12 articles
US lawmakers are advancing a comprehensive crypto market structure bill, with revised stablecoin yield language now under review by banking and crypto industry representatives. This pivotal development signals a significant shift in digital asset regulation, poised to profoundly impact the market's future trajectory.
US banking regulators, including the Federal Reserve, have clarified that tokenized securities will be subject to the same capital requirements as their traditional counterparts. This stance reinforces the "same risk, same regulation" principle, urging financial institutions to focus on operational efficiencies rather than seeking capital arbitrage through distributed ledger technology (DLT).
The U.S. Office of the Comptroller of the Currency (OCC) has granted National Trust Bank charters to Circle, Ripple, BitGo, Fidelity Digital Assets, and Paxos. This pivotal move transitions crypto leaders into federal-level banking infrastructure, reshaping global financial settlement and custody.
Senator Cynthia Lummis is calling on U.S. banks to integrate stablecoins and digital assets as legislative progress on the crypto market structure bill remains stalled. The primary friction stems from disagreements over yield-sharing provisions, which banks fear could disrupt traditional deposit models. Lummis argues that failing to act could erode American financial dominance.
Mizuho Securities scales up AI engineering, while NYSE and LSE explore blockchain for 24/7 trading. Meanwhile, Taiwan and Singapore raise the bar for cybersecurity by banning ID numbers as passwords.
Nomura Holdings reported a lower-than-expected Q3 net profit following significant losses at its crypto subsidiary, Laser Digital. The Japanese financial giant plans to tighten position controls and reduce risk exposure in the digital asset space while maintaining its long-term commitment to Web3.
Bybit unveils its 2026 'New Finance Platform' vision, integrating crypto with TradFi via MyBank retail banking and ByCustody institutional services. Aiming to serve 1.4 billion unbanked people, Bybit leverages AI to boost engineering efficiency by 50% and redefine global financial accessibility.
Nomura Holdings Inc. shares took a significant hit following a quarterly report that revealed a profit drop far exceeding analyst estimates. The downturn was fueled by persistent losses in its European operations and one-time costs associated with a major strategic acquisition, raising concerns about the firm's global expansion costs.
SoFi Technologies reported a landmark Q4 2025, surpassing $1 billion in quarterly revenue for the first time. With a GAAP net income of $173.5 million, the digital financial services leader demonstrated the power of its diversified fintech platform and aggressive expansion into crypto markets.
Financial giant Fidelity Investments has launched its Fidelity Digital Dollar (FIDD) on the Ethereum mainnet. Issued by a National Trust Bank, FIDD integrates traditional banking compliance with blockchain technology. Analysts at Standard Chartered predict that stablecoins could siphon up to $500 billion from traditional bank deposits by 2028 as users shift to these programmable, instant-settlement assets.
Standard Chartered reveals its core strategy for operating AI across global jurisdictions. By treating privacy and data governance as the starting point rather than an afterthought, the bank navigates complex challenges including data sovereignty, quality issues in production, and human accountability.
Standard Chartered warns that stablecoins could drain $500 billion from the banking system by 2028. Driven by the upcoming Clarity Act and high yields like Coinbase's 3.5%, regional banks are the most vulnerable due to their heavy reliance on net interest margins.
