Key Highlights: Major cryptocurrency firms, including Coinbase, Ripple, and Circle Internet Group, are integrating into federal banking oversight through Office of the Comptroller of the Currency (OCC) national trust bank charters. A series of preliminary and final clearances under President Donald Trump’s administration and the GENIUS Act have extended federal trust status across stablecoin management, ...
Key Highlights: PNC is advancing its digital asset strategy following a foundational partnership formed with cryptocurrency exchange Coinbase in July 2025. The collaboration previously introduced Bitcoin trading for qualified PNC Private Bank clients and mirrors similar institutional stablecoin payment programs, such as Citi’s integration via Spring by Citi. Market metrics show USDC maintaining its role ...
Key Highlights: Payward, the parent company of cryptocurrency exchange Kraken, has agreed to acquire Lithuania-based Saldo Bank for an undisclosed sum. The landmark transaction positions Payward as the first crypto firm to purchase a bank in Europe, securing a coveted European Union banking license. Saldo Bank reported total assets of 163.9 million euros ($180 million) ...