ABA seeks level playing field in digital asset regulation
Lawmakers and regulators should adhere to the principle of “same activity, same risk, same regulation” when developing a framework for ...
Tag: Cryptocurrency
Fed’s Barr: Agencies continue to explore role of crypto in banking
When it comes to crypto assets, banking regulators seek to strike a balance between providing enough room for technological innovation ...
Hsu sees need for international crypto regulation
The collapse of cryptocurrency exchange FTX happened in an international regulatory vacuum that allowed the firm to hide fraudulent activity ...
Lawmakers raise concerns about balance sheet treatment of crypto custody assets
Rep. Patrick McHenry (R-N.C.) and Sen. Cynthia Lummis (R-Wyo.) this week asked the banking agencies for clarification regarding an April ...
ABA, BPI weigh in on White House effort to set digital asset R&D priorities
“Banks continue to lead the way in responsible innovation in the financial services sector while nonbank crypto firms continue to ...
Regulators: Banks that offer crypto deposits must mitigate risks
Banking regulators this week issued a joint statement reminding financial institutions of their risk management obligations should they offer depository ...
FSB to more closely scrutinize decentralized finance
The Financial Stability Board this week laid out several steps it will take in the future to evaluate and possibly ...
What bank marketers need to know about cryptocurrency
Crypto is still an outlier in the product line for many banks. But a few have made big commitments.
Waller urges caution if banks engage with cryptocurrency
Banks and other financial institutions must engage in a safe and sound manner in any activity they do, and that ...
Fed issues guidelines for weighing crypto requests from non-FDIC insured banks
The Federal Reserve this week released guidelines for how it would evaluate requests from state-charted but non-FDIC-insured financial institutions seeking ...
