Canada’s crypto firms are stuck between two banking realities—ATB Financial, which welcomes Bitcoin and Ethereum businesses, and the country’s biggest banks, which …
Banks
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The European Central Bank (ECB) may reconsider its relationship with any European national bank that adds Bitcoin to its reserves, according to …
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Analysis
Coinbase Crosses $420,000,000,000 in Assets As CEO Brian Armstrong Ranks Crypto Exchange Among Top US Banks
by shayaanby shayaanWith Coinbase crossing $420 billion in assets, CEO Brian Armstrong is comparing the top US-based crypto exchange to leading US banks. In …
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According to the report, the Federal Deposit Insurance Corporation (FDIC) is preparing to revise its guidelines to enable banks to operate crypto-related …
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Smart Contracts
Streamers Adin Ross and FaZe Banks Plan Crypto ‘GTA 6’ Server—Would It Be Banned?
by shayaanby shayaanPopular kick streamer Adin Ross said he intends to make a crypto-infused adapted server Grand Theft Auto 6 With Gaming Influencer and …
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Analysis
FDIC Unseals 175 Documents Exposing US Banks Debanking of Crypto Firms
by shayaanby shayaanThe Federal Insurance Deposit Corporation (FDIC) is unsealing hundreds of documents that expose how US institutions were instructed to be deprived of …
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Regulation
Coinbase Asks FDIC, OCC and Federal Reserve To Remove Hurdles for Banks To Partner With Crypto Firms: Report
by shayaanby shayaanCrypto exchange Coinbase is calling upon federal regulators to clarify rules allowing banks to offer digital asset services, challenging what it describes …
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The U.S. Securities and Exchange Commission (SEC) has revised its controversial Staff Accounting Bulletin No. 121 (SAB 121), days after the agency …
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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 …