News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Banking Policy
US Banks Urge Closure of Loopholes in Stablecoin Yield Ban
Banking groups in the US are urging Senate amendments to the CLARITY Act to address stablecoin yield loopholes, emphasizing the need for clear regulations.
Mercation Admin2 min - Banking Policy
World Liberty Financial Approaches Trust License Approval in the U.S.
World Liberty Financial is close to getting a national trust bank license, enabling it to manage digital asset services.
Mercation Admin1 min - Banking Policy
Survey Reveals Concerns Over Stablecoin Yields Impacting Lending
The ABA's survey reveals public concerns over stablecoin yields threatening traditional banking practices, advocating for regulatory action.
Mercation Admin2 min - Banking Policy
China Strengthens Financial Influence in Southeast Asia through CIMB
China Merchants Bank has partnered with CIMB to enhance financial services in Southeast Asia, boosting cross-border trade and investments.
Mercation Admin1 min - Banking Policy
U.S. Senate Federal Credit Union to Transition to Thought Machine's Centralized Platform
USSFCU is moving to Thought Machine's centralized platform to modernize its banking and payment systems, enhancing transaction efficiency.
Mercation Admin1 min - Banking Policy
JPMorgan Opposes Parallel Banking System Based on Stablecoins
JPMorgan's CFO warns against interest-bearing stablecoins and the risks of a parallel banking system without proper regulations.
James Park1 min