Banking Regulation

Banking Regulation

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)

Finance

Banking Crisis in U.S. Likely to Push Crypto Firms Offshore

Switzerland, Lichtenstein and island jurisdictions are among the potential benefactors of the trend.

Author and investor Tatiana Koffman is just one among many who have turned to bitcoin amid a plague of bank runs – possibly the beginning of what she has described as the "Great Reset." (K8/Unsplash)

Policy

U.S. Fed’s Supervision Chief Investigating What Happened With Silicon Valley Bank

The Federal Reserve’s vice chairman for supervision, Michael Barr, is digging into the bank failure, the U.S. central bank announced.

Federal Reserve Vice Chair Michael Barr (Alex Wong/Getty Images)

Policy

Federal Reserve’s Powell: We Don’t Want to Strangle Crypto Innovation, but Sector Is a Mess

The central bank's chairman said the Fed is sticking to its warnings that banks should be “quite cautious” about getting involved in digital assets.

Fed Chair Jay Powell Signaled Easier Monetary Policy on Wednesday (Win McNamee/Getty Images)

Opinion

Crypto’s Banking Problem Is Not Ironic

Call it Choke Point 2.0, debanking or whatever, the crypto industry’s problems with the banking industry show why the banking industry needs reform.

(Getty Images)

Policy

Restrictive Crypto Rules for EU Banks Confirmed in Published Legal Draft

Banks in the European Union would have to treat crypto as the riskiest kind of asset and disclose exposures while awaiting more detailed rules.

The European Parliament is set to vote on new banking rules for crypto. (John Elk III/Getty Images)

Opinion

Aspiring Crypto Bank’s Plight Shows Binance’s Issues Are Just Part of the Story

Custodia Bank’s membership rejection by the Federal Reserve Board is more alarming for crypto banking than the recent troubles of Binance, Juno and Signature Bank combined.

Caitlin Long attends Consensus 2019 in New York City.  (Steven Ferdman/Getty Images)

Policy

EU Lawmakers Impose ‘Prohibitive’ Requirements on Banks’ Crypto Holdings

The vote in the European Parliament's Economic and Monetary Affairs Committee is intended to anticipate international bank-capital norms.

The European Parliament in Brussels (Laura Zulian Photography/Getty Images)

Policy

European Banks Must Fully Cover Crypto Holdings With Capital, Draft Text Says

A leaked proposal that faces a vote on Tuesday deems crypto assets to be the riskiest kind, in line with emerging international guidelines

The European Parliament is set to vote on new banking rules for crypto. (John Elk III/Getty Images)