TBILL becomes the first tokenized Treasury fund run by an “A”-rated global custodian
Stated that the “novel activities” oversight program is not needed
Banks are required to apply a risk weight of 1,250% to Bitcoin and Ether
Ripple and Circle also applied for the same license in July
A snapshot revealing that 13 of the largest banks now offer crypto products signals growing adoption
The US’s top banking and credit lobbyists have called for a pause on handing out banking licenses to crypto firms
The UK central bank is reportedly rethinking its plans for a digital currency as it struggles to compete with the private sector
The US’s second-largest bank is developing a stablecoin, its CEO has announced
The bank claims it is the first global bank to offer spot trading of Bitcoin and Ether
The OCC, Fed and FDIC released a joint statement on crypto safekeeping services