

A surge in bank charter approvals for fintechs and crypto firms creates new risks for sponsor banks.
Draft cryptocurrency market structure legislation published Wednesday includes an ethics agreement that falls short of what Senate Democrats want and stablecoin yield language that banks have already disavowed.
A study of consumer-banking queries fielded by ChatGPT, Claude, Gemini, Perplexity and Google AI Overviews, found the nation's largest bank has nearly a third of the models' mindshare.
The package of banking measures will need 60 votes — including a number of Democrats — to pass the Senate on a tight timeframe ahead of November's elections. But the bipartisan House vote signals that future work on the issues is possible.
The DTCC piloted a tokenized version of its stock-settlement system. But the real future of trading has to involve currency, not just securities.
The Federal Reserve is rethinking the size and scope of its holdings. Academics and industry analysts alike say liquidity reforms will be key to the process.