A recent report highlights concerns about the regulatory actions impacting cryptocurrency companies. The report suggests a ‘Choke Point’-style crackdown, where lack of clarity in regulations has led to […]
JPMorgan Chase Closures Spark Concern in Crypto World: How Will Exchanges Adapt?
A sudden move by JPMorgan Chase, a major bank, to close the corporate account of cryptocurrency exchange ShapeShift has sent shockwaves through the industry. This action raises critical […]
Senator Lummis Raises Concerns Over JPMorgan’s Account Closure of Crypto Advocate
JPMorgan Chase has closed the accounts of Jack Mallers, CEO of Strike and prominent Bitcoin advocate, raising concerns about potential de-banking pressure on the cryptocurrency industry. Senator Cynthia […]
OCC Clears Path for Banks to Use Crypto for Blockchain Fees
The U.S. Office of the Comptroller of the Currency (OCC) has issued a significant clarification, allowing banks to utilize cryptocurrencies for paying blockchain network fees on approved banking […]
OCC Clears the Path: Banks Can Now Hold Crypto for Transaction Fees
A major regulatory shift has been introduced by the Office of the Comptroller of Currency (OCC) that allows U.S. national banks to hold cryptocurrency on their balance sheets, […]
OCC Clears Path for Banks to Hold Cryptocurrency, Signaling Potential Boost for Digital Assets
The U.S. Office of the Comptroller of Currency (OCC) has released new policy guidance allowing national banks to hold cryptocurrencies, a move that could significantly impact the industry’s […]
US Leads Global Push to Revise Bank Crypto Standards Ahead of 2026 Deadline
The United States is taking the lead in a global effort to redefine banking regulations around cryptocurrency, aiming for changes before the deadline set for 2026. The push […]
Custodia Bank Loses Appeal to Access Fed System
The 10th Circuit Court of Appeals ruled in favor of the Federal Reserve, rejecting Custodia Bank’s appeal for access to a master account and impacting its ability to […]
Basel Committee Weighs Relaxing Crypto Rules, Potential for Increased Integration with Finance
The Basel Committee on Banking Supervision (BCBS) is considering a major shift in its approach to cryptocurrency regulations. This potential change comes after the explosive growth of stablecoins […]
Global Policymakers Consider Re-evaluation of Crypto Asset Standards as Stablecoin Usage Increases
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 […]