‘Prohibitive’ Global Crypto Capital Norms Could ‘Derail’ Market, TradFi Groups Say
Banks want to see caps on bitcoin holdings increased fivefold under planned global standards
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Oct 4, 2022 at 12:00 p.m. UTC
Oct 4, 2022
Banking Regulation
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Don’t Penalize Crypto in Banking Rules, Futures Industry Group Says
Planned capital requirements for bitcoin could undermine financial reforms and make it harder to curb risks, a group representing the futures industry is to tell the Basel Com...
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Sep 30, 2022 at 3:41 p.m. UTC
Sep 30, 2022
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US Bank Watchdog Says He’s Not Budging on Crypto Distrust
Michael Hsu, acting chief of the Office of the Comptroller of the Currency, is sticking to his guns on keeping most crypto activity out of the U.S. banking system.
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Sep 7, 2022 at 2:58 p.m. UTC
Sep 7, 2022
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EU Lawmakers Seek to Cap Banks’ Bitcoin Holdings
Lawmakers of the European Green Party want to anticipate international standards by legislating hefty capital requirements for lenders now.
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Aug 17, 2022 at 1:41 p.m. UTC
Aug 17, 2022
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US Fed Reminds Banks to Check for Legal Permissibility Before Offering Crypto-Related Services
The Federal Reserve's open letter directs banks to contact their supervisor at the central bank prior to engaging with crypto.
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Aug 16, 2022 at 6:54 p.m. UTC
Aug 16, 2022
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US Senators Warren, Sanders Ask Key Bank Regulator to Rescind Crypto Guidance
The lawmakers also asked a series of questions about how many banks are currently involved in crypto.
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Aug 10, 2022 at 5:19 p.m. UTC
Aug 10, 2022
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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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Jul 22, 2022 at 8:41 a.m. UTC
Jul 22, 2022
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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 consultatio...
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Jun 30, 2022 at 10:56 a.m. UTC
Jun 30, 2022
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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Jun 23, 2022 at 7:30 p.m. UTC
Jun 23, 2022
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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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Jun 7, 2022 at 11:09 p.m. UTC
Jun 7, 2022