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Last Updated on June 24, 2023 by Paganoto

U.S. banking regulators to clarify banks' crypto role in 2022

U.S. banking regulators to clarify banks' crypto role in 2022

In a statement, regulators said they plan to make clear what sort of activities banks can engage in involving cryptocurrency, including holding it on their balance sheets, issuing stablecoins and holding crypto assets and facilitating crypto trading on behalf of customers, among other currently murky areas.Nov 23, 2021

U.S. regulators exploring how banks could hold crypto assets

U.S. regulators exploring how banks could hold crypto assets

A top U.S. bank regulator said U.S. officials are looking to provide a clearer path for banks and their clients that are looking to hold …

US Regulator 'Improperly' Pushing Banks to Avoid … – CoinDesk

US Regulator 'Improperly' Pushing Banks to Avoid … – CoinDesk

Sen. Pat Toomey said whistleblowers had informed him the FDIC was pressuring banks to stop providing services to crypto companies.

Crypto moves in 2021 from regulatory wilderness to “bedrock …

Crypto moves in 2021 from regulatory wilderness to “bedrock …

The Basel Committee on Banking Supervision, the global standard-setting body for prudential regulation, has proposed that banks back crypto …

Cryptocurrency regulations and banking in 2022 – BAI

Cryptocurrency regulations and banking in 2022 – BAI

Although the U.S. is lagging in developing a central bank digital currency, regulators are increasingly seeking to bring regulatory clarity to …

US banking regulators are looking to clarify crypto rules in 2022

US banking regulators are looking to clarify crypto rules in 2022

The Federal Reserve, Federal Deposit Insurance Corporation (or FDIC), and Office of the Comptroller of the Currency (OCC) have issued a …

How the SEC threw a wrench in bank regulators' crypto …

How the SEC threw a wrench in bank regulators' crypto …

SEC Staff Accounting Bulletin No. 121, issued in March, requires most SEC registrants that hold crypto assets for their clients to record that …

What are regulators doing about crypto? Part 1

What are regulators doing about crypto? Part 1

Sberbank is Russia’s largest retail bank and is struggling under the sanctions that have crippled the country’s financial sector and their economy in general.