Tag: banks
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Crypto Among Industries Major Banks “Debanked,” OCC Finds
The nine largest US banks restricted financial services to politically contentious industries, including cryptocurrency, between 2020 and 2023, according to the preliminary findings...
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...
