Bookmarking Crypto Insights
Auto Added by WPeMatico
The House Oversight Committee is investigating whether the FDIC’s delayed crypto oversight and banking restrictions were driven by political motives or unlawful regulatory overreach. House Oversight Committee Investigates FDIC’s Crypto Policies The House Committee on Oversight and Government Reform announced on Feb. 28 that Chairman James Comer (R-KY) is investigating the Federal Deposit Insurance Corporation’s … Read more
The country’s authorities opened bullion services in two state-owned institutions and declared that more licenses could follow. Prabowo Subianto, president of Indonesia, stated that this bullion initiative could “help save the country’s foreign exchange.” Indonesia Launches Bullion Banking, Aims to Include Gold Savers Into the Country’s Formal System Indonesia is launching formal bullion-based banking, joining … Read more
Lawmakers are demanding urgent FDIC action to end “debanking,” warning that unchecked regulatory power threatens financial access and could be weaponized against lawful businesses. 5 Recommendations to End ‘Debanking’: Congress Pressures FDIC to Act Now House Financial Services Committee Chairman French Hill, along with Representatives Dan Meuser, Andy Barr, and Bryan Steil, have urged the … Read more
The FDIC’s release of 175 documents marks a major shift toward transparency, signaling new opportunities for banks to engage in crypto as regulators reassess outdated policies. Regulators vs. Crypto: FDIC Signals New Approach With Massive Document Dump The Federal Deposit Insurance Corporation (FDIC) released 175 documents on Feb. 5, detailing its oversight of banks engaged … Read more
U.S. lawmakers are ramping up efforts to dismantle “Operation Chokepoint 2.0,” vowing to end regulatory overreach and restore fair banking access for the thriving crypto industry. Lawmakers Push Back Hard Against Crypto Banking Blacklist—Crackdown Challenged Efforts to dismantle “Operation Chokepoint 2.0” continue to gain traction, with lawmakers pushing back against alleged regulatory overreach targeting the … Read more
A proposed CFPB rule could allow crypto users to have protections similar to those of US bank account holders by considering the definition of “funds.” Go to Source
Documents released on Dec. 6 show the Federal Deposit Insurance Corporation (FDIC) asked banks to pause crypto-related activities. Go to Source
The acquisition brings Metal blockchain solutions to Bonifii’s portfolio of credit unions. Go to Source
Trump’s team is asking whether the president-elect could nix financial industry regulators or combine them together, according to a Wall Street Journal report. Go to Source
A US federal judge has ordered the FDIC to redo and resubmit redactions it made to crypto “pause letters” it sent to financial institutions. Go to Source
