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Cryptorank

Category banking

BofA CEO confirms bank is exploring stablecoins for potential payment revolution

BofA CEO confirms bank is exploring stablecoins for potential payment revolution

Bank of America is taking early steps to explore stablecoins as a way to modernize its payment systems and handle trillions of dollars in client tr...
JPMorgan to test stablecoin services alongside proprietary deposit token in bid to speed settlements

JPMorgan to test stablecoin services alongside proprietary deposit token in bid to speed settlements

JPMorgan CEO Jamie Dimon said on a July 15 earnings call that the bank will launch products tied to stablecoins and its deposit coin as part of a b...
OCC, Fed, FDIC publish joint guidance for banks offering crypto custody

OCC, Fed, FDIC publish joint guidance for banks offering crypto custody

The Office of the Comptroller of the Currency (OCC), the Federal Reserve Board (Fed), and the Federal Deposit Insurance Corporation (FDIC) released...
Aave net deposits of $50 billion compares to ranking in top 50 of banks in US

Aave net deposits of $50 billion compares to ranking in top 50 of banks in US

Aave, the DeFi protocol known for its borrowing and lending services, has hit a key milestone, surpassing $50 billion in net deposits. This achieve...
US Banking Regulator OCC Gets New Chief with Crypto Industry Roots

US Banking Regulator OCC Gets New Chief with Crypto Industry Roots

The US Senate confirmed ex-crypto exec Jonathan Gould as OCC chief in a 50–45 vote, making him the first permanent head since 2020. The post US Ban...