The latest uptick in regulatory action around the globe may be due to policymakers finally waking up to cryptocurrencies. On a recent panel at the Citi Digital Money Symposium in London, which touched on crypto regulations in the United Kingdom, Europe, and the United ...Read More

The speed with which deposits were pulled from Silicon Valley Bank have left many wondering whether mobile banking now carries its own liquidity management risks. Whether SVB’s depositors were largely a tech savvy breed, and therefore an outlier, remains to be seen in the ...Read More

United States Securities and Exchange Commission Chair Gary Gensler says the regulator is spread thin and needs additional funding to keep up with the “increased complexity in the capital markets.” United States Securities and Exchange Commission Chair Gary Gensler has thrown his support behind U.S. ...Read More

Regulators have taken a lot of heat from both sides of the political aisle after the rapid failure of three U.S. banks—Silicon Valley Bank, Signature Bank and Silvergate Bank—this month. Massachusetts Sen. Elizabeth Warren, a democrat, argued regulators “clearly fell down on the job” at Silicon ...Read More

President Biden on Thursday called on federal regulators to consider imposing stronger safeguards on the banking industry in the wake of the failure of Silicon Valley Bank, in part by reversing Trump-era rollbacks. Biden urged federal banking agencies, in consultation with the Treasury Department, to consider a ...Read More

The Commodity Futures and Trading Commission filed a complaint against crypto exchange Binance, its co-founder, Changpeng Zhao, and its former chief compliance officer, Samuel Lim, alleging that Binance actively solicited U.S. users and subverted the exchanges own “ineffective compliance program,” according to a filing in ...Read More

Crypto has become a divisive issue in Washington, and the Securities and Exchange Commission is at the heart of it. The SEC recently notified the big crypto exchange Coinbase Global that it’s likely to sue the company over several business practices. Regulators are also bringing enforcement against other ...Read More