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Donald Trump · United StatesThe Federal Reserve announced on Friday it was scrapping a so-called “novel activities” supervision program it created to specifically police banks on their crypto and fintech activities, and instead will integrate that work into its regular bank oversight.Read MoreThe post Fed to scrap program devoted to policing banks on crypto, fintech activities first appeared on The Who Dat Daily.See the Story
Fed to Scrap Program Devoted to Policing Banks on Crypto, Fintech Activities
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Regulation · Hong KongHong Kong’s securities watchdog rolled out new custody requirements for licensed crypto exchanges, reinforcing its pledge to protect client assets as the city advances its bid to become Asia’s digital asset hub.In a circular issued Friday, the Securities and Futures Commission (SFC) set minimum standards for licensed virtual asset trading platforms (VATPs) covering senior management responsibility, cold wallet operations, the use of third-party …See the Story
Hong Kong SFC Tightens Custody Standards for Crypto Exchanges Under ASPIRe Roadmap
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