Crypto Assets

Amendments Seek to Ensure UK Finance Bill Unambiguous on Crypto Assets
Amendments Seek to Ensure UK Finance Bill Unambiguous on Crypto Assets
October 21, 2022  |  Regulation

The Financial Services and Markets Bill is the centerpiece of the U.K. government’s post-Brexit regulatory architecture for financial services. Get the Full Story Complete the...

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Crypto, Bank Overlap a Focus of DC FinTech Week
Crypto, Bank Overlap a Focus of DC FinTech Week
October 14, 2022  |  Cryptocurrency

Crypto’s recent volatility has shone a spotlight on the risks digital assets can pose for banks, according to Michael Barr, vice chair for supervision of...

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Regulation and Readiness Will Go Hand in Hand for European Banks in 2023
Regulation and Readiness Will Go Hand in Hand for European Banks in 2023
October 07, 2022  |  Bank Regulation

In its recently published work plan for 2023, the European Banking Authority (EBA) signals how the European Union’s banking sector intends to adapt to new...

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Treasury Crypto Reports Long on Detail, Short on Urgency
Treasury Crypto Reports Long on Detail, Short on Urgency
September 16, 2022  |  Cryptocurrency

Anyone expecting the blueprints for legislation to regulate cryptocurrencies from the three reports the Treasury Department released Friday (Sept. 16) will be sorely disappointed. Get...

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Report: SEC Accounting Guidance Creates Hurdle for Banks’ Crypto Plans
Report: SEC Accounting Guidance Creates Hurdle for Banks’ Crypto Plans
September 16, 2022  |  Regulation

Despite demand from an increasing number of their clients for cryptocurrency products and services, many banks are reportedly holding back on offering them because accounting...

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SEC to Form Office for Filings Involving Crypto Assets
SEC to Form Office for Filings Involving Crypto Assets
September 11, 2022  |  Regulation

The U.S. Securities and Exchange Commission (SEC) will add offices to its Division of Corporate Finance’s Disclosure Review Program (DRP), including an Office of Crypto...

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Inside the Push to Draft Globally Consistent Stablecoin Regulation
Inside the Push to Draft Globally Consistent Stablecoin Regulation
August 25, 2022  |  Cryptocurrency

Whatever shape countries’ stablecoin regulations finally take will be heavily influenced by several influential international financial organizations that have been encouraging countries to do two...

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DOJ Calls for International Cooperation to Fight Crypto Crime
DOJ Calls for International Cooperation to Fight Crypto Crime
June 08, 2022  |  Security & Fraud

The Department of Justice (DOJ) released a report Monday (June 6) that urged the U.S. to strengthen its coordination with other nations to investigate and...

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Yellen: Terra’s Fall Shows Stablecoin Dangers
Yellen: Terra’s Fall Shows Stablecoin Dangers
May 12, 2022  |  Cryptocurrency

U.S. Treasury Secretary Janet Yellen on Thursday (May 12) called for new regulations on stablecoins, citing the dramatic fall of the Terra token. Get the...

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