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Silicon Valley Bank

Basel Committee considers disclosure requirements for banks’ digital currencies
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11 October, 2023

Basel Committee considers disclosure requirements for banks’ digital currencies

In a recent meeting, the Basel Committee concluded that so-called ‘crypto assets’ concentrated in a small number of banks was...
Digital assets pose ‘novel and complex risks’ to US banking system, FDIC says
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16 August, 2023

Digital assets pose ‘novel and complex risks’ to US banking system, FDIC says

The FDIC’s annual Risk Review for 2023 is the first to be published since the banking chaos of March 2023,...
US legislators advance mixed bag of bills for digital asset sector
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31 July, 2023

US legislators advance mixed bag of bills for digital asset sector

The U.S. House of Representatives Financial Services Committee advanced two bills that could now be sent to the House floor...
Burned and shunned by banking, digital assets are lurking in the shadows
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16 May, 2023

Burned and shunned by banking, digital assets are lurking in the shadows

The global financial stability is facing threats as digital asset players turn to shadow banks amid a spate of tech...
IMF reminds policymakers of need for tighter digital currency regulations
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15 April, 2023

IMF reminds policymakers of need for tighter digital currency regulations

The IMF insists that stringent laws and heightened monitoring of the digital asset market are crucial to prevent the recurrence...