banking regulation

european parliament hemicycle
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.
european parliament hemicycle

European Parliament
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
European Parliament

CDCROP: Monetary Authority of Singapore MAS Building (Shutterstock)
Singapore Banks' Exposure to Bitcoin 'Insignificant' but Subject to Highest Risk Weight
Banks must hold $125 in capital against every $100 worth of bitcoin, a senior minister said.
CDCROP: Monetary Authority of Singapore MAS Building (Shutterstock)

CDCROP: Josh Lipsky, Senior Director GeoEconomics Center (atlanticcouncil.org)
Atlantic Council Director Sees 'Splintering' Financial System if US Falls Behind on CBDCs
Josh Lipsky, senior director of the Atlantic Council, joined “First Mover” to discuss how a U.S. CBDC could be a trendsetter for the rest of the world, once it gets beyond the research stage.
CDCROP: Josh Lipsky, Senior Director GeoEconomics Center (atlanticcouncil.org)

CDCROP: Bank Vault (Peter Dazeley/Getty Images)
‘Prohibitive’ Global Crypto Capital Norms Could ‘Derail’ Market, TradFi Groups Say
Banks want to see caps on bitcoin holdings increased fivefold under planned global standards
CDCROP: Bank Vault (Peter Dazeley/Getty Images)

Traders Work On The Floor Of The Chicago Board Options Exchange, As Federal Reserve Prepares To Make Interest Rate Announcement
Don’t Penalize Crypto in Banking Rules, Futures Industry Group Says
Planned capital requirements for bitcoin could undermine financial reforms and make it harder to curb risks, a group representing the futures industry is to tell the Basel Committee on Banking Supervision.
Traders Work On The Floor Of The Chicago Board Options Exchange, As Federal Reserve Prepares To Make Interest Rate Announcement

Abra CEO Bill Barhydt speaks during SALT 2022
Crypto Services Firm Abra 'in Process' of Forming US Bank
Abra expects its banking platform to launch in 2023.
Abra CEO Bill Barhydt speaks during SALT 2022

Acting OCC chief Michael Hsu (Jesse Hamilton for CoinDesk)
US Bank Watchdog Says He’s Not Budging on Crypto Distrust
Michael Hsu, acting chief of the Office of the Comptroller of the Currency, is sticking to his guns on keeping most crypto activity out of the U.S. banking system.
Acting OCC chief Michael Hsu (Jesse Hamilton for CoinDesk)

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EU Lawmakers Seek to Cap Banks’ Bitcoin Holdings
Lawmakers of the European Green Party want to anticipate international standards by legislating hefty capital requirements for lenders now.
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Federal Reserve building in Washington, D.C. (Anna Moneymaker/Getty Images)
US Fed Reminds Banks to Check for Legal Permissibility Before Offering Crypto-Related Services
The Federal Reserve's open letter directs banks to contact their supervisor at the central bank prior to engaging with crypto.
Federal Reserve building in Washington, D.C. (Anna Moneymaker/Getty Images)