The $22.7 billion yield-bearing stablecoin market, growing about 11% monthly, is outpacing regulation and creating accounting challenges, as platforms like Coinbase, Kraken, and Gemini offer yields vi…
The Office of the Comptroller of the Currency granted preliminary conditional approval on August 14 for a national trust bank charter to the Trump family's crypto venture, World Liberty Financial, mar…
Anchorage Digital CEO Nathan McCauley announced at the SALT Conference in Jackson Hole that the company's Agentic Banking platform has opened the first bank accounts for AI agents, featuring a Know Yo…
Anchorage Digital, the first federally chartered digital asset bank in the US, has launched 'Agentic Banking,' a platform that gives AI agents their own regulated bank accounts with compliance control…
The Office of the Comptroller of the Currency is targeting November for a final rule implementing the GENIUS Act, which established a federal framework for payment stablecoins, after missing the statu…
BitGo CEO Mike Belshe dismissed claims that Anthropic's Claude model breached NSA systems, calling them false and describing the event as a controlled government drill, but Anthropic confirmed that Cl…
Upstart Holdings received conditional approval from the Office of the Comptroller of the Currency on July 23 to launch Upstart Bank, N.A., a national digital bank built on AI-driven underwriting. The …
Augustus, an AI-native federally chartered clearing bank for stablecoin-era payments, raised $180 million at a $1 billion valuation led by Tiger Global. The startup aims to replace legacy corresponden…
Researchers used large language models to extract information on bank runs from millions of digitized historical newspaper pages, creating the most comprehensive database of U.S. bank runs. The datase…
Switzerland's FINMA, led by President Marlene Amstad, is spearheading a global regulatory push to deploy AI-powered supervisory tools across markets covering 95% of global finance, aiming to counter r…