cryptocurrency National Operations Risk Management 
Perficient
MAY 27, 2022
However, in this blog, we will discuss the regulatory landscape surrounding cryptocurrency from an asset manager or fund manager perspective. For those wanting to start their own cryptocurrency fund, it’s important to be well informed about cryptocurrency regulations. Central Bank Digital Currency (CBDC) ).
CFPB Monitor
JULY 27, 2020
The OCC issued a letter last week stating that “a national bank [and a federal savings association] may provide. cryptocurrency custody services on behalf of customers, including by holding the unique cryptographic keys associated with cryptocurrency.” The key phrase above is “any lawful business.”
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PYMNTS
MARCH 7, 2018
Japan’s Financial Services Agency is sending what Reuters terms “administrative punishment notices” on several of the nation’s cryptocurrency exchanges and some may be forced to suspend operations, the newswire reported , citing Nikkei’s business daily.
PYMNTS
NOVEMBER 2, 2020
In other news, the Reserve Bank of Australia (RBA) is exploring the potential of a central bank digital currency (CBDC), in partnership with the National Australia Bank , Commonwealth Bank , Perpetual Limited and ConsenSys Software , the bank announced in a press release. RBA expects to finish the project at the end of this year.
PYMNTS
FEBRUARY 15, 2019
Mark Williamson, chief operating officer of FX cash trading and risk management, told Reuters that HSBC processes from 3,500 to 5,000 trades a day on FX Everywhere, with trades now being worth $350 billion. Last month, the bank announced plans for a cryptocurrency program that could lead to the first Iranian crypto.
PYMNTS
NOVEMBER 26, 2019
Compliance with market standards and regulations allows us to provide our clients with legal security and convenience of using the exchange, with the participation of a friendly banking system and the availability of payment operators,” BitBay said. Department of Justice on illegal financial issues affecting national security.
CFPB Monitor
APRIL 25, 2022
Anchorage is not any regular entity overseen by the OCC: it is a cryptocurrency custodian. The January 2021 Operating Agreement . In January 2021, the OCC granted Anchorage conditional approval for a national trust bank charter. Notably, Anchorage will pay no civil penalty.
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