US regulators are exploring policy for banks to handle crypto, says FDIC chair

Jelena McWilliams, the chairperson of the Federal Deposit Insurance Corporation, or FDIC, has said the agency is working with other regulators in the United States to explore “under what circumstances banks can engage in activities involving crypto assets.

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Mastercard plans to allow US partners to offer crypto loyalty rewards

Major credit card company Mastercard has announced it is preparing to integrate cryptocurrencies into its loyalty program offerings for U.S.-based banks, merchants, and fintech firms on its payment network.
In an Oct.

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Where Central Banks Fail, Crypto Prevails – BeInCrypto

As a growing number of countries around the world face economic hardships amidst political turmoil, central banks find themselves with little to no power or resources. With federal entities unreliable many turn to digital currencies.

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U.S. Bank Announces Bitcoin Custody Service

Key Takeaways

U.S. Bank will make cryptocurrency custodial services available to investment managers, according to CNBC.
U.S. Bank is not the first major player to make such a move.
The decision would suggest that institutional interest in cryptocurrency is continuing to grow.

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America’s fifth-largest bank launches crypto custody service — Report

U.S. Bank, the fifth-largest retail bank in the United States, announced Tuesday that it is launching a cryptocurrency custody service for institutional investors, potentially setting the stage for wider mainstream acceptance of digital assets.
As CNBC reported, U.S.

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