Banking
Federal Reserve says FedNow will go live in July
The service has been said to address the same issues as a potential CBDC — set to launch the FedNow payment system in July.
Mike Dalton 2 min read Banking News
Follow crypto banking news, de-risking, stablecoin rails, fintech partnerships, and how traditional finance is adapting to digital assets.
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Mike Dalton 2 min read 
Regulation
Congressman Emmer attacks FDIC for ‘weaponizing’ bank closures to attack crypto
Rep. Tom Emmer questions FDIC's role in recent closures of crypto-focused banks, raising concerns over potential purging of legal crypto activity in the US.
Banking
Anchorage Digital lays off 20% of staff as other crypto-friendly banks shutdown
The federally charted bank is cutting staff due to regulatory uncertainties, according to a Bloomberg report.
More Banking News & Analysis
Regulation
SEC, DOJ investigating Silicon Valley Bank: WSJ
Two U.S. regulators have begun an early investigation into the failed Silicon Valley Bank, according to the WSJ.
Banking
NatWest introduces transaction limits to protect against crypto-criminals
The new rules will limit transfers to crypto exchanges to £5,000 per 30 days with no more than £1,000 per day.
Banking
Goldman Sachs has filed a patent focusing on blockchain technology
The document is a technical summary of a piece of blockchain technology that allows for joint claims on tokens.
CBDCs
Speculation mounts that U.S. banking crisis was a ploy to push CBDCs
Nic Carter said the U.S. banking crisis took us a step close to CBDC adoption — speculations continue to circulate.
Banking
ARK Invest’s Cathie Wood ‘not surprised’ at crypto market rebound
The CEO of ARK Invest said it was no surprise that decentralized, transparent, and auditable crypto market appreciated as U.S. regional bank stock imploded.
Regulation
Federal Reserve will re-examine its own oversight of Silicon Valley Bank
Chairman Jerome Powell was one leader who commented on the Fed's failures.
