Follow crypto banking news, de-risking, stablecoin rails, fintech partnerships, and how traditional finance is adapting to digital assets.
On June, FHFA director Bill Pulte ordered Fannie and Freddie to treat crypto reserves as eligible assets in single‑family loan risk measurements.
Tyler Winklevoss claimed the bank told Gemini that his earlier tweet had prompted a pause in re‑onboarding.
A coalition of trade groups warns of legal threats to U.S. open banking, urging Trump to uphold consumer financial data rights.
The bank will allow wealth and asset management clients to trade crypto directly through their accounts, without using a third-party platform.
JPMorgan's crypto-backed loan initiative marks a significant turn from CEO Jamie Dimon's previous Bitcoin skepticism.
According to the lender, regulators see tokenized bank deposits as safer digital currency alternative to stablecoins amid crypto volatility concerns.
CEO Brian Moynihan sees stablecoins as a transformational tool for Bank of America's payment system evolution.
Jamie Dimon framed the decision as defensive, as fintech companies already design products that mimic checking accounts, payments networks, and loyalty platforms.
Regulators instructed boards and executives to view crypto custody as a service that relies on exclusive control of private keys and other sensitive data.
