Auto Added by WPeMatico

Fed and OCC Probe Bank Security After Binance’s $6.3B Hack: Report

The Federal Reserve and Office of the Comptroller of the Currency (OCC) contacted U.S. banks following Binance’s $6.3 billion hack, Reuters reported Nov. 5. Supervisors sought information about suspicious activity,…

Continue ReadingFed and OCC Probe Bank Security After Binance’s $6.3B Hack: Report

OCC Blows Lid Off Debanking Practices at America’s 9 Bank Giants

America’s largest national banks face fresh scrutiny after federal regulators discovered that all nine maintained policies that could restrict financial services based on political beliefs, religious affiliations, or lawful business…

Continue ReadingOCC Blows Lid Off Debanking Practices at America’s 9 Bank Giants

LAB Token Collapses, Strike Launches New ‘Volatility-Proof’ Product, and More – Weekly Recap

This week’s crypto stories ranged from policy and payments to market stress and Bitcoin infighting. Trump fueled fresh crypto speculation during the launch of Trump Accounts, Sony Bank won OCC…

Continue ReadingLAB Token Collapses, Strike Launches New ‘Volatility-Proof’ Product, and More – Weekly Recap