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US banks are ‘free to begin supporting Bitcoin’ — Michael Saylor


Bitcoin adoption among United States financial institutions could see a major boost after the US Federal Reserve withdrew its guidance discouraging banks from engaging with cryptocurrency.On April 24, the Fed withdrew its 2022 supervisory letter that served as guidance to deter banks from engaging...

Federal Reserve withdraws crypto guidance for banks


The US Federal Reserve has announced it would withdraw guidance for banks engaging in crypto asset and stablecoin-related activities.”The Board is rescinding its 2022 supervisory letter establishing an expectation that state member banks provide advance notification of planned or current...

Federal Reserve withdraws crypto-unfriendly banking guidance


The US Federal Reserve announced it is withdrawing guidance that served to deter banks from engaging in crypto and stablecoin activities.”The Board is rescinding its 2022 supervisory letter establishing an expectation that state member banks provide advance notification of planned or current...

SEC staff gives guidance on how securities laws could apply to crypto


US Securities and Exchange Commission staff have given guidance on how federal securities laws could apply to crypto, saying companies issuing or dealing with tokens that could be securities should give better details about their business.The SEC’s Division of Corporation Finance said in...

Hong Kong’s SFC Issues Staking Guidance for Crypto Exchanges and Funds


The Securities and Futures Commission (SFC) of Hong Kong has issued new regulatory guidance for licensed virtual asset trading platforms (VATPs) and SFC-authorized virtual asset funds (VA Funds) regarding the provision and engagement in staking services. Recognizing the potential benefits...

Stablecoin rules needed in US before crypto tax reform, experts say


United States cryptocurrency regulations need more clarity on stablecoins and banking relationships before lawmakers prioritize tax reform, according to industry leaders and legal experts.“In my view, tax isn’t necessarily the priority for upgrading US crypto regulation,”...

Stablecoin rules needed in US before crypto tax reform, experts say


United States cryptocurrency regulations need more clarity on stablecoins and banking relationships before lawmakers prioritize tax reform, according to industry leaders and legal experts.“In my view, tax isn’t necessarily the priority for upgrading US crypto regulation,”...

Stablecoin rules needed in US before crypto tax reform, experts say


United States cryptocurrency regulations need more clarity on stablecoins and banking relationships before lawmakers prioritize tax reform, according to industry leaders and legal experts.“In my view, tax isn’t necessarily the priority for upgrading US crypto regulation,”...

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