Search

Nalezeno "Banks": 3176

States sue the OCC and Brian Brooks for overriding their controls on predatory lending

5.1.2021
More state regulators are gunning for the OCC and Brian Brooks, this time over usury laws and predatory lending

Most Important Crypto Regulation Yet? Banks Can Treat Public Blockchains Like SWIFT and ACH

5.1.2021
A new interpretive letter from the Office of the Comptroller of the Currency paves the way for stablecoins and public blockchains to be fully integrated in the financial infrastructure

Top US Banking Regulator: Banks Are Authorized to Use Public Blockchains and Stablecoins for Payment Activities

5.1.2021
The top banking regulator in the U.S. has announced that national banks and savings associations in the country can use public blockchains and stablecoins for payment activities. Experts say this is good for bitcoin and its importance should not be understated. Banks Can Use Public Blockchains...

LCX Exchange Gets Licensed in Liechtenstein to Help Banks Create Their Own Digital Assets

5.1.2021
LCX has been granted eight out of the 11 crypto-related licenses in Liechtenstein

Chilean Court Orders Two Major Banks to Keep Open Checking Accounts of Crypto Exchange Buda

5.1.2021
Chile’s Free Competition Defense Court (TDLC) ruled in favor of the Latin American cryptocurrency exchange Bud after their checking accounts were closed by two major banks in the midst of a lawsuit related to a Ponzi scheme unrelated to the exchange. Chilean Court Rejected Petitions From...

The US Dollar’s Share of Global Reserve Currencies Drops as Japanese Yen’s Share Increases

5.1.2021
The U.S. dollar’s dominant position as the reserve currency of choice may be in peril, as its share of global currencies held in reserves continues to decline. International Monetary Fund (IMF) data shows, the dollar’s share of reserves dropped from 66% in Q3 of 2014 to just above...

Crypto Markets Jump on OCC Approval for Banks to Use Blockchains

5.1.2021
The price of bitcoin and native tokens for other stablecoin-supporting blockchains jumped after the OCC approved banks to use public blockchains

US Federal Regulator Says Banks Can Conduct Payments Using Stablecoins

5.1.2021
Banks can act as nodes on a blockchain or conduct payments using stablecoins, the OCC said Monday

OCC greenlights national banks to run nodes and stablecoin networks

5.1.2021
The latest from the Treasury's most crypto-forward office says that national banks don't have to fear stablecoin nodes

What Might Change The Currency Composition of Central Banks’ Reserve Holdings?

4.1.2021
Alina Iancu, Neil Meads, and Yiqun Wu work at the International Monetary Fund (IMF)’s Strategy, Policy, and Review Department, while Martin Mühleisen is the former director of this department. _____ The currencies that are being held by central banks as foreign exchange reserves have remained...

The US has already lost the 2020 crypto regulation race to Europe

31.12.2020
When it comes to crypto regulation, the United States is falling further behind more progressive and visionary nations

Physical Crypto Bank Opens in India — These 14 Locations Offer In-Person Banking, Lending, Crypto Exchange

30.12.2020
A crypto bank has begun opening physical branches in India through a joint venture between Cashaa and United Multistate co-op society. Customers can open bank accounts, buy and sell cryptocurrencies, obtain crypto-backed loans, as well as learn about crypto. Crypto Bank Opens Physical Branches...

$200 Billion in Fines: Mega Banks Rack up Penalties From Illegal Activities

28.12.2020
Top U.S. banks have racked up almost $200 billion in fines and penalties over the past 20 years from illegal activities in 395 major legal cases. Bank of America tops the list, followed by JPMorgan, Citigroup, and Wells Fargo, according to a new report, which also covers Morgan Stanley and Goldman...

Biden Administration May Roll Back Some Crypto Regulations, Top Banking Regulator Warns

26.12.2020
The top U.S. banking regulator is concerned that the Biden administration may roll back some cryptocurrency regulations aimed at protecting consumers. This includes allowing national banks to custody crypto assets put in place during the Trump administration. Biden Administration Could Change...

Central Banks Gone Wild! Feat. Bill Barhydt

26.12.2020
The founder of mobile crypto bank Abra discusses the massive expansion of global central bank balance sheets

Snowden Puzzled by Bitcoin’s Lack of Scaling and Privacy, Says Devs ‘Had Years to Do It’

25.12.2020
Just recently, the film producer and well known Youtuber, Naomi Brockwell, sat down with Edward Snowden and the two discussed a number of subjects including privacy and bitcoin. When Snowden talked about bitcoin, he delved into the protocol’s lack of progressive scaling and privacy....