Tim Scott Highlights ‘Real Progress’ On Crypto Bill After Democrats Question Stablecoin Yields, Elected Officials’ Digital Asset Activities

Senate Banking Committee Chair Sen. Tim Scott (R-S.C.) said that efforts to pass the cryptocurrency market structure legislation are making “real progress,” according to a report published Thursday. Scott Meets Top Banking Execs The senior lawmaker met with the CEOs of Bank of America, Citi, and Wells Fargo to discuss the...
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Ripple Secures Breakthrough Banking Adoption in Europe: Details

The blockchain-based financial tech company has notched a fresh partnership with AMINA Bank AG to support near real-time cross-border payments for the latter’s clients using Ripple Payments. AMINA Bank’s CPO noted that native web3 businesses often run into friction when working with legacy banking systems, which is why the...
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