Finance
U.S. Senator Promotes Bill to Halt Debanking After Crypto Concerns
Senator Tim Scott is advocating for legislation to prevent U.S. regulatory agencies from using 'reputational risk' as a rationale for denying banking services to clients.
Finance
Fed Chair Jerome Powell Expresses Concerns Over Crypto Debanking Issues
Jerome Powell, Chair of the Federal Reserve, has voiced his worries about the increasing trend of 'debanking' affecting the crypto industry while also considering regulatory frameworks for stablecoins.
Crypto
Weekly Summary: Crypto Debanking Takes Center Stage
This week's highlights include product launches, developments in stablecoin legislation, and Congressional discussions on debanking.
Crypto
Concerns Over Crypto Debanking Come to Fore in U.S. House Hearing
A recent hearing illustrates the shifting stance of federal regulators regarding how banks interact with cryptocurrency firms.
Crypto
FDIC's Acting Chair Shares New Vision for Crypto Regulation Amid Senate Inquiry
Travis Hill, acting chairman of the FDIC, outlines a new approach to cryptocurrency regulation as U.S. senators raise concerns regarding debanking practices affecting crypto businesses.
Blockchain
Time to Reassess the Consequences of Banking Restrictions on Crypto Industry
An analysis of the troubling trend of debanking affecting the crypto sector and the need for regulatory reform to protect businesses.
