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‘Prohibitive’ Capital Rules for Banks Holding Crypto Win Support in EU Parliament

‘Prohibitive’ Capital Rules for Banks Holding Crypto Win Support in EU ParliamentLawmakers in the European Union have backed legislation imposing new capital requirements for financial institutions, including strict rules meant to cover crypto-related risks. The latter concern banks keeping digital assets and are expected to enter into force in January, 2025. EU Legislators Approve Draft Law Implementing the Basel III Capital Regulations for Banks Members of […]

Tornado Cash dev wants charges dropped after court said OFAC ‘overstepped’

Turkish Draft Law Regulating Cryptocurrencies Enters Parliament in October

Turkish Draft Law Regulating Cryptocurrencies Enters Parliament in OctoberThe Turkish government has prepared a bill designed to implement new regulations for the country’s crypto space. The legislation, which will be filed in the parliament this fall, will introduce taxation for crypto holdings and specific capital requirements for companies operating with digital assets. New Legislation to Regulate Turkey’s Crypto Market Following in the footsteps […]

Tornado Cash dev wants charges dropped after court said OFAC ‘overstepped’

Report: JP Morgan Boss ‘Not Happy’ as Capital Positions Exemption for Big Banks Ends

Report: JP Morgan Boss ‘Not Happy’ as Capital Positions Exemption for Big Banks EndsOn March 19, 2021, the U.S. Federal Reserve Board published a press release that detailed the temporary supplementary leverage ratio easements will be expiring as scheduled. U.S. banks will no longer have the relaxed capital requirements they once held since the onset of the Covid-19 outbreak. Despite Wall Street’s Protest Federal Regulators Deny SLR Extension […]

Tornado Cash dev wants charges dropped after court said OFAC ‘overstepped’