Tag: banks
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Biggest banks sue the Federal Reserve over annual stress tests
A group of banks and business groups are suing the Federal Reserve over the annual bank stress tests.The Bank Policy Institute, which represents...
Coinbase exec publishes FDIC letters urging banks to halt or avoid crypto services
Coinbase chief legal officer Paul Grewal has disclosed letters from the Federal Deposit Insurance Corporation (FDIC) to banks throughout 2022, urging them...
Hong Kong watchdog issues warning about foreign entities pretending to be crypto ‘banks’
The Hong Kong Monetary Authority (HKMA) has cautioned the public to remain vigilant against foreign crypto firms falsely presenting themselves as banks, according...
BIS partners with central banks to tackle cross-border compliance with Project Mandala
The Bank for International Settlements (BIS) has collaborated with several central banks to showcase regulatory compliance in cross-border transactions through Project Mandala,...
Banks aren’t in the clear just yet
Federal Reserve Board Chairman Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate...
