The Texas Senate Banking Committee unanimously approved a bill on Feb. 27 to create a state-managed Bitcoin (BTC) and crypto reserve, sending …
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Tag:
Banking
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Regulation
TradFi Industry Asks David Sacks To Include Federal Banking Agencies in President’s Working Group on Crypto
by shayaanby shayaanA network of groups representing the American financial industry is calling on the White House’s crypto czar David Sacks to include federal …
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Regulation
Senate Banking Committee Schedules Crypto Hearing Next Week To Discuss ‘Bipartisan Legislative Frameworks’
by shayaanby shayaanThe Senate Committee on Banking, Housing and Urban Affairs has scheduled a crypto hearing next Wednesday to explore “bipartisan legislative frameworks” for …
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The Czech Republic officially enacted a new cryptocurrency law that simplifies tax rules and brings the country in line with the European …
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Adoption
French banking giant SocGen’s unit to expand its euro-backed stablecoin to Stellar
by shayaanby shayaanFrench lender Societe Generale’s unit SG-FORGE launched its euro-backed stablecoin, EUR CoinVertible (EURCV), on the Stellar blockchain, expanding its multichain strategy and …
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Analysis
Banking Giant JPMorgan Chase Holds $1,016,728 in Bitcoin and Ethereum ETFs, According to New SEC Filing
by shayaanby shayaanFinancial Services titan JPMorgan Chase is holding over $1 million worth of shares in Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs). …
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Regulation
Singapore regulator, banking association to set up new payments entity
by shayaanby shayaanSINGAPORE, Feb 12 (Reuters) – Singapore’s financial regulator and the Association of Banks in Singapore (ABS) said on Wednesday they will set …
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Regulation
FDIC to update crypto banking guidelines, releases documents on pause letters
by shayaanby shayaanThe Federal Deposit Insurance Corporation (FDIC) is preparing to revise its guidelines for banks engaging in crypto-related activities, Barrons reported on Feb. …
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Regulation
Cynthia Lummis nominated to lead new Senate Banking Subcommittee on Digital Assets
by shayaanby shayaanSenator Cynthia Lummis (R-Wyo.) has been named the first chair of the newly established Senate Banking Subcommittee on Digital Assets, according to …
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The U.S. Senate Committee on Banking, Housing, and Urban Affairs is set to vote on the approval of chair and members for …