Our Scans · (FS.8.03) Open Banking · Weekly Summary

• CryptoNews-citing Clear Street-highlighted concerns that proposed U.S. legislation could favor bank-backed models over more open stablecoin architectures, tilting competitive advantages toward incumbent banks. News, Events, Advertising Options
• Federal regulators' move towards national bank charters for fintechs will open up opportunity while maintaining a level playing field - in contrast with the Obama-era proposal for a specialized fintech charter. The Financial Brand
• Many large banks (such as Bank of America, Citibank, and U.S. Bank) already have open API systems in place, but smaller institutions will need additional lead time. Host Merchant Services
• Cooling of indoor spaces; cold chain and refrigeration and passenger transport can open an investment opportunity of USD 1.6 trillion by 2040 in India, the World Bank has estimated. Hindustan Times

Last updated: 26 February 2026