Crypto Assets

Amendments Seek to Ensure UK Finance Bill Unambiguous on 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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