The Office of the Comptroller of the Currency (OCC) has issued new guidance allowing U.S. banks to buy, sell, and manage crypto assets under their custody. This marks […]
US Banks Gain Freedom to Offer Crypto Services
The US Federal Reserve has removed a long-standing requirement for banks to seek approval before engaging in crypto activities. The move signifies the end of ‘Operation Choke Point […]
Federal Reserve Lifts Crypto Restrictions for Banks
The Federal Reserve has lifted restrictions on banks’ involvement with cryptocurrencies, signaling a shift towards greater innovation and adoption within the financial sector. This change follows the departure […]
Treasury Weighs Potential Banking Rule Changes Amid Bond Market Volatility
The US Treasury Department is actively exploring potential changes to banking regulations in response to recent market turbulence. This follows a substantial drop in US Treasury bonds last […]
Anchorage Bank Investigated by DHS: What Led to Regulatory Scrutiny?
Anchorage Digital, a prominent cryptocurrency bank valued at over $3 billion, has become the target of an investigation by the Department of Homeland Security. This sudden scrutiny marks […]
Trump Administration Simplifies Banking for Cryptocurrency Firms
The Trump administration is taking steps to ease financial hurdles faced by cryptocurrency businesses in the US. Recent communications from U.S. banking regulators, including the Office of the […]