banking regulation

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Taiwan Set to Ban Crypto Purchases Using Credit Cards: Report
The country's financial regulator sent a letter to the banking association asking credit card companies to stop taking on crypto firms as merchants.
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Banks’ Bitcoin Holdings Should Be Capped, Basel Committee Proposes
Holdings of unbacked crypto like bitcoin and algorithmic stablecoins would be limited to 1% of a lender’s capital under the standard setter's new plans put out for consultation Thursday.
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US Banking Watchdog Says Crypto Turmoil Reinforces Cautious Approach
Acting Comptroller of the Currency Michael Hsu says the industry’s recent drama makes his agency more confident about limiting banks’ exposure to crypto.
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Crypto Bank Custodia Sues Federal Reserve
The bank founded by Morgan Stanley veteran Caitlin Long filed suit against the U.S. central bank for delaying a decision on its application for a master account.
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Crypto Banking Rules Now Due This Year From Basel Committee
The group cited recent turmoil in pushing ahead with its plans, which previously saw opposition from major lenders like JPMorgan Chase.
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Argentina's Central Bank Bans Lenders From Offering Crypto Services
The announcement on Thursday afternoon comes after the IMF last month approved a $45B loan facility for Argentina that stipulated the country would discourage the use of cryptocurrencies.
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Banks Don’t Need Extra Crypto Protections Yet, EU Regulator Says
The European Banking Authority said it will start work this year to map out crypto activities and spot new financial risks.
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Monetary Weapons: 4 Lessons from Canada and Russia
The traditional financial system is a tool that can be used both against fellow citizens and despicable enemies.
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Bitcoiners Were Right: Weaponized Finance Just Created a Post-Dollar Planet
A wave of sanctions hitting Russia highlights the complex web of connections that make up contemporary global society – and its ultimate fragility.
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New FDIC Acting Chair Says Evaluation of Crypto Risks Is a Top Priority for 2022
Martin Gruenberg said agencies like the FDIC need to provide “robust guidance” to the banking industry on how to manage the risks to consumers posed by crypto assets.
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