The recently passed GENIUS Act of 2025 creates a new legal framework for licensing and regulating payment stablecoin issuers. The Act is explicit in stating that an insolvent payment stablecoin issuer ...

The House Financial Services Committee passed a number of bipartisan banking bills with wide margins, suggesting a growing ...

THE increase in the maximum deposit insurance coverage (MDIC) to P1 million now covers 147 million accounts as of December ...

In a written reply in the Rajya Sabha, Minister of State for Finance Pankaj Chaudhary said the present limit aligns with ...

On July 18, 2025, President Trump signed into law the Guiding and Establishing National Innovation for US Stablecoins Act (the GENIUS ...

Bankers are concerned about stablecoins gaining traction due to the passage of the GENIUS Act, and also continue to sound the ...

On July 18, 2025, President Trump signed the Guaranteed Essential National Infrastructure for U.S. Act (the “GENIUS Act”) into law, marking the ...

The average balance held in a deposit account in one of Jamaica’s 11 Deposit-Taking Institutions (DTIs) at December 31, 2024, ...

"We can't and won't stand for it," said Coinbase Chief Legal Officer Paul Grewal as the crypto exchange filed an opposition ...

More depositors in the Philippines are now benefiting from enhanced protection through the Philippine Deposit Insurance Corp.

Key Points: Jamaica’s Deposit Insurance Fund (DIF) reached $47.5 billion at the end of 2024, up 15.2% from the previous year. The DIF now covers over 96% of all deposit accounts in the banking ...

Big banks like Chase and Bank of America are giant, global institutions that have integrated their services into every aspect ...