Tag: banks
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Japan’s FSA Backs Major Banks’ Joint Yen Stablecoin Rollout
Japan’s financial regulator, the Financial Services Agency (FSA), endorsed a project by the country’s largest financial institutions to jointly issue yen-backed stablecoins.In a...
Japan’s FSA May Let Banks Hold Bitcoin and Other Cryptocurrencies
Japan’s Financial Services Agency (FSA) is reportedly preparing to review regulations that could allow banks to acquire and hold cryptocurrencies such as Bitcoin...
Regulators toss out rules requiring banks to prepare for climate change
Michelle Bowman, vice chair for supervision at the US Federal Reserve, during the Federal Reserve Board Community Bank Conference in Washington, DC, US,...
New York regulator urges banks to harness blockchain analytics for crypto risks
New York’s top financial regulator advised banks to expand their use of blockchain analytics when handling virtual currency.The regulator noted in a...
Here’s why banks, credit card companies are wary of buy now, pay later loans
Buy now, pay later plans offer an attractive alternative to credit cards for consumers: They allow purchases to be split into short-term, typically...
