‘Turning the page’: FDIC says banks can engage in crypto-related activities

2025-3-28 20:53

The Federal Deposit Insurance Corporation has issued new guidance allowing FDIC-supervised institutions to engage in permissible crypto-related activities without prior agency approval.  This marks a reversal from previous policies that were seen as restrictive toward banks working with crypto firms.… origin »

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crypto-related activities banks engage previous policies reversal

crypto-related activities → Результатов: 93


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OCC gives green light for banks to custody digital assets

The Office of the Comptroller of the Currency (OCC), the US regulatory body responsible for overseeing national banks, issued a significant clarification on Friday regarding crypto activities. The OCC announced that banks are now permitted to engage in certain crypto-related operations without seeking prior regulatory approval, giving the green light for banks to custody digital […] The post OCC gives green light for banks to custody digital assets appeared first on CryptoSlate.

2025-3-9 18:45


В 2024 году злоумышленники принесли криптоиндустрии свыше $3 млрд убытков

За 2024 год ущерб от действий злоумышленников в криптоиндустрии превысил $3,01 млрд. Об этом сообщают аналитики PeckShield. #PeckShieldAlert 2024 has witnessed a significant resurgence in crypto-related hacking activities.

2025-1-11 19:09


Are Crypto Banks In Danger? FDIC ‘Pause Letters’ Spark Fears Of Operation Chokepoint 2.0

A cryptocurrency exchange accused the US government of undermining the cryptocurrency sector orchestrating a campaign against digital currencies. Coinbase revealed that the US Federal Deposit Insurance Corporation (FDIC) has been employing tactics to dissuade financial institutions from engaging in crypto-related activities.

2024-11-3 01:00


US Fed Reminds Banks to Check for Legal Permissibility Before Offering Crypto-Related Services

The Federal Reserve published an open letter Tuesday, signed by Director of Supervision and Regulation Michael Gibson and Director of Consumer and Community Affairs Eric Belsky, directing Fed-supervised banks to make sure they check that any crypto-related activities they want to undertake are legally allowed first.

2022-8-17 21:54


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Sri Lanka’s Central Bank Warns The Public Against Crypto Purchases Despite The Economic Crisis

The Central Bank of Sri Lanka has warned the public against engaging in crypto-related activities citing the lack of regulations and accompanying risks. For the third time in less than three years, the bank stated on Tuesday that it had not issued any license or authorization to any firm to operate schemes involving Bitcoin or […]

2022-7-19 00:11


Chinese citizens are showing more interest in Web 3.0

Over the past few years, the Chinese government declared a full-fledged war on the crypto industry, barring its citizens from carrying out either trading activities or mining digital assets.  While this action has led to the demise of many crypto-related firms in the country, interest in the industry appears unaffected as a recent tweet from […] The post Chinese citizens are showing more interest in Web 3.0 appeared first on CryptoSlate.

2021-12-14 16:29


China Completely Blacklists Crypto Mining, Adds It To The “Negative List For Market Access”

China’s authoritarian government has fixed its sights firmly on cutting all access to cryptocurrency-related activities in the country. Regulators in China banned cryptocurrency trading and mining this year, with the country’s central bank reiterating the ban by announcing that all crypto-related business dealings were now “illegal” late last month prompting cryptocurrency businesses to begin to […]

2021-10-13 14:50


China Ban: TradingView & Data Sites Inaccessible, Alibaba Stops Miners & Crypto Sales, “Complete Shutdown” for SparkPool Users

Popular cryptocurrency market data sites CoinGecko and CoinMarketCap are not accessible for users in mainland China after the Peoples Bank of China reiterated that crypto-related business activities are “illegal,” which also covered overseas exchanges offering their services to Chinese residents through the Internet.

2021-9-28 15:43


China Calls All Crypto Transactions Illegal, Bitcoin Drops $4k In Response

China’s central bank has announced that all crypto-related transactions and services are now illegal. In response, Bitcoin drops down to $41k from $45k. China Announces All Crypto Transactions And Activities Are Illegal As per a report from Bloomberg, China has intensified its crackdown on crypto and Bitcoin as the nation’s central bank says all digital […]

2021-9-25 15:04


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China Shuts Down Software Maker Over Suspected Crypto-Related Activity, Issues Industry-Wide Warning

The People’s Bank of China (PBOC), the country’s central bank, has shut down a software firm over suspected involvement in cryptocurrency transactions. The central bank also warned organizations not to “provide premises, commercial display, advertising … and other services for cryptocurrency-related business activities.

2021-7-7 06:30


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Hainan Province Warns Investors Against Illegal Crypto Fundraising Schemes

Chinese regulators in the Hainan province have warned residents not to involve themselves in cryptocurrency-related fundraising activities, as they are illegal in the island province.  Hainan Cautions Against Illegal Crypto-Related Fundraising Activities According to Reuters on Thursday (June 3, 2021), a report by Nanguo Metropolis Daily stated that the local branch of China’s central bank,Read More

2021-6-6 19:00