USbank

Big moves in crypto banking! Cincinnati-based Fifth Third Bank is stepping deeper into the crypto world, as U.S. regulations around digital currencies become more clear.

🗣️ Ben Hoffman, Chief Strategy Officer at Fifth Third, says the bank is looking to grow its crypto services. Right now, they already serve a small group of clients using crypto for things like payroll and payments.

Now, they're planning even more — including:

💱 Using stablecoins to make international payments cheaper and faster

🔗 Letting customers trade crypto and use digital currencies for purchases via the bank’s large payment network

🧠 Building a team focused on crypto research and development

Trump’s Pro-Crypto Policies Spark Bank Interest

Fifth Third started working with crypto firms about five years ago, but held off on going big until laws and rules were clearer.

Things slowed down after the 2022 FTX crash and the fall of crypto-friendly bank Silvergate, which shook trust in the industry.

But now, Hoffman says it’s the perfect time to move forward, with full support from all areas of the bank — including compliance, treasury, and liquidity teams. He called it a “whole bank effort.”

🏛️ Big Regulatory Changes Help Banks Embrace Crypto

Rodney Hood, acting head of the Office of the Comptroller of the Currency (OCC), recently announced a major shift in crypto policy. Banks can now:

Use blockchain for payments

Hold crypto assets

Work with stablecoins
— without needing special approval like before.

The U.S. government, especially under Donald Trump, has been pushing more crypto-friendly policies. Trump has placed pro-crypto leaders in key roles and has even launched his own crypto ventures.

Now, top U.S. banks are preparing to expand into digital assets under these looser regulations.

🧾 Fed, OCC, and FDIC Remove Crypto Warnings

On April 24, U.S. banking regulators took a big step by removing old rules that warned banks to be cautious about crypto.

This included:

Two letters requiring banks to get permission before working with crypto

Warnings about risks like volatility, legal issues, and liquidity

#USbank
#BinanceTGEAlayaAI #BinanceAlpha$1.7MReward #BinanceAlphaPoints #BinanceAlphaAlert

As of 05:55 PM IST on April 28, 2025, the crypto space and global markets are experiencing significant shifts with far-reaching implications. Here are the top breaking news updates affecting the U.S., cryptocurrency, and the world, drawn from the latest developments.

1. U.S.-China Tariff Easing Boosts Crypto Market Sentiment

China has eased some U.S. tariffs, as reported at 11:41 IST, following negotiations amid President Trump’s push for concessions. This move has alleviated pressure on global markets, contributing to a $300 billion surge in the crypto market cap, now exceeding $3 trillion, with Bitcoin hitting $93,708.00, up 1.45% in 24 hours.

2. SEC Chair Signals Pro-Crypto Regulatory Shift

On April 25, new SEC Chair Paul Atkins emphasized the need for clear crypto regulations, reversing past uncertainties that stifled innovation. This development, announced at 01:01 IST on April 27, has sparked optimism among crypto leaders, potentially paving the way for broader U.S. adoption and impacting global regulatory trends.

3. CME Group to Launch XRP Futures in May 2025

CME Group announced XRP futures contracts starting next month, reported at 17:54 IST today. Following XRP’s 13.3% trade volume surge in India (Q1 2025), this move could enhance XRP’s global liquidity, influencing altcoin markets worldwide.

4. Stablecoins Poised for $300 Billion Daily Settlements

Citi forecasts stablecoins settling $300 billion daily by year-end, a “ChatGPT moment” for blockchain, noted at 03:40 IST. This growth, driven by platforms like USDC, could reshape global commerce, impacting crypto adoption across economies.

5. U.S. Bank Regulators Ease Crypto Restrictions

U.S. regulators have relaxed guidelines, allowing banks to engage in crypto activities freely, as per updates at 03:40 IST. Posts on X suggest big banks may soon enter the crypto space, potentially driving mainstream adoption globally.

6. Bitcoin ETF Inflows Hit $936.43 Million Daily

U.S. spot Bitcoin ETFs recorded $936.43 million in daily inflows on April 24, the highest since January, per reports from April 27. This institutional interest, coupled with ETFs buying 33,500 BTC weekly (versus 3,150 mined), signals a supply squeeze with global price implications.

7. Trump Tariffs Slow Global Growth, IMF Warns

The IMF slashed global growth forecasts to 2.8% due to Trump’s tariffs, reported at 00:36 IST on April 23. This economic slowdown, projecting U.S. growth at 1.8%, could drive investors to crypto as a hedge, influencing worldwide market dynamics.

8. Oregon Sues Coinbase Over Securities Violations

Oregon AG Dan Rayfield filed a lawsuit against Coinbase on April 18 for selling unregistered cryptocurrencies, noted at 03:40 IST. This legal action highlights ongoing U.S. regulatory challenges, potentially affecting global trust in major exchanges.

9. Bitwise CEO: Bitcoin Rally Driven by Institutions

Bitwise CEO Hunter Horsley stated at 10:30 IST that Bitcoin’s rally to $94,000 is institution-driven, not retail, despite low Google search interest. This shift underscores a maturing crypto market with global investment trends.

10. BlackRock CEO Bullish on Bitcoin Amid Uncertainty

BlackRock’s Jay Jacob said at 14:30 IST, “Bitcoin thrives in uncertainty,” as it nears $94,000. This sentiment reflects Bitcoin’s growing role as a safe-haven asset, impacting global investment strategies.

Global Impact

These developments signal a pivotal moment for crypto in 2025. The U.S.’s regulatory shifts and institutional adoption (e.g., Bitcoin ETF inflows) could set a precedent for global markets, while tariff-related economic pressures may drive more investors to crypto, boosting its worldwide adoption. However, regulatory challenges like the Coinbase lawsuit highlight persistent risks that could temper global confidence if not addressed. The rise of stablecoins and XRP futures further positions crypto as a transformative force in global finance.

#btc
#NewsAboutCrypto
#teriffwar
#USbank

The U.S. banking sector has just taken a massive leap into the future of finance! Custodia Bank and Vantage Bank have introduced Avit, the first-ever bank-supported stablecoin operating on a permissionless blockchain. Running on the Ethereum network, this innovation marks a major breakthrough in compliant, dollar-based blockchain payment technology. Let’s dive into what this means for the crypto and traditional finance worlds! 💥
⸻
What Makes Avit a Game-Changer? 🔥
The launch of Avit represents a shift in how banks approach blockchain technology and digital payments. Here’s why this stablecoin is making waves:
✅ Permissionless Blockchain: Unlike traditional banking systems that rely on centralized controls, Avit runs on Ethereum, making transactions transparent, efficient, and secure.
✅ Bank-Backed Stability: With Custodia Bank and Vantage Bank supporting Avit, users gain confidence in the stability and legitimacy of this dollar-pegged stablecoin.
✅ Regulatory Compliance: Unlike many crypto-native stablecoins, Avit is designed to meet strict banking and financial regulations, paving the way for mainstream adoption.
⸻
Why This Matters for the Crypto Market 🌍
Stablecoins have been a key pillar in crypto trading, DeFi, and payments. However, bank-issued stablecoins on permissionless blockchains bring unique advantages:
💡 Bridging Traditional Finance & Crypto – Banks entering the permissionless blockchain space signal increasing institutional adoption and legitimacy for crypto.
💡 Faster & Cheaper Payments – Blockchain-based transactions eliminate intermediaries, reducing costs and speeding up cross-border payments.
💡 Increased Transparency – Avit’s use of Ethereum ensures on-chain transparency, making financial transactions more auditable and secure.
Unlike USDT (Tether) or USDC (Circle), which are issued by private companies, Avit is directly backed by regulated banks, offering a higher level of compliance and oversight. This could make it a preferred choice for institutional investors and businesses looking for a secure and legally compliant stablecoin.
⸻
The Future of Bank-Issued Stablecoins 🚀
The launch of Avit is just the beginning! More banks could follow suit, leading to:
📈 Greater Institutional Crypto Adoption – Banks issuing stablecoins could accelerate crypto’s integration into mainstream finance.
⚡ Faster Cross-Border Transactions – Businesses and individuals could bypass slow traditional banking systems using blockchain-based payments.
🔍 Regulated DeFi Growth – A compliant stablecoin could open doors for institutional investors to explore DeFi lending, borrowing, and yield farming.
⸻
Final Thoughts 💭
With Avit, U.S. banks have officially entered the permissionless blockchain era, setting a new standard for how traditional financial institutions engage with crypto. This milestone could be the beginning of a major transformation, where blockchain-powered banking becomes the norm rather than the exception.
One thing is for sure—the world of finance is changing FAST. Stay tuned, because this is just the start! 🚀🔥
⸻
Disclaimer: This article is for informational purposes only and should not be considered financial or investment advice. Always conduct your own research before making financial decisions.#avit #USbank

In a game-changing decision, the SEC has overturned the controversial SAB 121 rule, clearing the path for banks to offer cryptocurrency custody services. This pivotal move, marked by the introduction of SAB 122, eliminates the burdensome restrictions that previously treated digital assets as liabilities. The updated regulation allows financial institutions to securely manage and store cryptocurrency, opening doors to new opportunities like crypto-backed loans and other innovative financial products.

🚀🚀🚀 What’s Behind the Change?
The repeal of SAB 121 reflects a bipartisan push to integrate cryptocurrency into the traditional financial system. With SAB 122, banks are no longer hindered by outdated accounting and tax complications, enabling them to seamlessly manage digital assets. This regulatory overhaul demonstrates a growing consensus that cryptocurrency deserves a legitimate role in mainstream finance. Major institutions such as Bank of America and others are expected to quickly adopt these capabilities, bringing crypto closer to everyday consumers.

Why This Matters for You🔥🔥🔥
This regulatory shift is a major milestone for cryptocurrency adoption, offering enhanced security and accessibility for investors. Banks are now preparing to provide safer custody options and facilitate crypto-backed lending, potentially transforming the way businesses and individuals utilize digital assets. The integration of cryptocurrency into traditional banking systems marks the dawn of a new era for finance, blending the stability of conventional banking with the innovation of blockchain technology.

With banks entering the crypto space, the future of digital assets looks brighter than ever. This policy reversal signifies a monumental step forward, paving the way for broader adoption and groundbreaking financial possibilities.
#SEC #USbank #VeThorOnBinance $BTC $BNB $XRP

⚠️🚨 WHY BANKS WON’T ANNOUNCE RIPPLE PARTNERSHIPS YET.

Ripple’s legal fight is ending, but banks stay silent. Why? Regulatory risk. Until the SEC case is fully closed, compliance concerns hold them back.

Let’s break down why they’re waiting. 🧵👇
#xrp
#SEC
#USbank
#RİPPLE
#FidelityStablecoin
$XRP

1️⃣ SEC’s XRP Lawsuit Created a Legal Gray Area.

Since 2020, the SEC argued that Ripple’s XRP sales violated securities laws. Until the case was resolved, XRP’s legal status was in question. Banks could not risk engaging in potentially illegal securities transactions.

Even though a court ruled that XRP is not a security in secondary markets, institutional sales were deemed securities—a key legal nuance that banks must carefully navigate.

Banks don’t like uncertainty. No clarity = No announcements
2️⃣ Regulators Require Banks to Avoid Legal Exposure.

U.S. banks are overseen by multiple regulators, including:

✅ OCC (Office of the Comptroller of the Currency).

✅ Federal Reserve.

✅ FDIC (Federal Deposit Insurance Corporation).

✅ SEC (Securities and Exchange Commission).

✅ FinCEN (Financial Crimes Enforcement Network).

Each of these agencies has strict rules for new activities and fintech partnerships. If a bank engages with an entity under legal scrutiny (like Ripple), regulators demand a full risk analysis before approval.

Until the Ripple lawsuit is completely over, banks can’t confidently clear these regulatory hurdles
3️⃣ OCC Rules: Crypto Partnerships Require Special Approval.

In 2021, the OCC restricted banks from engaging in crypto-related activities without first obtaining written approval.

Even though the OCC eased this rule in March 2025, banks are still required to demonstrate:

🔹 Robust risk management.

🔹 Compliance with all financial laws.

🔹 Zero exposure to legal violations.

If a bank jumps the gun on Ripple before full regulatory clarity, it could face severe penalties
4️⃣ AML & FinCEN Oversight: XRP’s Compliance Risks.

The Bank Secrecy Act (BSA) and AML regulations require banks to prevent money laundering.

In 2015, FinCEN fined Ripple $700K for BSA violations because it failed to register as a money services business (MSB) and lacked proper AML controls.

Banks must ensure Ripple is fully compliant with AML laws before engaging in large-scale partnerships. One misstep and the bank could be fined, investigated, or even lose its charter
5️⃣ Third-Party Risk Management: Banks Must Vet Ripple Thoroughly.

Banks are extremely cautious when partnering with fintech firms. They must:

🔍 Conduct in-depth due diligence on Ripple’s compliance history.

🛑 Ensure no legal liabilities (which is hard when a firm is under SEC litigation).

⚖️ Prove to regulators that XRP transactions won’t be considered securities offerings.

Until EVERY legal risk is resolved, banks will wait before announcing partnerships
6️⃣ Regulatory Reputation Risk: No Bank Wants to Be First.

Imagine the headlines: “Major U.S. Bank Faces SEC Scrutiny for Partnering with Ripple”.

Banks value stability over innovation. No bank wants to be the SEC’s next target.

Even after Ripple’s legal victory, banks will move gradually—testing RippleNet without publicly committing to XRP use.
7⃣ So When Will Banks Announce Ripple Partnerships?

💡 Once the SEC officially closes the case and regulatory clarity is achieved.

💡 When banks receive explicit approval from the OCC, Fed, and FDIC.

💡 When Ripple’s compliance controls satisfy AML and securities laws.

Right now, banks are engaged in private discussions with Ripple. Once they’re sure regulators won’t object, announcements will follow.

🔜 Expect a slow rollout—not an overnight flood.
🔥 Final Takeaway.

Banks don’t fear Ripple’s technology—they fear regulatory backlash.

They are waiting for ironclad legal clarity before announcing any partnerships involving RippleNet or XRP.

👉 The SEC case created uncertainty. Banks don’t move until risk = 0.

👉 Now that Ripple’s legal battle is ending, banks will cautiously re-engage.

👉 Expect private pilots before public announcements.

Regulation dictates the timeline. And in banking, compliance is king. 👑
$XRP $XRP

Several major U.S. banks are making significant strides into the cryptocurrency sector, taking advantage of more relaxed regulatory conditions under President Donald Trump.
While they still face substantial regulatory obstacles in offering full-scale crypto trading, many institutions are focusing on the growing demand for digital asset custody services.
Leading financial players such as State Street, BNY Mellon, and Citigroup are expanding their services to cater to institutional investors seeking secure digital asset storage solutions. State Street, known for its expertise in traditional asset custody, plans to launch its own digital asset custody services in the coming year.
BNY Mellon, already providing limited custody for Bitcoin and Ethereum, aims to broaden its offerings by incorporating additional tokens. Meanwhile, Citigroup is considering options to enter the space, either by creating its own custody services or partnering with established crypto firms.
However, banks still face regulatory hurdles that complicate their entry into the crypto space. To offer such services, institutions must obtain approvals from key regulatory bodies, including the Federal Reserve and the New York Department of Financial Services. Additionally, stringent capital requirements add another layer of complexity, slowing down the process of entering the crypto trading market.
As this sector develops, discussions between major crypto platforms like Coinbase and traditional banks indicate a growing synergy between established financial institutions and the crypto world.

#usbank #BNBChainMeme #TraderProfile #CryptoLovePoems #BinanceAlphaAlert