The U.S. Securities and Exchange Commission (SEC) has revised its controversial Staff Accounting Bulletin No. 121 (SAB 121), days after the agency …
Banks
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Regulation
Taiwanese Financial Regulator To Propose Law That Would Enable Banks To Issue Stablecoins: Report
by shayaanby shayaanThe independent government agency regulating Taiwan’s financial markets will reportedly propose a special law that will allow banks to issue stablecoins. The …
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Regulation
Ability for US banks to custody Bitcoin opened up as SEC retires SAB 121
by shayaanby shayaanThe US Securities and Exchange Commission (SEC) has made a significant policy shift by introducing the Staff Accounting Bulletin (SAB) 122 to …
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Regulation
President Trump Eliminates SAB 121, Allowing Banks To Custody Bitcoin and Crypto Assets
by shayaanby shayaanPresident Trump has officially eliminated a controversial guideline from the U.S. Securities and Exchange Commission that effectively prevented US banks from holding …
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Regulation
Donald Trump to ‘Imminently’ Sign Executive Orders Allowing Banks To Trade Crypto, Says Jeremy Allaire: Report
by shayaanby shayaanCircle chief executive Jeremy Allaire thinks President Donald Trump will enable banks to trade crypto assets. In a new interview with Reuters, …
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Finance
Ripple President Says Large Banks May Launch ‘Market-Ready Tokenized Asset Offerings’ in US This Year
by shayaanby shayaanRipple President Monica Long predicts that some of the world’s largest banks could launch market-ready tokenized asset offerings in the U.S. this …
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Regulation
US Banks Can Hold Bitcoin and Crypto Under Incoming Trump Executive Order: Report
by shayaanby shayaanPresident-elect Trump will issue an executive order effectively allowing banks and financial institutions to hold Bitcoin (BTC) and crypto assets on behalf …
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Finance
Five Big Banks Predict When US Rate Cuts Will Happen – Even Some Say Rates Will Rise
by shayaanby shayaanMajor banks have revised their Fed interest rate forecasts, signaling a shift in monetary policy expectations for 2025. Journalist Nick Timiraos summarized …
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Markets
Fidelity Expects More Nation-States, Central Banks To Buy Bitcoin In 2025
by shayaanby shayaanFidelity, in its latest report has asserted that Countries are expected to add Bitcoin into national strategic reserves in 2025, kicking off …
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Regulation
FDIC Wanted to Send Shockwaves Through Banks, According to Ripple’s Top Lawyer
by shayaanby shayaanStuart Alderoty, chief legal officer at Ripple, has opined that the Federal Deposit Insurance Corporation (FDIC) tried to send “shockwaves” throughout various …