Banking Regulation


Política

‘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

The industry worries proposed new bank crypto rules are unduly cautious. (Peter Dazeley/Getty Images)

Política

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 Committee on Banking Supervision.

Financial market traders are lobbying for gentler crypto rules (Scott Olson/Getty Images)

Política

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.

Acting OCC chief Michael Hsu (Jesse Hamilton for CoinDesk)

Política

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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Política

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.

Edificio de la Reserva Federal de los Estados Unidos. (Anna Moneymaker/Getty Images)

Política

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.

U.S. Senators Elizabeth Warren and Bernie Sanders (Scott Olson/Getty Images)

Política

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.

Taiwan's financial regulator wants credit card agencies to stop serving crypto firms.  (chenning.Sung/Getty Images)

Política

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.

Basilea, Suiza, sede del Banco de Pagos Internacionales (trabantos/Getty Images)

Política

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.

Acting OCC chief Michael Hsu (Jesse Hamilton for CoinDesk)

Política

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.

Avanti CEO Caitlin Long (CoinDesk archives)

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