Stablecoins, with their rapid growth, may prompt a reevaluation of banking capital standards for crypto assets by global policymakers, according to the chair of the Basel Committee on […]
Ripple CEO Demands Equal Access to Banking System: Challenging Wall Street’s Resistance
Brad Garlinghouse, CEO of Ripple Labs, has directly confronted the resistance from Wall Street banking lobbyists against integrating cryptocurrency companies into traditional financial systems. This clash highlights growing […]
Russia’s Central Bank Approves Cryptocurrency Operations with Stringent Regulations
Russia’s Central Bank (CBR) is set to allow banks to engage in cryptocurrency activities, though these will be tightly regulated. Vladimir Chistyukhin, First Deputy Governor of the CBR, […]
Armenia Enforces New Crypto Regulations for Banks
Armenia’s Central Bank has implemented new regulations requiring banks to adhere to stricter risk management standards when offering cryptocurrency services. This move, aiming to bolster investor protection and […]
Alabama Senator Warns GENIUS Act Could Harm Small Banks
Alabama Senator Keith Kelley is raising concerns about the potential impact of the GENIUS Act, an act that could negatively affect small banks by creating regulatory loopholes for […]
US Office of Comptroller of Currency Proposes Expanded Cryptocurrency Involvement for Banks
Jonathan Gould, Chairman of the US Office of the Comptroller of Currency (OCC), has advocated for increased banking participation in the cryptocurrency sector. Speaking at a Washington event […]
U.S. Banks Gain Freedom to Serve Crypto Sector
The Federal Reserve has significantly eased regulations for banks, allowing them to offer services in the cryptocurrency industry. This policy change marks a significant shift and signals increased […]
U.S. Banks Seek Changes to GENIUS Stablecoin Act over Regulatory Concerns
Major banking groups in the United States are pressuring lawmakers to adjust certain aspects of the recently enacted GENIUS stablecoin legislation, citing it as a potential threat to […]
U.S. Banks Raise Concerns Over Stablecoin Regulation Changes
The U.S. banking industry is raising concerns about potential loopholes in the newly implemented stablecoin regulations, fearing significant financial outflows. According to BlockBeats, major banking organizations like the […]
FED’s Bowman Highlights Regulatory Shifts Regarding Crypto and Banks
Fed Board Member Michelle Bowman has announced significant changes in banking regulations, highlighting a shift in approach to cryptocurrency oversight. Bowman emphasized that banks should no longer discriminate […]
Federal Reserve Drops Crypto Supervision Program, Shifting Oversight to General Banking Regimes
The Federal Reserve will end its specialized crypto supervision initiative, integrating oversight into its broader banking regulations. The program concludes on August 15, 2025, marking a shift in […]
Federal Reserve Drops Crypto Scrutiny for Banks
The U.S. Federal Reserve has ended its Novel Activities Supervision Program, putting an end to enhanced scrutiny of banks’ cryptocurrency activities. Starting August 2025, banks will once again […]
Basel Committee’s Capital Rules Criticized for Hinders Crypto Industry Growth
The Basel Committee on Banking Supervision (BCBS)’s new capital requirements are being seen as a significant hurdle to the growth of the cryptocurrency industry. Chris Perkins, president of […]
Federal Reserve Ends Crypto Supervision, Empowering Banks for Increased Involvement in the Digital Currency Market
The Federal Reserve has significantly altered its regulatory approach towards cryptocurrency by ending its Novel Activities Supervision Program. This program, which began in 2023, aimed to monitor crypto-related […]
Fed Ends Crypto Bank Oversight, Simplifies Banking for Digital Assets
The Federal Reserve has eliminated its specialized crypto bank oversight program, integrating crypto services into standard banking supervision across the US. This move marks a significant shift in […]