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fed bank

How Crypto Firms Are Pushing to Skip the Bank Middleman

May 26, 2026

Most people never think about what happens when they tap "send" on their phone. The money doesn't magically appear in the recipient's bank—it travels through a hidden maze of bank accounts, reserve systems, and Federal Reserve tools that decide when payments actually finish. For crypto companies, th

finance

A new kind of bank is coming to Dallas—one that runs on code instead of paper

May 14, 2026

A bank that exists mostly as computer software is getting ready to open in Dallas. This isn’t a regular bank with tellers and vaults. Instead, it plans to handle money transfers, hold digital coins, and process payments using blockchain technology. The bank got the green light from U. S. regulators

finance

When Crypto Meets Central Banking: What Kraken’s Fed Account Really Means

April 11, 2026

Back in 2011, a little-known crypto exchange called Kraken quietly started what would later become a major talking point in U. S. finance. Fast-forward 13 years, and the Wyoming-based platform just scored something rare: a direct line to the Federal Reserve’s payment network. Think of it like gettin

politics

Fed Rules Face New Pressure from Trump Administration

March 26, 2026

The United States is seeing a new push to change how banks are watched. After the 2008 crash, rules were made that many say slow growth. The Trump team wants those rules eased and is trying to get more control over the Federal Reserve’s work. Fed leaders have been told to send new rules to th

crypto

Custodia's Fight for Crypto Banking Rights

December 16, 2025

Custodia Bank, a financial institution specializing in crypto, is not giving up easily. They just took a big step by asking all the judges in the Tenth Circuit Court to take another look at their case. The case is about getting a master account with the Federal Reserve, which they were denied. This

politics

NYC Schools Investigation: Feds Dig Deeper

October 12, 2024

The New York City Department of Education has received a subpoena as part of an ongoing federal investigation. This legal request is focused on outgoing Schools Chancellor David Banks and his brother, Terence Banks, who worked as a consultant for companies with city contracts. The subpoena, issued r

finance

Banking on a Brighter Future: CFOs Expect Rate Cuts to Boost Economy

September 30, 2024

The recent Federal Reserve rate cut has sent shockwaves through the financial world. For the first time in four years, the Fed has reduced its benchmark interest rate by 50 basis points. This decision has left many wondering what it means for the economy. To get a better understanding of the situati

business

A Bitcoin Ripple Effect: Trump's Crypto Comments and Central Bank Meetings Spark Market Volatility

September 16, 2024

The final week of July begins with cryptocurrency investors bracing themselves for a potentially volatile ride. After a weekend of political developments and central bank meetings on the horizon, Bitcoin and Ether are experiencing a reversal in their gains. But what's driving this market movement, a

politics

Trump's Cryptocurrency Ambitions: A Recipe for Conflict of Interest?

September 13, 2024

In the final stretch of his 2024 presidential campaign, Donald Trump is set to launch his sons' cryptocurrency business, World Liberty Financial, on Monday. This speech comes just 50 days before Election Day, raising concerns about the former president's penchant for mixing his personal and politica

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