DOJ ends crypto enforcement team, shifts focus to terrorism and fraud
This is the latest in a sweeping set of pro-crypto moves under President Donald Trump aimed at rolling back what his administration views...
News by FinTech Collective
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Hackers spied on 100 US bank regulators’ emails for over a year
The attackers broke into an administrator's account at the Office of the Comptroller of the Currency, monitoring employee emails and...
Tether considers US-only stablecoin as Trump loosens crypto rules
Paolo Ardoino, the group’s chief executive, said it was involved in discussions about US rules on stablecoins and that the administration...
Stripe applies for US banking license to expand merchant acquiring capabilities
Stripe’s application for a Merchant Acquirer Limited Purpose Bank (MALPB) charter has been accepted by the state of Georgia’s Department...
Justice Department will not block Capital One acquisition of Discover
This decision would allow the two banking regulators that must approve the deal — the Federal Reserve and the Office of the...
Crypto executives push congress to allow stablecoin issuers to pay interest
Currently, stablecoin issuers earn interest on the U.S. Treasuries and other cash equivalents they hold to maintain a peg on the dollar,...
The day Trump’s tariffs shook Wall Street and corporate America
Trump unveiled 10% across-the-board tariffs, and even higher levies on a swath of countries including Japan, Europe, South Korea and...
SEC considers axing proposal for crypto custodial requirements
The agency is working with the White House’s crypto task force to consider alternatives to this proposal, including withdrawing it...
Congressional actions against CFPB overdraft, digital payments rules may spur financial services innovation
Nonbanks would move more fully to offer banking services; the banks would maintain at least some revenue streams that are used to fund...
Trump establishes ‘Strategic Bitcoin Reserve’ and ‘US Digital Asset Stockpile’
The Strategic Bitcoin Reserve will be capitalized with bitcoin seized in criminal or civil asset forfeiture proceedings and owned by the...
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