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3232Global Banking Authorities Extend Crypto Regulatory Framework Deadline
https://www.digit.info/global-banking-authorities-extend-crypto-regulatory-framework-deadline/
Wed, 15 May 2024 17:32:09 +0000https://www.digit.info/2024/05/15/global-banking-authorities-extend-crypto-regulatory-framework-deadline/Read more]]>The Group of Central Bank Governors and Heads of Supervision (GHOS) has reviewed the implementation of Basel III reforms and postponed the crypto asset standard implementation date to January 1, 2026. Basel III, finalized in 2017, continues to see widespread adoption, with two-thirds of member jurisdictions expected to implement the reforms fully or partially by […]
]]>Circle Intends to Become a Full-Reserve National Commercial Bank
https://www.digit.info/circle-intends-to-become-a-full-reserve-national-commercial-bank/
Wed, 11 Aug 2021 07:45:07 +0000https://www.digit.info/2021/08/11/circle-intends-to-become-a-full-reserve-national-commercial-bank/Read more]]>Circle, a cryptocurrency fintech services company, announced it intends to become a full-reserve national commercial bank. This would bring a set of responsibilities and duties to the company equal to those of other mainstream banks: having to report to the Federal Reserve, U.S. Treasury, OCC, and the FDIC. However, it would also put the company […]
The Group of Central Bank Governors and Heads of Supervision (GHOS) has reviewed the implementation of Basel III reforms and postponed the crypto asset standard implementation date to January 1, 2026. Basel III, finalized in 2017, continues to see widespread adoption, with two-thirds of member jurisdictions expected to implement the reforms fully or partially by […]
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Circle, a cryptocurrency fintech services company, announced it intends to become a full-reserve national commercial bank. This would bring a set of responsibilities and duties to the company equal to those of other mainstream banks: having to report to the Federal Reserve, U.S. Treasury, OCC, and the FDIC. However, it would also put the company […]