Tag: 8903
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Federal Reserve ends crypto oversight program affecting JPMorgan and $2 trillion in assets
The Federal Reserve ended its oversight program for banks with crypto and fintech exposure, affecting institutions like JPMorgan and Silvergate, managing $2 trillion in assets.
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Crypto executives urge Trump to block bank fees for data access affecting 50M users
Crypto executives including Coinbase and Kraken CEOs urged Trump to prevent banks from charging fees for customer data access, impacting 50M users.
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US banks forecast $6.6 trillion stablecoin shift under GENIUS Act by 2030
US banks predict a $6.6 trillion shift to stablecoins due to the GENIUS Act, involving entities like JPMorgan and Tether, by 2030.
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US Senate urged to close gaps in stablecoin law by bank groups
Bank groups urge US Senate to address gaps in stablecoin law; FDIC and OCC highlight risks; $150B market requires clearer regulations.
