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Ripple CEO Brad Garlinghouse called banks “hypocritical” for demanding crypto firms strictly comply with anti-money laundering rules and other safeguards while also blocking them from banking system infrastructure. “You can’t say one and then combat the other,” he said, while speaking at DC Fintech Week. ”It’s hypocritical, and I think we all should call them out for being anti-competitive in that regard.” Ripple has applied for a national trust charter and a Federal Reserve master account, which, if approved, would give it greater access to US banking infrastructure. Ripple’s Brad Garlinghouse: Policy, Innovation, and the Future of Global Financ At DC Fintech 2025 pic.twitter.com/SQngi5pfmb — 𝗕𝗮𝗻𝗸XRP (@BankXRP) October 15, 2025 Garlinghouse’s remarks come after crypto-native companies including Ripple, Circle, Wise, and Erebor Bank filed for national bank or trust charters.  A...

A change that could have massive ramifications on the cryptocurrency market could be set to take place. Indeed, the US Federal Deposit Insurance Corporation (FDIC) is reportedly planning to revise its guidelines, allowing banks to engage in crypto activities. The development is a part of the ongoing shift taking place in the United States. With the arrival of the pro-crypto Trump administration, the government has sought to completely overhaul its policies toward the asset class. Now, the FDIC could be set to change how banks interact in the sector. JUST IN: FDIC plans to revise crypto guidelines and allow banks to engage in crypto activities. — Watcher.Guru (@WatcherGuru) February 5, 2025 Also Read: SEC Transfers Top Crypto Litigator to IT Department FDIC to Revise Its Crypto Guidelines for Banks in Massive Shift The last several months have been monumental for the cryptocurrency sector in the United States. With the return of Donald Trump to the Oval Office, the government has shifte...

With the fall of P2P exchanges like Paxful and LocalBitcoins, the question of how to buy or sell crypto without using CEXs is a pertinent one. The failure of FTX triggered a notable growth of self-custody in 2022, with numerous cryptocurrency investors transitioning from centralized exchanges (CEX) to hardware or software wallets. The rising popularity of self-custody could even potentially erase the need for centralized exchanges one day, according to Binance CEO Changpeng Zhao. But how would people buy or sell cryptocurrencies without centralized exchanges? The crypto industry already offers ways to exchange cryptocurrencies like Bitcoin (BTC) for fiat money without using a CEX like Binance. However, such a process is associated with certain pros and cons and may require additional research. This article will discuss the most straightforward exchange methods to shed some light on buying or selling crypto without using a centralized crypto trading platform. Bitcoin ATMs Bitcoin-e...

Despite global bank turmoil and regulatory crackdowns, traditional and decentralized finance (DeFi) are continuing to blend. Take, for example, the recent issues that Circle-issued USD Coin (USDC) faced when it depegged from the U.S. dollar following Silicon Valley Bank’s collapse. Two weeks later, Mastercard boldly integrated the stablecoin into its infrastructure in the Asia-Pacific region, allowing users to spend USDC through its network. It’s happening, folks! And let’s not forget about Bitcoin (BTC) — that digital gold is still on the rise and decoupling from Wall Street, once again proving its value proposition and prompting calls for a hedge against equity markets in the long run. This week’s Crypto Biz documents the latest developments on worldwide crypto adoption, and how banking system fears impact the crypto space. Banks turmoil and regulatory crackdowns happening worldwide have not slowed down the ongoing blending of traditional and decentralized finance (DeFi). The on-ram...

Bitcoin continues to trade near $28,000, signaling a strong demand from investors even as the legacy banking system struggles with unprecedented volatility. The takeover of the ailing Credit Suisse bank by UBS boosted European equity markets on March 20 but not everyone is happy with the deal. According to Swiss regulator FINMA, the value of additional tier one (AT1) bonds will be written to zero. This move will wipe out $17 billion worth of investments for AT1 bond investors. Among the turmoil in the global banking sector, Bitcoin (BTC) has shone brightly. That is because traders seem to have shifted their focus to the alternative available to the legacy banking system. Another thing working in favor of Bitcoin is that it has decoupled from the United States equities markets and is behaving as an uncorrelated asset class. Daily cryptocurrency market performance. Source: Coin360 Bitcoin’s solid rally in the past few days has boosted trader sentiment. The Crypto Fear and Greed Index h...