US regulator wants to stop banks from blacklisting legal businesses, crypto included

Per an announcement on Friday, the Office of the Comptroller of the Currency, or OCC, is looking for public comments on rule-making that would stop banks from denying services to businesses based on sector.

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Global Index Fund Manager Vanguard Successfully Trials Blockchain Securities

The $5.7 trillion asset manager Vanguard has completed the first phase of its pilot testing of settlements for blockchain-based asset-backed securities. Vanguard, the world’s second-largest index fund manager, has announced…

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Congress Weighs Digital Dollars for Aid After Stalled COVID-19 Stimulus Payments

In the aftermath of disappointingly slow COVID-19 stimulus payments, Congress hears testimony on using digital dollars to upgrade the U.S.’s legacy financial infrastructure. On June 11, the Congressional Fintech Task…

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