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Basel Study Shows World’s Largest Banks Are Exposed to $9 Billion in Crypto Assets

Basel Study Shows World’s Largest Banks Are Exposed to  Billion in Crypto AssetsA first-of-its-kind study published by the Basel Committee on Banking Supervision details that the world’s largest financial institutions are exposed to roughly €9.4 billion (US$9 billion) in crypto assets. The research paper authored by the Basel Committee’s secretariat Renzo Corrias further explains that out of all the banks’ total risk exposure, cryptocurrency exposure is estimated […]

Coinbase eyes more meme coin listings under Trump administration, says Coinbase executive

FDIC Asks Thousands of Banks to Disclose Crypto Plans

FDIC Asks Thousands of Banks to Disclose Crypto PlansThe U.S. Federal Deposit Insurance Corporation (FDIC) has asked thousands of banks and other financial institutions it supervises to declare existing crypto activities and any plans they have to engage in crypto activities in the future. Banks to Disclose Crypto Plans to FDIC The Federal Deposit Insurance Corporation (FDIC), an agency created by Congress to […]

Coinbase eyes more meme coin listings under Trump administration, says Coinbase executive

JPMorgan: Global Regulation Urgently Needed for Banks to Help Clients Invest in Crypto

JPMorgan: Global Regulation Urgently Needed for Banks to Help Clients Invest in CryptoA globally consistent crypto regulatory framework is urgently needed to allow banks to handle crypto assets on behalf of large customers, said a JPMorgan executive. “We need a globally consistent regulatory framework. It’s important that we get to a solution as quickly as possible.” Global Regulatory Framework Urgently Needed to Allow Banks to Offer Crypto […]

Coinbase eyes more meme coin listings under Trump administration, says Coinbase executive