banks

Hong Kong's Central Bank Plans to Ease Rules on Banks' Crypto Holding: Report
The central bank released a draft paper for public comment with a view to clarifying the guidance on capital regulation for crypto assets

U.S. Fed Officially Scraps Specialist Group Meant to Oversee Crypto Issues
The Federal Reserve has shuttered the Novel Activities Supervision Program it built in 2023 that was — in part — meant to focus on banks' crypto activity.

New White House Order Could Punish Banks for Dropping Customers Over Beliefs
The order aims to stop "debanking", the practice of denying financial services for ideological reasons.

UK to Propose Restrictions on How Banks Can Deal With Crypto Next Year
The U.K.'s incoming rules will be on the more restrictive end, said David Bailey, the executive director of prudential policy at the Bank of England.

Banks' Spot Crypto Holdings Continue to Collapse as Firms Move to ETPs
Global banks held $367 billion in crypto assets under custody in Q2 last year, data from the Basel Committee on Banking Supervision showed.

What Banks Should Consider Before Diving Back Into Digital Assets
What we are seeing now is renewed interest in digital assets from banks across the board — from credit unions and community banks to midsize and regional players to Wall Street giants.

OCC Says Banks Can Engage in Crypto Custody and Certain Stablecoin Activities
OCC lifts approval and control requirements for banks engaging in cryptocurrency activities in new interpretive letter.

Ethereum’s New Cheerleader on Wall Street: A Q&A With Vivek Raman
Vivek Raman, the founder of Etherealize, spent 10 years on Wall Street. Now he's trying to market Ethereum to big banks.

U.S. Banking Should Ease Path for Crypto, Republican Taking Reins at FDIC Suggests
FDIC Vice Chairman Travis Hill is set to become acting chairman at the start of the next administration, and he's critical of the FDIC's digital assets stance.

Visa to Help Banks Issue Fiat-Backed Tokens on Ethereum Via New Tokenized Asset Platform
Visa's new Platform will enable the development of fiat-backed tokens powered by smart contracts.

