Tag: Regulator
BNY Mellon, One of the Largest Banks in the USA, to Offer Cryptocurrency Custody Service: Approved by New York Regulator
The world’s largest custody bank, Bank of New York (BNY) Mellon, has received approval from the New York regulator to offer crypto custody services. According to the Wall Street Journal’s…
Crypto and regulation: victims of their own success
Bitcoin icon In the beginning, the industry was too small to be noticed by the authorities. (Photo: Unsplash) Crypto industry players have always had a confrontational relationship with regulators. The…
UK Regulator Issues Notice of Unauthorized FTX Activity: Warns Investors
The UK Financial Conduct Authority (FCA) issued a statement about the unauthorized activity of Bahamas-based cryptocurrency exchange FTX and warned users. FCA 16 September In a statement published on its…
Financial regulator Branson warns of risks in the real estate business
Mark Branson at the Handelsblatt Banking Summit The Bafin boss, who has been in office since August 2021, has announced a tougher approach to the supervision of financial institutions. (Photo:…
FTX Acquires Legacy Regulator in the USA
Jill Sommers, a former official of the US Commodity Futures Contracts Commission, has joined FTX’s US arm, FTX.US. Appointed by former US Presidents George W. Bush and Barack Obama, Sommers…
China’s cyber regulator will control the export of data more strictly in the future
Beijing With its new rules on data transfer, China is increasing control over the companies operating there and, according to experts, is driving digital unbundling from other countries. For German…
Banking regulator warns of risks in commercial real estate commitments
ECB Since 2018, ECB Banking Supervision has been examining how institutions deal with risks in the commercial real estate market. (Photo: dpa) Frankfurt The ECB Banking Supervision sees major risks…
Banking regulator warns of risks in commercial real estate commitments
ECB Since 2018, ECB Banking Supervision has been examining how institutions deal with risks in the commercial real estate market. (Photo: dpa) Frankfurt The ECB Banking Supervision sees major risks…
Financial regulator criticizes shortcomings at Clearstream.
German Stock Exchange The public prosecutor’s office has intensified its investigation into the group’s possible involvement in the cum-ex business. (Photo: dpa) Frankfurt The financial regulator Bafin is taking action…
Robinhood fined $30 million by New York Fiscal Regulator
The crypto unit of the world-famous investment platform Robinhood was fined $ 30 million by the New York financial regulator for not complying with KYC / AML standards. New York…
Cryptocurrency Statement from EU Bank Regulator!
European Union to cryptocurrencies It adopted a set of rules on the subject that will come into force in 2025. Cryptocurrency Although there is a longer period for the implementation…
California Regulator Focuses Crypto Rate Calculations
The California Department of Financial Protection and Innovation (DFPI) is scrutinizing crypto companies that provide interest-bearing customers. California regulator DFPI, 12 July In the statement he shared on his website…
Call From Former Fed Regulator: Bitcoin (BTC) Should Be Banned Completely
Former Fed regulator Lee Reiners believes cryptocurrencies have no cash flow and should be kept out of the banking system. Lee Reiners, cryptocurrencies against inflation thinks there is no real…
Crypto Alert From Banking Regulator: “Vulnerability Revealed!”
Head of the Office of the Currency Control (OCC), Terra (Luna) reiterated the risks of investing in crypto assets following its collapse, warning investors. Acting Currency Controller of the OCC,…
Card payments disruption: Financial regulator Bafin is investigating problems
Frankfurt The problems with card payments in Germany call the financial regulator Bafin on the scene. The authority is in close contact with the Bundesbank, the Federal Office for Information…
Common Standards Call for Stablecoin Issuers from US Regulator
Michael Hsu, vice president of the banking regulator OCC in the US, thinks that a common standard should be prepared for companies developing stablecoins. Hsu, who is the vice president…
Biden unveils new Fed nominee for top banking regulator
Joe Biden The US President now nominates Michael Barr for the position of head of banking supervision. He had already worked under former President Barack Obama. (Photo: AP) Washington US…
Italy’s financial regulator imposes a freeze on new customers for direct banks
Frankfurt N26 is again in trouble with the authorities: the Italian financial regulator on Monday prohibited the Berlin neobank from taking on new customers until further notice, as N26 explained.…
N26: Italy’s financial regulator imposes a freeze on new customers
Frankfurt N26 is again in trouble with the authorities: the Italian financial regulator on Monday prohibited the Berlin neobank from taking on new customers until further notice, as N26 explained.…
Swiss financial regulator Finma examines revelations
CreditSuisse Over 30,000 account records have been evaluated by an international network of journalists. (Photo: dpa) Zurich The publication of customer lists by Credit Suisse, on which autocrats and criminals…