The cease and desist order was likely issued due to concerns about regulatory compliance, risk management, or the bank’s involvement with cryptocurrency-related activities. The...
A group of America’s most powerful bankers is debating whether to sue the US Federal Reserve. According to Semafor, JPMorgan Chase, Citibank, and Goldman...
“Money should not be programmable by a central authority,” argues Republican Representative Warren Davidson. United States Republican Representative Warren Davidson has spoken out against...
Banking giant JPMorgan Chase and 40 other US banks are testing the Federal Reserve’s new instant payment infrastructure called FedNow. According to a new...
In a recent Federal Reserve Bank Atlanta Policy Hub captioned “An Introduction to Web3 with Implications for Financial Services,” XRP was mentioned as an “international payment...
The Federal Reserve and Kansas City Fed rejected Custodia’s applications for membership and a master account last month. Custodia Bank filed an amended complaint...
Leading global banks kicked off a 12-week pilot together with the New York Federal Reserve. The so-called regulated liability network will serve as a...