Federal Reserve Releases New Guidelines for Crypto Banks
The announcement could make it possible for American crypto banks to perform both crypto and traditional banking functions.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Bitcoin Price Today: BTC Outperforms S&P 500 Above $80K as Fed Interest Rate Decision Looms
Bitcoin was hovering near $81,412 in the latest TradingView readings provided for October 28, keeping the $80,000 level in focus a...
BNY Adds XRP and RLUSD Custody Support as Ripple Partnership Expands
TL;DR: BNY and Ripple are extending an established reserve-custody relationship into wider digital-asset servicing and possible to...
CFTC Asks Federal Judge to Halt Utah’s Kalshi Gambling Case
The Commodity Futures Trading Commission wants a federal judge to bar Utah from treating CFTC-regulated prediction markets as ille...
OCC Finalizes US Stablecoin Rule With January 18 Effective Date
TL;DR: The Office of the Comptroller of the Currency has issued a final rule implementing key portions of the GENIUS Act for stabl...
Coinbase Sets October 30 Deadline for Restricted Stablecoins in EEA
TL;DR: Coinbase has warned retail users in the European Economic Area to withdraw affected non-MiCA-compliant stablecoins by Octob...
BNY Now Custodies XRP for Institutions, Plans Direct RLUSD Minting With Ripple
BNY, the custody bank that already safeguards the reserves behind Ripple’s stablecoin, now holds XRP and RLUSD for institutional c...