2021-11-1 18:08 |
US regulators are trying to develop guidelines for commercial banks intending to start working with cryptocurrencies.
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2021-11-1 18:08 |
US regulators are trying to develop guidelines for commercial banks intending to start working with cryptocurrencies.
Similar to Notcoin - Blum - Airdrops In 2024
FDIC Chairman says regulators are trying to chart a course for banks and financial institutions to hold cryptocurrencies. The statement is hinged on a collaboration between three top US financial regulators.
2021-10-29 12:19 | |
U.S. banking regulators are exploring how traditional banks can hold bitcoin for various purposes.
2021-10-28 02:00 | |
The Federal Deposit Insurance Corporation has its eyes set on cryptocurrencies. A team of U. S. bank regulators will be teaming with other agencies to coordinate policies for how and under what circumstances banks can engage in activities involving crypto.
2021-10-27 16:02 | |
An interagency team of U. S. banks regulators, namely the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve, and the Office of the Comptroller of the Currency, are putting their heads together to come up with a regulatory roadmap for banks to incorporate cryptocurrencies into their service offerings.
2021-10-27 23:02 | |
Per a Reuters report, the Federal Deposit Insurance Corporation (FDIC) Chair Jelena McWilliams claims regulators in that country are exploring a “clear path” to allow banks and clients to hold Bitcoin and other cryptocurrencies.
2021-10-26 20:09 | |
Banks' BTC holdings could be used for client trading, as collateral for loans, or held as assets in their balance sheets.
2021-10-26 20:06 | |
Proposed rules would make “bank involvement in the cryptoasset market cost-prohibitive from a capital perspective,” industry associations have told regulators.
2021-9-24 11:59 | |
Regulators and central banks have paid close attention in recent weeks to stablecoins as the emerging asset class hit a total market cap of more than $100 billion. They’ve recognized the asset class, up fourfold this year alone, is far too big to ignore.
2021-9-11 18:00 | |
Payment processor Mastercard is further venturing deep into the crypto world by acquiring the blockchain and cryptocurrency analytics company CipherTrace, which helps banks, crypto exchanges to government regulators, and law enforcement gain insight into more than 900 cryptocurrencies.
2021-9-10 17:26 | |
“Crypto is the new shadow bank,” says Senator Elizabeth Warren, who says regulators should consider banning the banks in the US from holding cash deposits backing up stablecoins to effectively end the growing market.
2021-9-6 15:24 | |
From indictments against figures behind BitMEX to banks blocking transactions, and then Binance, some CEXs are under pressure. Is this an industry-wide phenomenon?
2021-8-7 12:47 | |
UBS has joined the phalanx of banks expressing concern over their customers investing in digital assets.
2021-7-6 06:10 | |
While the future of money shouldn’t be “left entirely to central bankers,” Ravi Menon warns not to discount the possibility of crypto whose widespread use could “lead to an erosion of the nation state’s monetary sovereignty.
2021-7-2 20:15 | |
Liechtenstein's Financial Market Authority has approved a new startup called Lirium, which was founded by a Xapo co-founder and aims to streamline the integration of crypto services by banks and fintechs.
2021-7-3 14:38 | |
Banking institutions in South Korea have reportedly requested to not be held accountable for crimes linked to cryptocurrencies such as money laundering. According to local media, financial regulators are now developing rules that could relieve Korean banks from responsibility when screening the crypto exchanges they work with.
2021-6-28 14:00 | |
South Korean regulators want banks to classify crypto exchange clients as high-risk while financial service institutions clamor for greater indemnity regarding potentially illegal activities of trading platforms.
2021-6-15 13:00 | |
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.
2021-6-11 01:00 | |
Basel regulators said today that banks face the “most risk” from Bitcoin and other cryptocurrencies as they are tools for money laundering and a threat to the broader financial market. The post Swiss committee proposes banks hold a dollar for every dollar in Bitcoin exposure appeared first on CryptoSlate.
2021-6-10 13:56 | |
She expects regulators to be “more friendly over time” while expanding her focus to include Ethereum and expects central banks to do that with BTC and other currencies. The post “Impossible” to Shut Crypto Down: Ark Invest’s Cathie Wood Sees Emerging Market Central Banks Accumulating Bitcoin first appeared on BitcoinExchangeGuide.
2021-5-28 15:16 | |
Banks and financial regulators should facilitate the tokenization of the financial system, DBS CEO Piyush Gupta said during Consensus 2021.
2021-7-3 00:00 | |
Regulators in South Korea are now taking an interest in the cryptocurrency industry with plans to introduce regulations for the emerging asset class. The nation’s financial authorities are now seeking the help of banks to aid in these efforts, and have asked them to declare their cryptocurrency businesses to ascertain the exact number of cryptoRead More
2021-5-6 08:00 | |
The Federal Reserve’s top supervisory official has called on bank regulators to pay more attention to cryptocurrencies and stablecoins. His comments followed a number of major banks announcing that they will be offering products based on cryptocurrencies, particularly bitcoin, to their clients.
2021-5-4 03:30 | |
Blockchain industry members claim that smaller-scale startups have struggled to forge partnerships with local banks in South Korea and are therefore unable to register under regulators' new requirements.
2021-3-24 13:48 | |
The Association of Russian Banks is worried about regulators being unable to track illicit transactions of an offline-enabled digital ruble.
2021-1-14 15:01 | |
International Currencies The Russian state news outlet RT reported that the Central Bank of Russia says digital currencies will challenge current international banking systems. There are more than 30 central banks or other regulators that are researching Central Bank Digital Currencies (CBDCs).
2020-12-26 20:29 | |
Financial analysts acknowledge the growing interest in alternative financial instruments and their potential due to investor distrust in the monetary policy of national central banks.
2020-12-21 15:43 | |
A joint study by the Cambridge Centre for Alternative Finance (CCAF) and the World Bank has revealed that COVID-19 greatly accelerated Fintech regulatory innovation developments. Dubbed ‘Global COVID-19 Fintech Regulatory Rapid Assessment Study’, the report was released on Oct 28 as part of an effort to empirically equip regulators and central banks in the digital currency […] The post COVID-19 Accelerated Digital Payments Growth and Fintech Regulatory Innovation: World Bank & Cambridge Global Study first appeared on BitcoinExchangeGuide.
2020-10-31 23:45 | |
Privacy protocols have become the focal point of regulators and law enforcement agencies when the race among central banks to launch sovereign digital currencies is heating up.
2020-10-20 21:42 | |
Stablecoin issuers now have a strong tailwind from US regulators. Banks finally have some guidance on how to treat coins like Tether, Gemini Dollar, USD Coin and others that are pegged to fiat money.
2020-9-22 03:07 | |
Russian regulators have been working hard recently to come up with adequate regulations for the crypto industry. However, their efforts have yet to be included in the nation’s law. Despite this, one of the country’s banks has decided to go ahead and issue the first-ever crypto-backed loan, despite the still on-going lack of regulatory clarity.
2020-8-19 13:13 | |
The increasing institutional interest in Bitcoin is “not hard to see” as U.S. regulators green light custody this week.
2020-7-24 11:51 | |
On Wednesday, the Bitcoin and crypto market was treated with positive news from U. S. regulators. The Office of the Comptroller of the Currency (OCC) wrote on July 22nd that American banks are allowed to hold cryptographic keys.
2020-7-24 06:00 | |
The Wyoming Division of Banking regulators has accelerated the banking application charter for crypto influencer Caitlin Long’s Avanti project. The decision to fast-track Avanti Bank came in the wake of the Office of the Comptroller of the Currency (OCC)’s recent decision to allow banks to provide cryptocurrency custodial services.
2020-7-24 00:06 | |
In a landmark statement yesterday, United States regulators said they may allow banks to provide custody solutions for Bitcoin and other cryptocurrencies for American citizens. The post U.
2020-7-23 11:30 | |
U.S. regulators have cleared the way for national banks to provide cryptocurrency custody services on behalf of customers.
2020-7-22 20:00 | |
The close interaction between traditional finance and regulators is the key element in the development of the cryptocurrency industry.
2020-7-12 12:06 | |
The shares of big banks declined after the Fed said it would put a temporary cap on their dividend payments to preserve cash during the coronavirus pandemic. In its stress test, the central bank found that most banks would remain well capitalized in an economic downturn, but it also sees that large financial institutions remain […]
2020-6-29 23:42 | |
An archaic blockchain technology helps a technology company convince U.S. bank regulators that the transactions are free of money laundering.
2020-6-11 21:03 | |
Major banking giants in Japan together crypto exchange platform DeCurret have formed a working group to explore digital currency payments interoperability. Meanwhile, regulators in the country are warning investment advisors to fulfill the necessary licensing requirements before offering their services.
2020-6-5 01:03 | |
The world of regulators has been itching to regulate cryptocurrencies and device a solution to avoid any economic "threat" that comes with it. Development announcements made by countries like China, SThe post China's banks continue to embrace blockchain despite scalability, usability concerns appeared first on AMBCrypto.
2020-2-22 12:36 | |
A comprehensive framework shared by all participants will negate any risks associated with blockchain, the derivatives repository giant says.
2020-2-13 18:00 | |
Recent reports indicate that Japan might be moving towards launching its own CBDC, although uncertainty remains high due to reports that deny the decision. Japanese lawmakers might be moving in on the crypto space Ever since Facebook confirmed the rumors that it plans to launch its own cryptocurrency, lawmakers, regulators, and central banks around the world started taking the crypto sector a lot more seriously.
2020-1-24 14:32 | |
A former Executive of the Bank of Japan (BOJ) has said that Facebook’s Libra prompted Central Banks to invest more resources in Digital Currency research sooner than expected. According to a report by Reuters on Jan 22, Hiromi Yamaoka, a former head of settlements and payments at the BOJ, noted that regulators might have done […]
2020-1-23 21:22 | |
Banks' Unlikely Optimism For Cryptocurrencies Is Born Out Of Resignation The latter half of this year, ever since Facebook made official their Libra project in June, has seen financial regulators around the world scrambling to come up with ways to stave off a rapidly accelerating monetary phenomenon that defied all existing policies. If we've learned […]
2019-12-28 17:34 | |
The Association of Financial Markets in Europe, a body that represents global and European banks, recently published a paper highlighting the necessity for regulators across 11 jurisdictions in EuropeThe post AFME proposes five recommendations for supervisory convergence of crypto-regulations appeared first on AMBCrypto.
2019-11-14 14:30 | |
As regulators around the world seek to delay Facebook's Libra, central banks are racing to launch sovereign digital currencies.
2019-11-14 14:05 | |
For the better part of two months, Facebook has been in the fight to save Libra, its stablecoin project, from being shelved by regulators both at home and abroad. Concerns over a wide array of things (including money laundering and customer protection) have put the future of the asset in jeopardy, with the latest of […] The post German Banks Remain Skeptical of Libra, Won’t Ban It appeared first on BeInCrypto.
2019-11-12 03:36 | |
The Basel Committee on Banking Supervision is one of the most important regulators for global banking standards. As per the Basel III norms, set by the committee in the wake of the 2008 financial crisis, banks are supposed to hold a requisite amount of liquid capital based on the risk of their lending portfolio andRead MoreRead More.
2019-11-1 12:00 | |