Chime Buys Stride and The Bancorp Loses a Fifth of Its Value in a Day
Mercury clears FDIC insurance it still cannot use, Nu opens on Lead Bank with a charter it already has, and the agencies propose retiring the 2024 deposit guidance.
21 institutions target a 2027 dollar coin, the SEC opens the shareholder record to blockchain, SoFiUSD lands on Kraken, and spot Bitcoin ETFs take in $986.7 million.
Examiners Narrow the Standard, Stripe Drops a $53 Billion PayPal Bid, and a $111 Million Bank Takes On $600 Million in Global Payments
The OCC and FDIC define unsafe practices by material harm, VALT must raise $25 million before opening, Afriex names Global Innovations Bank as sponsor and settlement bank, and RTP prepares for a 2027 cross-border pilot.