banking regulation

In Basel, Switzerland, regulators are hoping to decide how banks can interact with crypto such as bitcoin (trabantos/Getty Images)
Banks’ Bitcoin Holdings Should Be Capped, Basel Committee Proposes
Holdings of unbacked crypto like bitcoin and algorithmic stablecoins would be limited to 1% of a lender’s capital under the standard setter's new plans put out for consultation Thursday.
In Basel, Switzerland, regulators are hoping to decide how banks can interact with crypto such as bitcoin (trabantos/Getty Images)

Acting OCC chief Michael Hsu (Jesse Hamilton for CoinDesk)
US Banking Watchdog Says Crypto Turmoil Reinforces Cautious Approach
Acting Comptroller of the Currency Michael Hsu says the industry’s recent drama makes his agency more confident about limiting banks’ exposure to crypto.
Acting OCC chief Michael Hsu (Jesse Hamilton for CoinDesk)

Custodia founder and CEO Caitlin Long (CoinDesk archives)
Crypto Bank Custodia Sues Federal Reserve
The bank founded by Morgan Stanley veteran Caitlin Long filed suit against the U.S. central bank for delaying a decision on its application for a master account.
Custodia founder and CEO Caitlin Long (CoinDesk archives)

View of Basel City Center with Basel Minster from the Rheine River.
Crypto Banking Rules Now Due This Year From Basel Committee
The group cited recent turmoil in pushing ahead with its plans, which previously saw opposition from major lenders like JPMorgan Chase.
View of Basel City Center with Basel Minster from the Rheine River.

Central Bank of Argentina. (Shutterstock)
Argentina's Central Bank Bans Lenders From Offering Crypto Services
The announcement on Thursday afternoon comes after the IMF last month approved a $45B loan facility for Argentina that stipulated the country would discourage the use of cryptocurrencies.
Central Bank of Argentina. (Shutterstock)

(HarriesAD/Getty Images)
Banks Don’t Need Extra Crypto Protections Yet, EU Regulator Says
The European Banking Authority said it will start work this year to map out crypto activities and spot new financial risks.
(HarriesAD/Getty Images)

(erin mckenna/Unsplash)
Monetary Weapons: 4 Lessons from Canada and Russia
The traditional financial system is a tool that can be used both against fellow citizens and despicable enemies.
(erin mckenna/Unsplash)

A sign displays forex rates to the ruble at an exchange bureau in Moscow on Monday. (Getty Images)
Bitcoiners Were Right: Weaponized Finance Just Created a Post-Dollar Planet
A wave of sanctions hitting Russia highlights the complex web of connections that make up contemporary global society – and its ultimate fragility.
A sign displays forex rates to the ruble at an exchange bureau in Moscow on Monday. (Getty Images)

Acting FDIC Chair Martin Gruenberg (Andrew Harrer/Bloomberg via Getty Images)
New FDIC Acting Chair Says Evaluation of Crypto Risks Is a Top Priority for 2022
Martin Gruenberg said agencies like the FDIC need to provide “robust guidance” to the banking industry on how to manage the risks to consumers posed by crypto assets.
Acting FDIC Chair Martin Gruenberg (Andrew Harrer/Bloomberg via Getty Images)

Bank of International Settlements. (Shutterstock)
Basel Committee to Review Proposed Capital Requirements for Banks With Crypto Assets
The banking regulator plans to issue a new consultative document in 2022.
Bank of International Settlements. (Shutterstock)