After years of intense scrutiny, the Federal Reserve and FDIC have finally given their blessing to the 'living wills' of the nation's largest banks. This marks a significant shift from previous rejections and a critical step in ensuring financial stability.
Regions Bank is coughing up $4.9 million to the DOJ over Paycheck Protection Program loan allegations. It's a tidy sum, even for a big bank, but what's really going on behind the corporate-speak?
The UK's top financial regulators are clearing the path for digital assets. A shared vision from the FCA and Bank of England signals a new era for tokenization in wholesale markets.
The shiny new Bitcoin ETFs are losing their luster, and the numbers are starting to tell a story of waning institutional interest. This isn't just about Wall Street's ledger; it's a potential bellwether for the broader crypto market.
State regulators are opening the floodgates for traditional banks to enter the crypto custody arena. Minnesota's new law lets local institutions offer regulated digital asset storage, a move that could reshape how everyday consumers interact with cryptocurrency.
A report alleges that CFTC officials who raised concerns about prediction markets faced disciplinary action, including suspensions. This internal friction highlights ongoing debates around the regulatory treatment of these novel financial instruments.
The SEC has given the nod for Nasdaq to list Bitcoin index options, a move that could redefine institutional access to the volatile digital asset. But the devil, as always, is in the regulatory details.
Local banks in Minnesota are getting a fighting chance. Starting in 2026, they can offer crypto custody, a move designed to keep dollars from fleeing to Wall Street's digital gold rush.
South Carolina is drawing a line in the sand. A new law officially bars state entities from touching central bank digital currencies while giving a thumbs-up to crypto mining operations.
Kalshi Inc. thought its prediction markets were financial instruments. Massachusetts' Supreme Court, however, saw a lot of gambling. The legal battle is far from over.
Did you know your crypto savings account might have been funded by microloans to gamers in China? New York's AG is making sure Uphold knows better. The $5 million fine speaks volumes.
Forget separate crypto silos. Europe's financial giants are now embedding Bitcoin and Ether trading directly into familiar brokerage platforms. This isn't just about offering more products; it's a fundamental shift in how digital assets integrate into the established financial order.