Finance
US Federal Banking Profitability Hits Two-Decade High, OCC Says
The OCC says lower charges for expected loan losses supported profits, while higher rates pose risks.
Regulation
Track the rules affecting crypto issuers, service providers and customers. This hub follows proposals, consultations and enacted measures, keeping their jurisdiction and stage clear. Reporting explains who is affected and what remains unresolved, while opinion makes its argument separately from the facts on which it rests.
Crypto
DOJ Gets Approval To Seize Or Restrain Over $1.2B From Binance Theft
The DOJ says court authority covers more than $1.2 billion, while Binance separately says it has funded coverage of affected assets.
Crypto
Deutsche Bank Says Digital Asset Custody Service Has Launched
Deutsche Bank says it has launched digital asset custody for European institutions and companies after receiving regulatory approval.
Crypto
EBA Takes Over Part Of USDC's EU Supervision From France's ACPR
The EBA says USDC's EU reserve, capital and liquidity supervision transfers to it on 12th November, while France's ACPR retains other duties.
Crypto
South Korea FSC Plans Conditional Permission For Exchange Freezes On Suspected Hacks
South Korea's FSC plans a no-action letter allowing operators to freeze deposits and withdrawals when a hack is suspected, subject to conditions, alongside tighter monitoring and withdrawal procedures.
Crypto
Bank Of Russia Sets Terms For Crypto Trading From 22nd November
The Bank of Russia says exchanges need its agreement to their trading rules, while Moscow Exchange plans a 1st December start.
Crypto
Texas Bill Would Allow Up To $10M In Local Crypto Investment
Texas House Bill 815, filed on 9th November, would give each municipality or county the option to invest up to $10 million in cryptocurrency.
Tech
EU Proposes Digital Fairness Act To Curb Manipulative Online Sales
The Commission proposes rules against subscription traps and misleading prices, plus separate powers to enforce consumer law.
Crypto
FSB Recommends Stablecoin Rules For Türkiye After Crypto Review
The Financial Stability Board wants rules for stablecoin issuers alongside Türkiye's existing oversight of crypto platforms.