banks
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Regulation
Basel Committee releases final disclosure framework for banks’ crypto exposures
The Basel Committee on Banking Supervision has officially released its final disclosure framework for banks’ crypto exposures and made targeted…
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Regulation
SEC reportedly accepts SAB 121 exceptions to crypto accounting rules for banks and brokerages
The US Securities and Exchange Commission (SEC) has reportedly accepted a proposal with exceptions for certain institutions affected by the…
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Regulation
Bahamas to provide CBDC access via commercial banks
The Bahamas will provide access to its central bank digital currency (CDBC) the “Sand Dollar” through commercial banks to increase…
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Regulation
Big Banks Would Survive $685,000,000,000 Financial Disaster Despite Lenders’ Riskier Balance Sheets: Federal Reserve
A year after three of the largest bank failures in US history, the Federal Reserve says America’s banking giants have…
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Regulation
94% of Central Banks Are Exploring CBDCs, According to New Bank for International Settlements Survey
A new survey from the Bank for International Settlements (BIS) suggests that most central banks are now exploring the possibility…
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Regulation
JPMorgan Chase Paying $448,000,000 Fine To US Regulators for Failing To Monitor Billions of Transactions on Bank’s Global Trading Venues
JPMorgan Chase will pay a total of $448 billion to US regulators for failing to monitor potential market misconduct on…
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Regulation
World Economic Forum Says 98% of Central Banks Are Preparing To Launch CBDCs As Finance Enters ‘Next Phase’
More than 98% of the world’s central banks are “researching, experimenting, piloting or deploying” central bank digital currencies (CBDCs), according…
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Blockchain
Banks like Citi adopt blockchain and tokenization in private markets
In collaboration with Wellington and WisdomTree, Citigroup Inc. conducted a simulation regarding the tokenization of private funds in blockchain wagering.…
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Blockchain
Japanese Banks Adopt IBC for Stablecoin Cross-Chain Transfers
Baar, Switzerland — TOKI, a leading provider of IBC-enabled cross-chain infrastructure, has made history by facilitating the first-ever cross-chain transfer…
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Regulation
Hungary issues draft law allowing banks to offer crypto services
Hungary is advancing a legislative proposal that would enable banks, investment funds, and asset managers to offer services in Bitcoin…
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