Tag Archives: regulators

Watchdog group defends US regulators’ approach to crypto firms

Watchdog group defends US regulators’ approach to crypto firms

A Wall Street watchdog group is pushing back against the narrative in a US House Financial Services Committee (HSFC) hearing into claims crypto was “in the crosshairs” of certain financial regulators. In a written statement released ahead of a Feb. 6 hearing of the HSFC’s Oversight and Investigations Subcommittee, Better Markets banking policy director Shayna Olesiuk seemed to criticize the …

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BoA CEO says banks eager to enter crypto if regulators allow

BoA CEO says banks eager to enter crypto if regulators allow

Bank of America (BoA) CEO Brian Moynihan believes US banking institutions are willing to adopt cryptocurrency payments if proper rules are in place, signaling that the financial industry is still waiting for clearer signals from regulators before moving forward.  In an interview with CNBC at the World Economic Forum in Davos, Switzerland, Moynihan said if proper regulations make crypto payments …

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