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Xapo Bank Reports Record Bitcoin Trading Volume in Q1 2025

[Apr 15 8:30 AM] Gibraltar-based Xapo Bank, a digital asset-friendly regulated bank, has announced that Bitcoin trading volume reached record highs in the first quarter of 2025, marking a 14.2% increase compared to the previous quarter. The surge in trading…

FDIC Clears Crypto Runway With New Blockchain Policy Shift

[Apr 11 4:30 AM] The FDIC has thrown open the gates to crypto innovation, scrapping key barriers and embracing blockchain with a push for regulatory clarity. FDIC Shifts Crypto Rules, Sets the Stage for Digital Asset Banking Boom Acting Chairman Travis Hill used…

FDIC Greenlights Bank Crypto Activities—No Approval Needed

[Mar 28 6:20 PM] The FDIC announced that banks can engage in legally permitted crypto activities without prior regulatory approval, reversing previous policy, Reuters reported on Friday. This move follows a similar decision by the Office of the Comptroller of the…

FBI Reclaims $8M Lost in Crypto Scam That Crushed Kansas Bank

[Mar 28 3:30 AM] Millions were recovered after a Kansas bank collapse tied to a crypto scam wiped out small-town investors’ savings, leading to the state’s longest white-collar sentence. FBI Seizes Millions in Crypto Fraud Recovery After Kansas Bank Collapse The…

Trump Orders Massive Digital Shift for America’s Bank Account

[Mar 27 3:30 AM] ​President Donald Trump has signed an executive order mandating a federal shift to digital payments by September, aiming to reduce $657 million in waste and minimize fraud risks. Trump Signs Sweeping Order to Digitize All Federal Payments by…

US Regulator Eases Crypto Rules—1,200 Banks Cleared to Engage

[Mar 8 11:35 PM] 1,200 U.S. banks can now embrace crypto, with new regulations allowing broader involvement in digital assets while lifting prior restrictions on the industry. Regulator Just Supercharged Crypto Banking—Banks Can Now Embrace Crypto Fully The Office…

US Banking Regulator Calls for Stronger Oversight of Crypto Risks

[Sep 5, 2024 5:30 AM] Acting Comptroller Michael Hsu has emphasized the importance of proactive oversight in managing crypto risks. He cited the 2022 crypto market collapse, with a $2 trillion loss, where effective supervision kept banks stable. Hsu emphasized the need…

Switzerland's Fourth Largest Bank ZKB Launches Bitcoin Trading

[Sep 4, 2024 1:02 PM] Zürcher Kantonalbank (ZKB), Switzerland's fourth-largest bank, has begun offering its clients Bitcoin and crypto trading and custody services. With over $290 billion in assets under management, ZKB provides services to retail, corporate, and…