Kraken is signaling it wants to go public while widening its payments reach through MoneyGram, even as U.S. banks dig in against crypto-friendly legislation in the CLARITY Act fight. That’s not just corporate theater. It’s a clean snapshot of where the power struggle is heading: exchanges want legitimacy, banks want to protect their turf, and […]
Read Full Article
U.S. Banks’ Stablecoin Rewards Ban Could Boost China’s Digital Yuan, Crypto Leaders Warn A critical showdown is unfolding in the digital currency arena, and the U.S. might be playing a losing hand. As American banks lobby hard to ban interest payments on stablecoins, crypto industry heavyweights are raising red flags, cautioning that such a move […]
Read Full Article
Trump’s Deregulation Sparks $600 Billion Bank Rally: A Double-Edged Sword for Bitcoin and Crypto President Trump’s deregulation push has unleashed a staggering $600 billion surge in the market value of America’s top banks in 2025, setting off fireworks on Wall Street and raising critical questions for the Bitcoin and cryptocurrency ecosystem. As financial giants like […]
Read Full Article
OCC Slams Major U.S. Banks for Discriminatory ‘Debanking’ Practices Targeting Crypto and Beyond A scathing report from the Office of the Comptroller of the Currency (OCC) dropped on Wednesday, calling out nine of America’s biggest banks for discriminatory practices that shut out customers across multiple industries between 2020 and 2023. With digital asset firms among […]
Read Full Article
Why Big Banks Fear Yield-Bearing Stablecoins and Must Innovate or Get Left Behind U.S. banks are up in arms over yield-bearing stablecoins, sounding the alarm about financial stability while clutching their $200 billion annual revenue from swipe fees and low-yield deposits. But let’s call this what it is: a desperate attempt to protect their turf […]
Read Full Article
U.S. Banks Slash Credit Card Approvals by 5% in Q2 2025: A Push for DeFi? Major U.S. banks have pulled back sharply on new credit card approvals, posting a 5% decline in Q2 of 2025 during Donald Trump’s first full year back in power. Heavyweights like JPMorgan Chase, Citigroup, Capital One, and American Express are […]
Read Full Article
U.S. Banks Hit the Wall While Europe Cashes In: Could Bitcoin Be the Ultimate Escape? As U.S. banking giants like JPMorgan and Goldman Sachs brace for a brutal earnings season, battered by tariffs and economic uncertainty, European banks are riding a historic high with profits not seen in decades. Amid this financial tug-of-war, spiced with […]
Read Full Article
U.S. Banks Plan to Launch New Stablecoin to Compete with USDT and USDC Amid Regulatory Changes In a bold move that could disrupt the $245 billion stablecoin market, major U.S. banks are planning to launch their own digital currency. This initiative follows the Senate’s progress on the GENIUS Act, aimed at regulating stablecoins amidst growing […]
Read Full Article