Latest Banks News and Insights | Yellow.com

Kraken, the cryptocurrency exchange, has become the first digital asset firm to obtain a Federal Reserve master account through its Wyoming-chartered banking arm, Kraken Financial, gaining direct access to the same payment rails used by thousands of U.S. banks and credit unions — a development that

President Donald Trump publicly demanded that Congress pass the Clarity Act without delay on Tuesday, accusing major U.S. banks of attempting to undermine his administration's cryptocurrency legislation and warning them against holding the bill "hostage." What Happened: Trump Demands Crypto Legislat

Barclays is soliciting technology vendors to build a blockchain platform for payments, deposits, stablecoins, and tokenized deposits, according to a Bloomberg report published Friday. The bank has sent requests for information to several unnamed technology providers and could select a partner as ear

Citigroup announced it will launch a direct Bitcoin (BTC) custody service for institutional clients later in 2026, the bank's most concrete public commitment yet to holding native cryptocurrency on its own balance sheet. Unlike ETF-based models used by many financial institutions, Citi plans to cust

The U.S. Office of the Comptroller of the Currency has granted Crypto.com conditional approval to charter Foris Dax National Trust Bank, to operate as Crypto.com National Trust Bank, the company announced Monday. Theapproval, which is not yet final, would eventually allow Crypto.com to offer federal