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Crypto

U.S. banks face May 1 deadline to comment on OCC stablecoin rules

U.S. banks have until May 1 to submit views on the Office of the Comptroller of the Currency’s proposed rules tied to the GENIUS bill. The draft lays out reserve standards, custody rules, capital requirements and supervisory authority, and would require federal approval for issuers with more than $10 billion in stablecoins outstanding. Smaller issuers could operate under state frameworks certified by the Treasury, the Federal Reserve and the FDIC.

Crypto

XRP sees 35 million token exchange outflows, raising chance of 30 percent rebound

About 35 million XRP left exchanges in a single day, raising the possibility of further gains in May. Cointelegraph said the past 24 hours of outflows from the XRP Ledger ranked as the sixth-largest this year. Similar spikes earlier in 2026 preceded rebounds of about 20 percent in March and about 48 to 50 percent after February outflows. U.S. XRP spot ETF inflows and signs of whale accumulation are also cited as supportive.

Finance

KB leads, Woori posts decline as non-bank units drive Q1 results for top four financial groups

First-quarter results at South Korea\'s four biggest financial holding groups were decided by non-interest income and the competitiveness of non-bank units, with net interest income holding steady. A stock market recovery and money flows lifted fees and capital markets earnings, widening performance gaps. Combined net profit rose 8.1 percent from a year earlier to 53.3 trillion won, topping 50 trillion won for the first time. KB Financial remained No. 1, while Woori Financial was the only group to post a decline due to one-off factors.