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ICBA Sues OCC to Stop Alleged Fast-Track of Crypto Bank Charters
Independent Community Bankers of America sued the Office of the Comptroller of the Currency, alleging that the regulator authorized cryptocurrency firms to enter the banking system without being subject to the same scrutiny as community banks, according to a Friday (Oct. 2) press release from the association. The lawsuit centers on the OCC’s March 2 final rule related to Interpretive…
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BNY and Kraken Parent Payward Eye Global Financial Infrastructure Partnership
BNY and Kraken parent company Payward are discussing a partnership that would span digital assets and financial market infrastructure, CoinDesk reported Friday (Oct. 2), citing unnamed sources. The agreement could include crypto products, custody, wealth management, trading, payments and infrastructure offerings that are provided by Payward’s B2B platform for banks, exchanges and asset managers, Payward Services, according to the report. The discussions remain underway,…
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Why Western Digital and Seagate are seeing big stock drops today
Investors are worried that Toshiba will boost its production of a key AI storage product, potentially hurting the strong pricing power that Western Digital and Seagate currently enjoy.
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Bank group sues U.S. regulator over granting crypto trust charters
The Independent Community Bankers of America sued the Office of the Comptroller of the Currency, accusing the regulator of overstepping its legal authority.
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Federal Reserve Board announces approval of application by Fleur Capital Corporation
Federal Reserve Board announces approval of application by Fleur Capital Corporation
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US backs down from fuel export ban threat as G7 agrees to release 100mn barrels
Donald Trump calls decision by European nations to release diesel from strategic reserves a ‘great thing’
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Federal Reserve Board announces it will extend, until November 4, the comment period on its proposal to modernize Regulation O
Federal Reserve Board announces it will extend, until November 4, the comment period on its proposal to modernize Regulation O
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FAA says Boeing 737 Max software glitch not a flight-safety issue
The FAA on Monday said it was reviewing the software glitch, which could affect procedures during certain landings.
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BNY in talks with Kraken parent Payward over infrastructure partnership
The potential agreement could span digital assets, custody, trading, payments and other financial-market infrastructure.
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