Nomura Holdings, Japan’s largest investment bank and brokerage firm, has stepped up risk management in its crypto business following losses in Europe …
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Tag:
Banking
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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 …
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Regulation
Bank of America CEO Says US Banking Industry To Jump Into Crypto Payments if Regulators Give Green Light: Report
by shayaanby shayaanBank of America CEO Brian Moynihan says US banks will start providing crypto payment services if federal regulators ever approve it. In …
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Regulation
US Banking Regulator FDIC Hits Bank With $20,448,000 Penalty – About a Quarter of the Lender’s Total Assets
by shayaanby shayaanThe Federal Deposit Insurance Corporation (FDIC) is penalizing a Weir, Kansas-based bank with a monetary fine equal to over a quarter of …
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Regulation
Tim Scott Announces Banking Committee Priorities for 119th Congress
by shayaanby shayaanIn a latest development, Tim Scott Announces Banking Committee Priorities for the 119th Congress. On January 15, 2025, Chairman Tim Scott announced …
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Regulation
Pro-crypto advocate Ammon Simon appointed chief counsel to Senate Banking Committee
by shayaanby shayaanKey Takeaways Ammon Simon has been appointed Chief Counsel for the US Senate Committee on Banking, Housing, and Urban Affairs. Simon’s appointment …
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Regulation
Banking Giant Standard Chartered Secures Greenlight To Offer Crypto Custody Services in the European Union
by shayaanby shayaanStandard Chartered is opening a new entity in Luxembourg after obtaining approval to offer digital asset custody services in the European Union. …
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DZ Bank has launched a platform for managing crypto securities, aiming to streamline capital market processes using blockchain technology. Collaboration with Ripple …