Community banks sue OCC over trust bank charters of crypto firms

Community banking group’s lawsuit claims OCC has overstepped its mandate from Congress. A community banks group sued a US bank regulator, claiming its decision to allow cryptocurrency companies to obtain limited national trust bank charters exceeds the authority Congress granted the agency. The Independent Community Bankers of America (ICBA) filed the suit Friday in the…

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Community banks sue OCC over trust bank charters of crypto firms

Community banking group’s lawsuit claims OCC has overstepped its mandate from Congress. A community banks group sued a US bank regulator, claiming its decision to allow cryptocurrency companies to obtain limited national trust bank charters exceeds the authority Congress granted the agency. The Independent Community Bankers of America (ICBA) filed the suit Friday in the…

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European crypto users have ‘more faith’ in regulated firms under MiCA: Bitpanda co-CEO

Speaking on Cointelegraph’s Chain Reaction, Christian Trummer said MiCA has increased trust in regulated platforms and called for stricter enforcement against noncompliant firms. European crypto users are placing more trust in regulated platforms following the implementation of the European Union’s Markets in Crypto-Assets framework (MiCA), according to Christian Trummer, co-CEO of Austria-based crypto exchange Bitpanda….

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European crypto users have ‘more faith’ in regulated firms under MiCA: Bitpanda co-CEO

Speaking on Cointelegraph’s Chain Reaction, Christian Trummer said MiCA has increased trust in regulated platforms and called for stricter enforcement against noncompliant firms. European crypto users are placing more trust in regulated platforms following the implementation of the European Union’s Markets in Crypto-Assets framework (MiCA), according to Christian Trummer, co-CEO of Austria-based crypto exchange Bitpanda….

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71% of UK finance leaders expect tokenization to reshape financial services: Lloyds

A Lloyds survey found that faster payments and settlement are the most significant perceived benefits of tokenization, as the UK builds infrastructure for tokenized finance. Nearly three-quarters of major UK financial institutions expect tokenization to reshape financial services, as banks and asset managers increasingly explore blockchain-based infrastructure for payments, settlement and liquidity management. The finding…

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