strict

Rep. Waters calls on Biden to reverse policies that let banks custody cryptocurrencies and stablecoin reserves

Basel Committee proposes strict capital requirements for banks with bitcoin exposure

The Basel Committee for Banking Supervision, the global standards body for bank regulation, published a consultation on Thursday that, if ultimately put into effect, would impose strict capital requirements for banks that have exposure to bitcoin and other cryptocurrencies. It’s a notable release, given that major banks around the world pursue custodial services in response …

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Rep. Waters calls on Biden to reverse policies that let banks custody cryptocurrencies and stablecoin reserves

Dutch central bank reverses strict KYC rules for crypto withdrawals

The Dutch Central Bank, DNB, has reversed its decision to enforce stricter measures for withdrawing cryptocurrencies from exchanges, according to Dutch crypto exchange Bitonic.  In January, the central bank set out rules that required crypto exchanges to collect additional data from their users when they withdraw cryptocurrencies. Namely, users had to add the recipient address …

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