The largest bank in the US disclosed that only 13 percent of data pulls from aggregators like Plaid a
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