Silvergate’s existential crisis may give regulators the ammunition they need to keep crypto and mainstream banking separate. As reported here, Silvergate Capital said in a U.S. Securities...
Three U.S. agencies said that banks must be wary of the risks of crypto-assets. In a joint statement released Tuesday (Jan. 3), the organizations —...
Crypto assets are an emerging risk facing banks, a regulatory agency says. The Office of the Comptroller of the Currency (OCC) highlighted crypto-assets as a “special topic”...
Two senators are asking regulators about links between banks and cryptocurrency firms. In letters sent Wednesday (Dec. 7) to the heads of the Federal Reserve...
A cautious approach to cryptocurrencies has proven to be the right course for banks, and consumers would be wise to adopt a similar approach in...
Noting the rapidly changing banking landscape, the Office of the Comptroller of the Currency (OCC) has announced it will establish an Office of Financial Technology...
The merger of San Francisco-based MUFG Union Bank, National Association into U.S. Bank, National Association has been conditionally approved by the Office of the Comptroller...
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...
Months of turbulence in the cryptocurrency industry have made it clear that financial regulators must be cautious about how they allow crypto and the traditional...