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
In the fast-paced world of banking, technology has become a double-edged sword. On one hand, it drives innovation and keeps customers happy. On the other, it's causing a lot of stress for employees. This is especially true in India, where banks have been quickly adopting new tech since the COVID-19
Big changes are coming to top positions here - A major switch in managing leadership has happened at City National Bank Two key people are stepping in to oversee entertainment banking and private wealth. Kelly did a great job leading that group. But she's stepping away for new challenges.
