Banking Regulation


Policy

Figure Abandons Quest to be U.S. Chartered Crypto Bank After Three-Year Fight

Anchorage Digital stands alone as the only OCC-chartered crypto bank after other efforts have fizzled out or been withdrawn.

Figure Technologies CEO Mike Cagney (CoinDesk archives)

Policy

Canada Unveils New Bank Capital Rules for Crypto Holdings

New rules for banks and insurers are based on international norms, regulators said.

Canada has unveiled new bank-capital plans for crypto (Pixabay)

Policy

EU Seals Deal on Crypto Bank-Capital Rules

Lawmakers have previously favored ‘prohibitive’ capital requirements to keep unbacked crypto assets out of the banking system

The EU Data Act has raised smart contract fears (Pixabay)

Policy

EU Governments Friendly to Tough Crypto Bank-Capital Restrictions, Negotiator Says

The move could mean assets such as bitcoin (BTC) and ether (ETH) are given the maximum possible risk weight as part of a lengthy set of banking laws, which could be agreed as soon as next week.

New EU rules could control banks' access to crypto (Leonhard Niederwimmer/ Pixabay

Policy

EU Banks Could Access Stablecoins More Easily Under Leaked Plans

The European Commission's plans could moderate a push from Parliament to discourage crypto holdings as it debates new capital requirements for banks.

The EU is set to agree new crypto tax laws (Ralph/Pixabay)

Policy

Even Licensed Firms Say Opening Bank Accounts Is Hard in Hong Kong

Hong Kong has said it wants to be a crypto hub but its banks are rejecting account opening applications.

Hong Kong (Unsplash)

Policy

Hong Kong Regulator Reminds Local Banks There Is No Ban on Crypto Firms

Crypto companies have complained that opening bank accounts in the jurisdiction is difficult.

(Ruslan Bardash/Unsplash)

Policy

Crypto Banking Rules Could Be Modified if Market Reacts, Basel Committee Chair Says

Controversial rules unveiled last year would discourage banks from holding assets such as bitcoin that are deemed risky

Pablo Hernandez de Cos (right) with the King of Spain (Samuel de Roman/Getty Images)

Opinion

The Reality Behind the Crypto Banking Crackdown: ‘Operation Choke Point 2.0’ Is Here

Banking enforcement targeting legal crypto businesses appears to violate the FDIC's mandate. It may also be amplifying financial contagion.

(Spencer Platt/Getty Images)

Policy

Signature Bank’s Prospective Buyers Must Agree to Give Up All Crypto Business: Reuters

The Federal Deposit Insurance Corp. later denied Reuters' reporting.

(Spencer Platt/Getty Images)

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