FDIC Moves GENIUS Act From Law to Practice With Stablecoin Rules

With lawmakers on the US Senate Banking Committee set to consider a markup on a cryptocurrency market structure bill this week, some Democrats are holding the line —...

Key TakeawaysThe OCC conditionally approved Augustus Bank N.A. this week, making it the first AI-native stablecoin clearing bank to reach this stage in the U.S.Ferdinand Dabitz, 25, a...

Ripple has closed a $200 million debt facility from Neuberger Specialty Finance, the asset-based lending arm of global investment manager Neuberger. The capital will expand the lending and...

Peter Thiel-backed payments startup Augustus received conditional approval from the US Office of the Comptroller of the Currency (OCC) to establish a US national bank built around artificial...

Investor and hedge fund manager Mark Yusko said that the proposed CLARITY Act could strengthen the position of large financial institutions in crypto markets rather than support decentralization,...