@Revolut, @Nubank, and @MercadoPago are pursuing banking licenses in Mexico, targeting middle-class customers amid rapid market growth. Regulatory hurdles persist for foreign entrants. #Update #Crypto $MATIC
@Crypto.com has applied for a banking license with the U.S. Office of the Comptroller of the Currency to enhance custody services for institutional clients, aiming for federal-level offerings across blockchain protocols. #Update #Crypto $CRO
A coalition of U.S. crypto and fintech groups warns that bank data access fees could hinder connections to digital wallets and stablecoins, urging the CFPB to maintain open banking protections in Rule 1033. #Update #Crypto
@SonyBank’s subsidiary Connectia Trust has applied for a National Trust Charter in the U.S. to issue a stablecoin pegged to the dollar, amid opposition from the American Bankers Association. #Update #Crypto $USDC
@MorganStanley plans to offer crypto trading on its E-Trade platform by 2026, influenced by President Donald Trump’s pro-crypto actions. #Update #Crypto (+7) ↗
@EOSNetwork rebrands to Vaulta, focusing on Web3 banking with a token swap planned for May 2025 and new partnerships with Ceffu and Spirit Blockchain. #Update #Crypto (+4) ↗
The House Oversight Committee investigates the FDIC’s crypto policies for potential political motives or regulatory overreach, impacting crypto banking. #Update #Legal (+3) →
Bitcoin.com: The Federal Deposit Insurance Corporation (FDIC) released 175 documents on Feb. 5, detailing its oversight of banks engaged in crypto, signaling a regulatory overhaul. #Update #Crypto (+3) →
The Swiss Federal Chancellery has registered the “Bitcoin Initiative,” aiming to integrate $BTC into the Swiss National Bank’s reserves through a constitutional amendment, requiring 100,000 signatures for progress. #Update #Crypto @SwissChancellery ↗ +4
