Goldman Sachs, BofA Lead 21-Bank Consortium in Joint Dollar Stablecoin Push
A consortium of 21 major banks including Goldman Sachs and Bank of America is targeting a U.S. dollar stablecoin launch by mid-2027, with a euro token to follow.…
Long-form coverage of cards, IBANs, payment rails, regulation and the technology that moves money — in seven languages, written by working operators.
A consortium of 21 major banks including Goldman Sachs and Bank of America is targeting a U.S. dollar stablecoin launch by mid-2027, with a euro token to follow.…
Wyoming integrates Chainlink's oracle network to deliver near-real-time reserve verification for FRNT, its state-issued stable token, marking a significant moment for public-sector digital assets.…
London-based OpenPayd secured 43 U.S. state money-transmitter licenses via MSB USA Inc., clearing the regulatory path for its anticipated Nasdaq listing.…
Wyoming's Stable Token Commission adopts Chainlink's Proof of Reserve, setting a new transparency benchmark as the state aligns its first-of-its-kind stablecoin with federal GENIUS Act standards.…
Nebraska's First National Bank of Omaha strikes a $204M deal to acquire $1.4B-asset InBank, targeting Denver and Colorado Springs growth.…
TabaPay raises $155M led by FTV Capital and announces plans to acquire Colorado's Transact Bank, targeting a full banking charter by Q4 2026.…
TabaPay has secured a $155M investment from FTV Capital to acquire Denver's Transact Bank and obtain a national bank charter from the OCC.…
The SEC has proposed its first meaningful transfer-agent rule update since the late 1970s, aiming to integrate tokenized assets and blockchain technology into regulated securities infrastructure.…
The CFTC's Division of Market Oversight has issued a no-action letter to Electron Exchange DCM LLC, a designated contract market, providing regulatory relief on large trader reporting obligations.…
Two Thai businessmen allege Tether froze 42.4 million USDT stablecoins months before U.S. authorities obtained a legal seizure warrant, raising due-process questions.…
A new Republican bill would shift CFPB funding from the Federal Reserve to congressional appropriations and restrict the agency's power to enforce consumer protection violations.…
Two Thai businessmen allege Tether froze $42.4M in USDT months before federal authorities obtained a seizure warrant, raising urgent questions about stablecoin governance.…