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Major financial institutions including Bank of America and Fiserv are preparing to launch dollar-backed cryptocurrency tokens following President Donald Trump's signing of the GENIUS Act on July 18, which established the first federal regulatory framework for stablecoins. However, industry experts c

Paxos Trust Company, the cryptocurrency infrastructure firm that issues PayPal's PYUSD stablecoin, announced Monday it is applying for a national trust bank charter with federal regulators. The move positions the company alongside Circle and Ripple in a recent wave of digital asset firms seeking exp

The European Banking Authority released comprehensive guidelines Tuesday requiring banks across the European Union to implement stricter capital requirements and detailed risk management protocols for cryptocurrency holdings. The regulatory framework, published as final draft Regulatory Technical St

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

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