Banks | Crypto

South Korea has missed its self-imposed deadline to introduce stablecoin regulations, as disagreements between banks, financial regulators, and crypto firms slow progress and fuel debate over innovation. The post South Korea Misses Stablecoin Bill Deadline — Banks vs. Innovation Battle Heats Up appeared first on Cryptonews.

The OCC has issued new guidance confirming that U.S. national banks may hold crypto on their own balance sheets to pay network fees and run blockchain services, rolling back Biden-era limits and aligning supervision with a renewed push into digital asset banking. The post The OCC Clears U.S. Banks to Hold Crypto on Balance Sheets for On-chain Operations appeared first on Cryptonews.

Coinbase enters UK retail banking with a 3.75% savings account backed by FSCS protection, positioning itself against traditional banks while offering integrated access to crypto assets. The post Coinbase Launches Savings Account to Rival UK Banks, Offers 3.75% Interest appeared first on Cryptonews.

Fortune 500 fintech leader FIS has partnered with Circle to enable US financial institutions to offer USDC stablecoin payments through integrated infrastructure, combining Circle's USDC functionality with FIS's Money Movement Hub. The post Fortune 500 Fintech Giant FIS Partners with Circle to Bring USDC Payments to US Banks appeared first on Cryptonews.