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 ...
Tag: Cryptocurrency
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 ...
Podcast: Top bank tech and innovation trends for 2023
What's on the horizon for bank innovation and fintech in 2023? ABA's Office of Innovation team explores top tech trends for ...
BIS bulletin explores government approaches to reducing crypto risks
Central banks seeking to rein in crypto risks could pursue strategies ranging from regulation to outright bans of the technology, ...
Compliance for 2023: What does the future hold?
With uncertainty the rule, the best advice is to have banks’ change-management processes ready for whatever comes.
Banking regulators issue warning on cryptocurrency risks
Events of the past year have highlighted several key risks posed by cryptoassets that banks should consider if they wish ...
Basel Committee issues standard for banks’ cryptoasset exposure
BCBS says the standard provides a “robust and prudent global regulatory framework" for internationally active banks' cryptoasset exposures.
