Federal Reserve Proposes New Crypto Banking Accounts
The Federal Reserve is set to introduce a master account specifically designed for cryptocurrency-focused banks, potentially reshaping the finance landscape.
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The Federal Reserve is set to introduce a master account specifically designed for cryptocurrency-focused banks, potentially reshaping the finance landscape.
Anchorage Digital has successfully lifted an enforcement order from the U.S. banking regulator as it continues to address compliance with anti-money laundering laws.
The U.S. Federal Deposit Insurance Corporation has announced new guidance that eliminates the need for banks to seek prior approvals before engaging in cryptocurrency activities, reversing earlier strict regulations.
Anticipated changes in the U.S. regulatory landscape could reshape the interaction between the banking sector and cryptocurrency assets with the new administration.
Sygnum, a crypto bank based in Zug and Singapore, has successfully closed a funding round, reaching a valuation exceeding $1 billion.
Recent disclosures from the FDIC reveal a coordinated government initiative aimed at hindering crypto banking operations, confirming longstanding suspicions within the crypto community.
A critical look at the closure of pro-crypto banks during the 2023 financial crisis and the implications for the future of the crypto industry.
Pave Bank aims to expand its digital banking services following a significant funding round.

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