News

As cryptocurrency firms and fintech companies seek national trust charters under the more digital asset-friendly Trump administration, the Office of the Comptroller of the Currency's interpretative letter undergirding their applications is drawing greater scrutiny from the banking industry.

If digital assets are a new building still in the design phase, the wallet is the front door.

A significant majority of Americans are now living lives of permanent financial stress, and debt delinquency is on the rise. For bankers, that's a recipe for problems with profitability, and perhaps with safety and soundness, warns Gene Ludwig.