[Aug 10 10:42 AM] Critics argue that the US Federal Reserve’s actions are a significant overreach and could stifle innovation in the cryptocurrency sector.
[Jul 10 3:31 PM] The U.S. Federal Reserve has imposed a $60.6 million fine on Citigroup for continued failures in its risk management and data quality practices. The enforcement action follows Citigroup’s insufficient progress in addressing deficiencies…
[Aug 3, 2023 2:50 PM] Figure Technologies, Inc., has pulled its application to become a federally chartered bank in the U.S., ending a three-year rollercoaster ride as regulators clamped down on crypto activity and digital assets banking suffered a black eye when…
[May 23, 2023 9:59 AM] The European Commission's plans could moderate a push from Parliament to discourage crypto holdings as it debates new capital requirements for banks.
[Mar 22, 2023 11:23 AM] Banking enforcement targeting legal crypto businesses appears to violate the FDIC's mandate. It may also be amplifying financial contagion.
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