US regulation2026-08-27 21:52:09OCC and FDIC finalize rule requiring banks to justify cuts to crypto clientsU.S. banking regulators have finalized a new rule that would limit banks from ending services to crypto companies without explanation. According to Techub News, the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation now require banks to provide a clear legal or financial reason before cutting off a crypto firm's access to banking services. The measure is aimed at curbing arbitrary account closures or service terminations involving crypto businesses. The report said the rule marks a step by the United States toward addressing the industry's debanking problem. It could also help pave the way for more stable banking access for crypto companies seeking to maintain ordinary business relationships with regulated financial institutions.520
Payward2026-08-20 23:59:27Payward says it is exploring a full-service banking push outside the USPayward co-CEO Dave Ripley said at the Wyoming Blockchain Symposium that the company is focusing on three main business lines: trading, banking and asset management. He described banking as covering payments, lending, yield and custody, adding that Payward already has capabilities in all four areas. The company’s banking arm, Kraken Financial, has secured a Wyoming special purpose depository institution charter. Earlier this year, it also received a streamlined Federal Reserve master account, giving it access to parts of the central bank payment system. The remarks point to a broader effort by Payward to expand beyond trading and deepen its role in financial services, with attention on markets outside the United States.1110
UK2026-08-11 10:27:26UK parliamentary group questions banks over restrictions on crypto firmsA cross-party parliamentary group in the UK has asked major banks including HSBC and NatWest to explain why crypto businesses are facing restrictions on banking services. The letter, sent by the All-Party Parliamentary Group on Crypto and Digital Assets, follows repeated accounts from industry participants who say crypto firms have struggled to open bank accounts and have faced limits on cryptocurrency-related payments. The group said restricted access to banking could become the biggest barrier to growth for crypto companies in the UK. It warned that limited banking channels could hinder the expansion of licensed firms, reduce companies’ willingness to invest in the country, and weaken the effectiveness of the UK’s upcoming cryptocurrency regulatory framework. According to CoinDesk, several major British banks have already imposed restrictions on crypto-related payments.1880
UK2026-07-21 05:37:31UK parliamentary group opens inquiry into banking access for crypto firmsA cross-party digital assets group in the UK Parliament has opened an inquiry into banking services available to the local crypto industry, according to BlockBeats. The review will focus on two core issues affecting crypto businesses in the country. First, it will examine the difficulties these firms face when trying to open and maintain bank accounts. Second, it will look at restrictions banks place on transactions կապված to crypto assets. The move puts banking access for crypto companies under formal parliamentary review and centers attention on how traditional financial institutions handle the sector.1710
PNC Bank2026-07-02 05:20:14PNC Bank Partners with Coinbase to Launch Bitcoin and Crypto Services for Wealth Management ClientsPNC Bank announced a strategic partnership with Coinbase to offer Bitcoin and cryptocurrency buying, selling, and holding services to its wealth and asset management clients. The collaboration also provides Coinbase with select banking services from PNC. Bank executives highlighted growing client demand for secure digital asset access, while exploring future payment and treasury applications. Coinbase’s institutional-grade platform powers PNC’s entry into the digital asset market.510
