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 […]
Federal Reserve Ends Program Increasing Scrutiny on Cryptocurrencies
The Federal Reserve has announced the end of its program that enhanced scrutiny on cryptocurrency activities within banks. This move marks a shift towards a more traditional approach […]
Federal Reserve Ends Oversight of New Banking Activities
The Federal Reserve Board announced on Friday it is ending its ‘New Activities’ oversight program for banks’ new business ventures. This decision returns to standard regulatory procedures in […]
Crypto Leaders Urge Trump to Block Fees for Bank Data
Over 80 executives in the crypto and fintech industry have written a letter urging President Trump to prohibit banks from charging fees for customer data access in the […]
Eric Trump Embraces Cryptocurrency After Bank Account Closures
Recent banking closures affecting prominent figures like Eric Trump highlight a growing concern about politically motivated de-banking practices, leading him to explore cryptocurrency as an alternative. Trump’s accounts […]
Banks Urge Action on GENIUS Act Stablecoin loophole, Warning of Deposit Drain
Leading U.S. banking groups have issued a call for Congress to tighten regulations surrounding stablecoins. They warn that the new GENIUS Act has created an unintentional loophole that […]
US Banking Groups Call for Stablecoin Yield Loophole Closure
Several prominent US banking organizations, including the Bank Policy Institute (BPI), have urged regulators to close a loophole within the new GENIUS Act that could allow stablecoin issuers […]
Michelle Bowman Confirmed as Federal Reserve Vice Chair for Supervision
Michelle Bowman has been officially confirmed as the Vice Chair for Supervision at the U.S. Federal Reserve. This appointment marks a crucial turning point in the central bank’s […]