List of Flash News about crypto banking
Time | Details |
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2025-08-05 06:45 |
President Trump to Sign Executive Order Penalizing Banks Refusing Bitcoin (BTC) and Crypto Firms: Major Boost for Crypto Market Access
According to @rovercrc, President Trump is set to sign an executive order that will penalize banks in the United States that refuse to provide services to Bitcoin (BTC) and other cryptocurrency companies. This move could significantly improve access to banking for crypto businesses, potentially increasing liquidity and trading activity for BTC and the broader crypto sector. The order is expected to encourage more institutional participation and reduce operational risks for exchanges and blockchain startups, thereby impacting trading volumes and price stability across digital assets. Source: @rovercrc. |
2025-08-01 21:05 |
Senator Lummis Calls for Enhanced Fed Oversight After Signature and Silvergate Bank Failures Linked to Chokepoint 2.0
According to @nic__carter, Senator Cynthia Lummis has called for increased investigatory powers into the Federal Reserve, citing the recent failures of Signature and Silvergate banks as a result of regulatory actions termed 'Chokepoint 2.0.' These government-driven closures have raised concerns about banking access for crypto firms and could impact liquidity and institutional participation in the cryptocurrency market. Traders should monitor regulatory developments closely, as changes in bank supervision could directly affect crypto exchange operations and stablecoin on-ramps. Source: @nic__carter |
2025-07-07 08:58 |
European Banking Giants BBVA and Banca Sella Embrace Crypto: BBVA Advises Up to 7% BTC & ETH Portfolio Allocation
According to @rovercrc, major European banks are deepening their involvement in the cryptocurrency market, signaling strong institutional interest. Spanish banking giant BBVA is now actively advising its wealth clients to allocate between 3% and 7% of their portfolios to Bitcoin (BTC) and Ethereum (ETH), as stated by the bank's head of digital solutions, Philippe Meyer. BBVA plans to expand its crypto offerings later this year. Concurrently, Italian banking group Banca Sella is piloting stablecoin custody services with Fireblocks, potentially opening up digital asset services to its 1.4 million customers. These moves, spurred by clearer European regulations, represent significant validation for the crypto asset class and could drive increased liquidity and demand for BTC and ETH from traditional finance investors. |
2025-06-30 21:43 |
Circle (USDC) Files for National Trust Bank Charter with OCC in Major Regulatory Push
According to @StockMKTNewz, Circle, the issuer of the USDC stablecoin, has filed an application with the Office of the Comptroller of the Currency (OCC) to establish a national trust bank. This strategic move aims to bring Circle under direct federal oversight, similar to traditional financial institutions, and would allow it to operate across the U.S. without individual state licenses. If approved, the new entity, named First National Digital Currency Bank, N.A., would manage USDC reserves and offer regulated custody services to institutional clients. The application is seen as a proactive step to align with potential U.S. stablecoin legislation, such as the GENIUS Act. Circle CEO Jeremy Allaire stated the goal is to strengthen USDC's infrastructure and support the development of market-neutral financial infrastructure. This follows similar charters granted to other crypto firms like Paxos and Anchorage. From a trading perspective, the news underscores the increasing regulatory integration of major stablecoins; currently, USDC maintains its peg with USDC/USDT trading at $0.9988 and USDC/USD at $1.00, while facilitating significant volume in pairs like BTC/USDC and ETH/USDC. |
2025-06-13 14:56 |
Coinbase Business Launches Crypto Banking for Companies: Streamlined Payments and Treasury Solutions
According to Milk Road, Coinbase Business has introduced an online banking interface designed specifically for businesses, integrating cryptocurrency payments, accounting, and treasury management into daily operations (source: @MilkRoadDaily, June 13, 2025). This platform enables companies to handle crypto-based transactions such as BTC and ETH, potentially increasing mainstream adoption and liquidity in the crypto markets. Traders should monitor related tokens and payment networks for increased activity as business adoption expands. |
2025-02-28 03:12 |
Analysis of Crypto Banking Challenges Amid FDIC Controversies
According to @iampaulgrewal, the argument that if one crypto firm is banked, no other could be debanked is flawed. This statement comes amid claims that the FDIC has misled both the federal court and the public, raising concerns about regulatory transparency. These issues could impact crypto firms' banking relationships, affecting liquidity and market stability. |
2025-02-06 22:33 |
Federal Court Overrules FDIC's Redaction on Crypto Banking
According to paulgrewal.eth, banks have shown interest in cryptocurrencies, but the FDIC did not assess any associated risks. The FDIC's extensive redactions citing 'confidential supervisory information' were deemed an abuse of power by a federal court. This decision highlights the legal stance against unbanking lawful industries, potentially impacting crypto market accessibility for traders. |