The Office of the Comptroller of the Currency (OCC) has just made a big move. They said that U. S. national banks can now hold cryptocurrency on their balance sheets. Why? To pay for blockchain network fees and to test crypto platforms. Think about it like this: blockchain networks need their own tokens to process transactions. These are called "gas fees. " They are...
Congress is working on new rules for digital money, like cryptocurrencies and blockchain tech. But they might forget about small banks that help people in rural and urban areas. These banks, called CDFIs and MDIs, are important for communities that big banks often ignore. If Congress doesn't include them in the new rules, these communities could miss out on the benef...
The financial world is changing. Banks and crypto are no longer separate. They are coming together. This is not just a trend. It is the future. Both banks and crypto users want the same things. They want trust. They want clarity. They want things to be easy to use. The companies that understand this will succeed. Many people think banks and crypto are different. Ban...
Four local photography studios are joining forces to make a difference. Jerome Pollos Photography, Franklin Photography, BC Photography, and Crystal Madsen Photography are hosting a special event. On November 18th, they will be offering headshot sessions. But there's a catch: instead of paying cash, participants are asked to bring 10 nonperishable food items. These i...
Dexter Lawrence, a key player for the Giants, is at the center of a heated debate. Carl Banks, a respected figure in Giants history, recently criticized Lawrence's performance. Banks claimed that Lawrence is not getting the respect he once had. This sparked a strong response from Lawrence, who called Banks' comments "delusional. " Andre Patterson, the Giants' defens...
Food banks across the country are preparing for a surge in demand as the Supplemental Nutrition Assistance Program (Snap) faces a potential cutoff. The federal government shutdown, now in its second month, has created a lot of uncertainty. The Trump administration announced that Snap, which helps around 42 million people afford food each month, will run out of fundin...
Food banks in the U. S. are already struggling to meet the needs of those facing hunger. Rising food costs have pushed more people to seek help. Now, with federal funding for the SNAP program set to run out, the situation is about to get worse. The SNAP program, which helps about 42 million Americans put food on the table, is at risk. The federal government shutdown...
Food banks across the country are preparing for a tough time ahead. The government shutdown has put nearly 300, 000 people in West Virginia at risk of missing their November SNAP benefits. This is a big deal because SNAP helps over 41 million Americans put food on the table. The shutdown is not the only problem. Food banks have been struggling for years. More people...
Kyrgyzstan is not happy with the EU's latest sanctions. The country feels targeted unfairly and wants to talk things out. The EU's new sanctions list includes some Kyrgyz banks and companies. Kyrgyzstan says it follows all international rules and wants an independent check to prove it. The EU's sanctions are part of their response to Russia's actions in Ukraine. Two...
Hong Kong is gearing up for its big finance event in November. Top bosses from major banks and investment firms are expected to attend. This includes the heads of Goldman Sachs, Morgan Stanley, Citadel, and JPMorgan Chase. The event is set for November 3 to 5, but the final schedule isn't ready yet. Why is this event important? Well, it's happening at a time when te...