US consumer finance watchdog sued for treating digital wallets like banks
TechNet and NetChoice are challenging a move by the US Consumer Financial Protection Bureau to regulate payment apps and digital wallets such as Apple Pay, Google Wallet, PayPal, Venmo and Cash App.
TechNet and NetChoice are challenging a move by the US Consumer Financial Protection Bureau to regulate payment apps and digital wallets such as Apple Pay, Google Wallet, PayPal, Venmo and Cash App.
Original source
Read on CointelegraphRelated market context
The future of vaults: neobanks and invisible DeFi
The following is a guest post and opinion from Vincent Maliepaard, VP of Marketing at Sentora. On January 26, 2026, Kraken launche...
Banks are buying Bitcoin vaults, but a quantum problem may be waiting inside
The banks are finally buying the vaults. In May, BNY, the world's largest custodian with $59.4 trillion in assets under custody an...
Japan Three Biggest Banks Unite to Launch Yen Crypto Stablecoin by March 2027
MUFG Bank, Mizuho Bank, and Sumitomo Mitsui Banking Corporation have established a formal joint council to develop and co-issue a...
CFTC Staff Give DCMs a Path to Convert Perpetual-Style Digital Commodity Futures Into True Perpetuals
CFTC staff issued a no-action letter Friday enabling designated contract markets to convert existing perpetual-style digital commo...
Kraken Adds USDCx Support On Canton As Institutional Stablecoin Rails Expand
TL;DR Kraken says it now supports USDCx deposits and withdrawals on the Canton Network. USDCx is described as a Canton-native stab...
Coinbase report flags Bitcoin cold wallets exposed to quantum risks
The potential quantum threat to Bitcoin highlights the urgent need for governance solutions to protect vulnerable assets and ensur...