The crypto world and traditional banks are at odds over stablecoin yields. But a White House adviser says this doesn't have to be a zero-sum game. Patrick Witt thinks both sides can find common ground. Stablecoins are digital currencies pegged to traditional assets like the US dollar. Crypto compan
The White House is planning a meeting with big names from the banking and crypto worlds. This is happening because these two groups can't agree on new rules for crypto. The talk is all about how crypto companies can offer rewards on stablecoins, which are like digital dollars. This meeting is a big
Big banks are finally waking up to crypto. They see it as a big deal, maybe even a threat to their business. This is what the head of Coinbase, Brian Armstrong, shared after a big meeting in Davos. He didn't name names, but he said a top boss from one of the world's biggest banks told him crypto is
Jamie Dimon, the CEO of JPMorgan Chase, recently shared his thoughts on President Trump's proposal to cap credit card interest rates at 10%. He suggested testing this idea in Vermont and Massachusetts. He brought this up at the World Economic Forum in Davos, Switzerland. Dimon believes that a natio
The crypto world was buzzing with anticipation. The Senate was all set to finalize the CLARITY Act, a big deal that would finally set clear rules for the crypto market in the U. S. Everyone seemed on board: Democrats, Republicans, even the White House. But then, just as the Senate Banking Committee
U. S. banks are in a tough spot. President Trump recently suggested capping credit card interest rates at 10% for a year. This idea has sparked confusion and concern across the finance industry. The announcement came with no clear plan on how to enforce it. Banks are left wondering what to do next.
US banks just got the green light to dive deeper into crypto. The Office of the Comptroller of the Currency (OCC) recently announced that national banks can now act as middlemen in crypto trades. This means banks can buy crypto from one customer and sell it to another, without actually holding onto
In a recent move, House Republicans have put together a detailed report. It talks about how banks are being pushed to cut ties with crypto companies. They call this "Operation Choke Point 2. 0. " The report is 50 pages long. It talks about how regulators are using pressure tactics. These tactics are
A heated debate is unfolding between banks and crypto advocates over the future of stablecoin regulations. The banking sector is pushing for changes, while crypto lobbyists are firmly opposed. Last week, a group of bankers made a strong case to senators. They want to modify or even remove parts of
The Trump family is making waves in the banking world. President Trump is working on big changes for Fannie Mae and Freddie Mac, aiming to take them out of government hands. Meanwhile, he's also been teasing Goldman Sachs CEO David Solomon about the bank's predictions on tariffs. But it's not just
