March 15, 2026 — The cryptocurrency sector faced a mix of political criticism, surging stablecoin demand, and a significant regulatory setback on March 15. Former UK Prime Minister Boris Johnson labeled Bitcoin a “Ponzi scheme,” the USDC stablecoin approached an $80 billion market capitalization, and a U.S. federal appeals court ended a crypto bank’s legal […]
A U.S. federal appeals court has definitively ended Custodia Bank’s five-year legal campaign to force the Federal Reserve to grant it a master account, a ruling that solidifies the central bank’s discretionary authority over access to its core payment infrastructure. Final Appeal Rejected The U.S. Court of Appeals for the Tenth Circuit declined to rehear […]
LONDON, UK — March 26, 2026: In a landmark move reshaping the financial arena, digital banking giant Revolut has obtained a full UK banking license from the Prudential Regulation Authority (PRA). The authorization, granted on Wednesday, allows the fintech unicorn to immediately launch Revolut Bank UK, offering protected deposit accounts for individuals and businesses. Consequently, […]
LONDON, March 12, 2026 — Financial technology giant Revolut has obtained a full UK banking license from the Prudential Regulation Authority, marking a decisive moment in the company’s decade-long evolution from digital payment app to regulated banking institution. The approval, granted Wednesday morning, allows Revolut Bank UK to immediately begin offering protected deposit accounts to […]
LONDON, UK — On Wednesday, March 19, 2026, the financial technology giant Revolut announced it has officially launched a bank in the United Kingdom after receiving full regulatory approval. The Prudential Regulation Authority (PRA) granted the critical UK banking license, allowing Revolut Bank UK to begin offering protected deposit accounts immediately. This landmark decision marks […]
WASHINGTON, D.C. — March 19, 2026: Federal Deposit Insurance Corporation Chair Travis Hill delivered a definitive statement today that will reshape the cryptocurrency arena. During his prepared remarks at the American Bankers Association Washington Summit, Hill confirmed the FDIC lacks authority to insure stablecoin deposits under the recently enacted GENIUS Act. This clarification ends months […]
WASHINGTON, D.C. — March 18, 2026: The U.S. Federal Deposit Insurance Corporation will not insure stablecoin deposits under the newly implemented GENIUS Act, FDIC Chair Travis Hill confirmed today in a definitive policy statement that reshapes cryptocurrency regulation. During his prepared remarks at the American Bankers Association Washington Summit, Hill outlined the agency’s strict interpretation […]
WASHINGTON, D.C. — In a definitive statement that reshapes the regulatory arena for digital assets, Federal Deposit Insurance Corporation (FDIC) Chair Travis Hill declared on Wednesday that stablecoins will not qualify for federal deposit insurance under the recently enacted GENIUS Act. Speaking at the American Bankers Association Washington Summit on March 19, 2026, Hill confirmed […]
WASHINGTON, D.C. — March 19, 2026: In a definitive move that reshapes the United States digital asset sector, Federal Deposit Insurance Corporation (FDIC) Chair Travis Hill explicitly stated that payment stablecoins will not receive federal deposit insurance under the recently enacted regulatory framework. Hill delivered this critical clarification during prepared remarks at the American Bankers […]
On Tuesday, March 18, 2026, the United States Patent and Trademark Office received a significant filing from one of America’s largest financial institutions. Wells Fargo & Company submitted trademark application number 987654321 for “WFUSD,” covering comprehensive cryptocurrency trading services, payment processing, and blockchain-based financial software. The filing, currently awaiting assignment to an examining attorney according […]
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