Crypto Banks – DIGIT INFO

Crypto highlighted as ‘novel and complex’ risk to US banks: FDIC report

The FDIC warns that uncertainty around crypto’s legal status, the likelihood of fraud and contagion present key risks to United States banks.

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Australia’s Bendigo Bank blocks high-risk payments to crypto exchanges

Chainalysis policy lead Chengyi Ong warned crypto users may eventually have no choice but to deal with offshore unregulated exchanges.

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Hong Kong govt pressures banking giants to accept crypto clients: Report

Hong Kong’s central bank reportedly asked major banks including HSBC, Standard Chartered and Bank of China why they aren’t accepting crypto exchanges as clients.

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Blockchain Association files further FOIA requests over banking closures

The crypto advocacy group wants clarity on recent regulatory action against digital asset-friendly banks.

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‘Nobody left to bank crypto companies’ — Crypto Twitter reacts

Prominent members of the crypto community have expressed uncertainty after the loss of crypto friendly banks.

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US Federal Reserve Board Unveils Final Guidelines Used When Reviewing Requests for Access to Master Accounts

The U.S. Federal Reserve Board has said it has released the final guidelines which are set to be used by Reserve Banks when “reviewing requests to access Federal Reserve accounts and payment services.” According to the board, the final guidelines will become effective as soon as they are published in the Federal Register. New Guidelines […]

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