JPMorgan, Citi, and Bank of America Just Built a Tokenized Payment Network to Kill Stablecoins
JPMorgan, Citi, Bank of America, and Wells Fargo are building a shared Tokenized Deposit Network to challenge stablecoins. It goes through The Clearing House, targeting a first-half 2027 launch, and the Federal Reserve is the audience that matters most.…
Senate Republicans urged financial regulators to rework bank capital rules for digital assets
A group of Senate Republicans is pressing key financial regulatory agencies to clarify capital standards for digital assets.
Revolut’s Planned U.S. Bank to Add Stablecoin Access Alongside FDIC-Insured Services
Revolut US CEO Cetin Duransoy told Reuters the company plans to offer access to stablecoins in the United States.
Coinbase Sues SEC and FDIC: Seeking Clarity Amidst Regulatory Challenges
Coinbase, the largest U.S. cryptocurrency exchange, has recently taken legal action against two key regulatory bodies: the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC). These lawsuits highlight…