A bank that exists mostly as computer software is getting ready to open in Dallas. This isn’t a regular bank with tellers and vaults. Instead, it plans to handle money transfers, hold digital coins, and process payments using blockchain technology. The bank got the green light from U. S. regulators
Lawmakers are moving closer to setting clear rules for crypto, but not everyone agrees on what those rules should be. A new proposal aims to settle a fight between banks and crypto companies over rewards tied to stablecoins—digital money designed to keep a steady value. Under the plan, crypto firms
A former JPMorgan employee named Chirayu Rana, 35, was seen walking the streets of Midtown Manhattan in May 2024. A TikTok creator filming a men’s fashion series captured him standing in a crosswalk, wearing a dark suit without a tie and black shoes. The clip later went viral after the creator poste
Government rules about paying interest on digital dollars—called stablecoins—just got a fresh rewrite that has crypto startups on edge. Two senators combined a push from banks with protection for real-world crypto use, but the new border between “useful rewards” and “bank-style deposits” is fuzzy. A
Israel has just green‑lit a new shekel‑based stablecoin called BILS, which is built on the Solana network and backed by a mix of tech partners. The move shows the country is trying to keep its currency inside digital chains instead of relying on US dollars, which dominate most crypto transactions to
Many people now see banks as places where money just sits uselessly, earning almost nothing. At the same time, apps that look like they’re helping with investing often feel more like casinos, pushing users to make risky bets just to keep up. This shift didn’t happen overnight—it’s the result of bank
Customers Bank is testing new ways to use artificial intelligence in its daily work. During a quarterly earnings call, the CEO did not speak himself. Instead, an AI version of his voice delivered the prepared remarks. This move was meant to show how the bank is changing its business with AI. The ba
Wall Street banks are testing quantum computing in two very different ways. Some, like JPMorgan Chase, are diving in headfirst, running small tests and investing heavily. Others, like Goldman Sachs, are taking a more cautious approach, waiting to see if the technology actually delivers before commit
European banks are stepping into the crypto world, but they’re doing it in a way that keeps customers inside familiar systems. The first big move happened in Belgium when KBC, the country’s largest bank‑insurance group, let people trade Bitcoin and Ether on its own platform, Bolero. The key is that
A private event at Trump’s Florida club over the weekend brought together crypto bigwigs and political figures, including the former president himself. The gathering wasn’t just about networking—it was a stage for Trump to defend his stance on crypto regulations. He made it clear that bank lobbyists
