Financial Regulators Propose a Rule that Could Shatter Bank’s Interest in Crypto

Financial Regulators Propose a Rule that Could Shatter Bank’s Interest in Crypto
фото показано с : btcmanager.com

2021-6-11 01:00

The financial situation for Banks that have their eye on crypto may have just taken a sharp turn, as the Swiss financial committee says banks should set aside money to protect investors from losses incurred in cryptocurrency holdings. origin »

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financial crypto banks should set aside holdings

Источник: btcmanager.com

financial crypto → Результатов: 126


Crypto Ad Ban In UK A Failure? 50% Still Active Despite Restrictions

The Financial Conduct Authority, the UK’s financial watchdog, faces challenges in enforcing its rules on illegal crypto advertisements. Despite flagging 1,702 illegal cryptocurrency ads, websites, and apps between October 2023 and October 2024, only 54% were removed online, with nearly half still active and luring potential investors or unsuspecting victims, the Financial Times disclosed. Related […]

2025-1-3 01:00


Фото:

Poland’s Financial Watchdog Mulls Crypto Regulation 

Polish Financial Supervision Authority (KNF), is now pondering on whether to regulate bitcoin (BTC) and other cryptocurrencies in the nation. The regulator is looking to formulae a uniform crypto regulatory framework that will govern crypto-linked businesses and is now seeking feedback from financial institutions and other stakeholders in ts cryptospace, according to reports on JulyRead MoreRead More.

2020-7-25 01:00


Bitruption: P2P Advertising Marketplace And Buy/Sell Bitcoin?

In the current financial system, banks misuse their monopoly over fiat to prevent the crypto industry from accessing the competitive and alternative financial system. Additionally, banks deny crypto businesses and miners the access to regular banking services such as loans, funds transfers, deposits and withdrawals, which essentially creates a barrier to conducting business using cryptocurrencies. […]

2018-11-9 13:05


Bank of England Deputy Governor Issues Warning to Financial Firms Over Crypto Risks

In a letter dated June 28, Sam Woods, deputy governor at the Bank of England who is also the CEO of the Prudential Regulation Authority (PRA), the UK’s financial watchdog, provided a reminder to financial firms of their “relevant obligations under PRA rules, and to communicate the PRA’s expectations regarding firms’ exposure to crypto-assets.

2018-6-30 18:29


Фото:

U.K. Banks Cautioned to Be Conservative with Cryptocurrencies

The Bank of England has warned U.K. lenders to study cryptocurrencies before doing business in the space. While acknowledging the benefits of the underlying distributed ledger, the deputy governor believes the high price volatility and relative illiquidity of cryptocurrencies are good enough reasons why financial institutions need to be careful when dealing with crypto assets.

2018-6-29 21:16


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