A deal on new banking laws may be imminent, and will likely treat lenders’ crypto holdings as highly risky.
The European Commission's plans could moderate a push from Parliament to discourage crypto holdings as it debates new capital requirements for bank
The European Commission's plans could moderate a push from Parliament to discourage crypto holdings as it debates new capital requirements for bank
Hong Kong has said it wants to be a crypto hub but its banks are rejecting account opening applications
Hong Kong has said it wants to be a crypto hub but its banks are rejecting account opening applications
Crypto companies have complained that opening bank accounts in the jurisdiction is difficult.
Crypto companies have complained that opening bank accounts in the jurisdiction is difficult.
Controversial rules unveiled last year would discourage banks from holding assets such as bitcoin that are deemed risky
Controversial rules unveiled last year would discourage banks from holding assets such as bitcoin that are deemed risky
Banking enforcement targeting legal crypto businesses appears to violate the FDIC's mandate. It may also be amplifying financial contagion.
