US Senate overturns SECs anti-crypto resolution, but will Biden veto? Law Decoded

The U.S. president remains the last barrier to recalling the problematic anti-crypto resolution by the SEC.

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U.S. Banks to Test Feasibility of Digital Dollar with NY Fed

NYIC announced on Tuesday that it would begin a proof-of-concept trial for CBDC.

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American Bank Inks Deal with Bakkt, Offering Trading & Holding of Tokens

To offer customers the option of accessing Bitcoin and Ethereum using their bank accounts, American Bank has partnered with Bakkt. (Read More)

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Within 36 Months More than a Third of Banks Will Offer Crypto Services, New Research

American Banker issued its 2022 banking predictions based on survey results of 175 top executives.

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Report: US Government Auctions Off Failed Banks SVB and SNBY, Crypto Restrictions Apply

The U.S. government and the Federal Deposit Insurance Corporation (FDIC) are auctioning off two failed American financial institutions, Silicon Valley Bank (SVB) and Signature Bank (SNBY), this week, with bids due by March 17. However, sources familiar with the matter said the qualifications to purchase the banks are stringent, and reportedly, the purchasers cannot deal [...]

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US bankers support Trump but expect Harris victory American Banker

A survey of 191 bankers indicated heavy support for Trumps cryptocurrency and taxation policies. 

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Regulators Should Heed Crypto Risks When Innovating Regulation, Says Chinese Central Bank Official

A senior People’s Bank of China (PBOC) official has urged regulators to consider cryptocurrency risks and fraud that could lead to bank failures when innovating regulation. The Chinese official highlighted the recent collapse of U.S. banks that provided services to crypto customers as an example. “The regulation philosophy, technology, and capability must be upgraded to [...]

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