Crypto highlighted as ‘novel and complex’ risk to US banks: FDIC report
The FDIC warns that uncertainty around crypto's legal status, the likelihood of fraud and contagion present key risks to United States banks.
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Australia’s Bendigo Bank blocks high-risk payments to crypto exchanges
Chainalysis policy lead Chengyi Ong warned crypto users may eventually have no choice but to deal with offshore unregulated exchanges.
Hong Kong govt pressures banking giants to accept crypto clients: Report
Hong Kong’s central bank reportedly asked major banks including HSBC, Standard Chartered and Bank of China why they aren’t accepting crypto exchanges as clients.