Global #US banks

The potential repeal of SAB-121, a policy requiring banks to classify digital assets like Bitcoin as liabilities, is gaining traction in regulatory discussions.

In the wake of recent US bank failures, Switzerland's renowned banking institutions are making a bold move into the cryptocurrency space.

In the wake of the COVID-19 pandemic, major U.S. banks are facing a surge in credit card debt defaults, underscoring the lingering economic challenges faced by many borrowers.

Mastercard, alongside major US banks like Citigroup, Visa, and JPMorgan, has embarked on a collaboration to explore the potential of distributed ledger technology (DLT) for banking settlements through tokenization.