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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…
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…
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…
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a major shift toward transparency, signaling new opportunities for banks to engage in crypto as regulators reassess outdated policies.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…
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…
Ripple’s CEO has revealed that his 25-year-old bank account was closed due to his role leading a crypto company, underscoring rising regulatory pressures and uncertain U.S. policies. Ripple CEO Brad…
Senator Elizabeth Warren has called for bold action from regulators, urging the acting head of the Office of the Comptroller of the Currency (OCC) to address Citibank’s persistent operational failures.…
A select group of Russian companies, including electronics producers and financial institutions, has received approval to use cryptocurrencies for Chinese imports under a pilot legal framework. Overseen by Russia’s central…
Sygnum, a Swiss digital asset banking group, has registered its local subsidiary with the Liechtenstein financial regulator. This move allows the company to offer regulated services in the EU and…
Xapo Bank has entered the UK market, becoming the only licensed banking group to offer a combined interest-bearing USD and bitcoin account. “We’re proud to announce we have successfully passported…