The move came 12 days after Canada's bank regulator said tokenized deposits are not legally distinct from ordinary deposits.

The federal banking regulator issued conditional approvals for national trust bank charters for Bastion Platforms, Agora and Catena Labs on the same day.

As AI agents become more collaborative, creative and fast, banks need to defend themselves.

Nine months before the outage, the NCUA told a federal council it may no longer need the authority to examine vendors like the one that failed.