Banking Regulation

Figure Technologies CEO Mike Cagney (courtesy of Figure Technologies)
Figure Abandons Quest to be U.S. Chartered Crypto Bank After Three-Year Fight
Anchorage Digital stands alone as the only OCC-chartered crypto bank after other efforts have fizzled out or been withdrawn.
Figure Technologies CEO Mike Cagney (courtesy of Figure Technologies)

Canada has unveiled new bank-capital plans for crypto (Pixabay)
Canada Unveils New Bank Capital Rules for Crypto Holdings
New rules for banks and insurers are based on international norms, regulators said.
Canada has unveiled new bank-capital plans for crypto (Pixabay)

EU lawmakers agreed new rules for banks with crypto (Pixabay)
EU Seals Deal on Crypto Bank-Capital Rules
Lawmakers have previously favored ‘prohibitive’ capital requirements to keep unbacked crypto assets out of the banking system
EU lawmakers agreed new rules for banks with crypto (Pixabay)

New EU rules could control banks' access to crypto (Leonhard Niederwimmer/ Pixabay
EU Governments Friendly to Tough Crypto Bank-Capital Restrictions, Negotiator Says
The move could mean assets such as bitcoin (BTC) and ether (ETH) are given the maximum possible risk weight as part of a lengthy set of banking laws, which could be agreed as...
New EU rules could control banks' access to crypto (Leonhard Niederwimmer/ Pixabay

The EU is set to agree new crypto tax laws (Ralph/Pixabay)
EU Banks Could Access Stablecoins More Easily Under Leaked Plans
The European Commission's plans could moderate a push from Parliament to discourage crypto holdings as it debates new capital requirements for banks.
The EU is set to agree new crypto tax laws (Ralph/Pixabay)

Firms are subject to the whims of the bank account providers and end up dedicating resources to opening bank accounts. (Unsplash)
Even Licensed Firms Say Opening Bank Accounts Is Hard in Hong Kong
Hong Kong has said it wants to be a crypto hub but its banks are rejecting account opening applications.
Firms are subject to the whims of the bank account providers and end up dedicating resources to opening bank accounts. (Unsplash)

Hong Kong (Ruslan Bardash/Unsplash)
Hong Kong Regulator Reminds Local Banks There Is No Ban on Crypto Firms
Crypto companies have complained that opening bank accounts in the jurisdiction is difficult.
Hong Kong (Ruslan Bardash/Unsplash)

Pablo Hernandez de Cos (right) with the King of Spain (Samuel de Roman/Getty Images)
Crypto Banking Rules Could Be Modified if Market Reacts, Basel Committee Chair Says
Controversial rules unveiled last year would discourage banks from holding assets such as bitcoin that are deemed risky
Pablo Hernandez de Cos (right) with the King of Spain (Samuel de Roman/Getty Images)

(Spencer Platt/Getty Images)
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)

(Spencer Platt/Getty Images)
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)