OCC’s Hsu: Bank-fintech partnerships ‘here to stay’, while crypto-hogging ‘brain space’
WASHINGTON, Oct 13 (Reuters) – A top U.S. banking regulator said his caution about banks working with fintechs is not meant to stifle those arrangements, but...
Tagged: CRYCUR
Banks Should Manage Increased Risk From Deposits From Crypto Firms – Fed’s Barr
Oct 12 (Reuters) – Banks that accept deposits from cryptocurrency companies should be aware of increased liquidity risk, especially if firms are heavily interconnected with other...
Shades of Gray Says US SEC Set Bar Too High for Bitcoin Funds
Oct 11 (Reuters) – Grayscale Investments said in a court filing on Tuesday that the U.S. Securities and Exchange Commission set the bar too high for...
Regulators propose first global rules before ‘crypto winter’ thaws
LONDON, Oct 11 (Reuters) – Crypto asset companies should set aside capital like banks when they carry out similar activities, regulators suggested on Tuesday in their...
Cryptoverse: Hack jitters push bitcoin investors back to the future
Oct 11 (Reuters) – Being a crypto investor is not easy. They have seen the value of their holdings drop like a brick this year, and...
Crypto giant Coinbase gets Singapore license
SINGAPORE, Oct 11 (Reuters) – Coinbase, the largest crypto exchange in the United States, said it has received approval from Singapore’s central bank to offer payment...
EU crypto rules set to limit dollar-pegged stablecoins
LONDON, Oct 7 (Reuters) – EU rules to regulate cryptoassets will dampen the market share of non-euro stablecoins from 2024, potentially limiting EU competitiveness, industry representatives...
Binance-linked blockchain hit by $570 million crypto hack, Binance says
LONDON, Oct 7 (Reuters) – A blockchain linked to Binance, the world’s largest crypto exchange, has been hit by a $570 million hack, a Binance spokesperson...
MENA emerges as the world’s fastest growing crypto adopter study
DUBAI, Oct 5 (Reuters) – The Middle East and North Africa are the world’s fastest-growing cryptocurrency markets, with the volume of crypto received in the region...
Cryptoverse: Trading Names in an Astounding Crypto-Crazy
Oct 4 (Reuters) – A new NFT trading craze where names are bought and sold for eye-watering sums is providing a multimillion-dollar lifeline for speculators shivering...