bank
Citi sees no Fed rate cuts until June 2027, crypto in trouble?
Citigroup has pushed its forecast for the Federal Reserve’s next interest rate cut to June 2027 after stronger US jobs data reduced concerns over the labor…
bank
bank
LayerZero backs regulated stablecoins for bank adoption
LayerZero says regulated stablecoins are key to institutional adoption after Anchorage selected its OFT standard for cross-chain issuance.
bank
SoFi moves $25 billion card program to SoFiUSD settlement on Mastercard
SoFi Technologies has moved its entire $25 billion card program to blockchain based settlement using SoFiUSD as its bank issued stablecoin goes live across Mastercard’s global…
bank
Hana Bank issues $100M digital bond on Euroclear
Hana Bank issued a $100 million five-year digital bond on Euroclear’s D-FMI, cutting settlement from three-to-five business days to same day.
bank
Coinbase connects crypto services to 3,000+ U.S. banks
Coinbase and Stablecore are linking crypto trading, custody, staking and stablecoin payments to existing systems used by U.S. community banks.
bank
UK banks keep crypto limits as FCA regime nears
UK banks can retain crypto payment restrictions as the FCA opens authorization applications Sept. 30 ahead of its October 2027 regime.
bank
CLARITY Act gets Democratic counteroffer before vote
Senate Democrats sent Republicans a CLARITY Act counteroffer hours before a Sept. 15 cloture vote, keeping ethics and stablecoin disputes open.
bank
Banks and state attorneys general challenge CLARITY Act ahead of vote
Eight banking associations and 17 state attorneys general have challenged parts of the CLARITY Act before a Sep. 15 procedural vote that requires 60 Senate votes.…
AI
BIS warns AI could cut banks’ patching window to minutes
Advanced AI has cut the time banks may have to repair software flaws from weeks to minutes, according to a new Bank for International Settlements paper…
bank
US regulators propose bank third-party risk guidelines
Four U.S. financial regulators have proposed new third-party risk guidelines that would let banks and credit unions tailor oversight to each outside relationship while replacing existing…