The decision means the industry is a step closer to becoming integrated into the mainstream financial system.
The Bank of Japan is testing blockchain technology for settlements that use tokenized central bank reserves. The Bank of ...
Stablecoins that offer interest-bearing rewards may increasingly resemble bank deposits. But unlike traditional deposits, they lack the regulatory safeguards that undergird the banking system. That ...
Jeremy Barnum told JPMorgan shareholders that yield-bearing stablecoins risk creating a parallel banking system without the safeguards of traditional regulation. Stablecoins emerged as a topic during ...
Bank of America Chairman and CEO Brian Moynihan said last week that, as President Trump searches for a new chair of the Federal Reserve, maintaining the banking system's independence is paramount. The ...
MUMBAI, Dec 23 (Reuters) - The Reserve Bank of India will infuse about $32 billion worth of rupee liquidity into the banking system over the next month via open market bond purchases and a buy/sell ...
Crypto policy is shifting from talk to implementation as the OCC, FDIC and Federal Reserve begin to sketch a regulatory perimeter for stablecoins and tokenized deposits in the U.S., Bank of America ...
The Bank of England’s £431m project to replace its core IT system achieved value for money and demonstrated good digital transformation practice, the National Audit Office (NAO) has said. According to ...
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Nov 12 (Reuters) - Brazil's central bank is preparing to advance tighter regulation of the financial system to curb a rise in cyberattacks, the bank's supervision director, Ailton Aquino, said on ...
The Federal Reserve actually injected banks with more than $50 billion in repo agreements on Oct. 31, 2025, which social media users correctly identified as an anomaly compared with the last five ...
Treasury Secretary Scott Bessent and Sen. Bill Hagerty (R., Tenn.) write that raising the Federal Deposit Insurance Corp. limit to $10 million would put regional and community banks on an even playing ...