Tag: Crypto

Basel Regulators Consider Softer Approach to Crypto Capital Rules Global banking regulators are preparing to revisit their strictest crypto requirements as the United States and the United Kingdom refuse to implement them. The Basel Committee’s long-standing consensus faces pressure after both nations pushed back against the 1,250% risk weighting currently applied to banks’ crypto exposures.Erik…

Crypto Investment Products Face Heavy Outflows Crypto investment products witnessed their largest weekly outflows since February, with CoinShares reporting a staggering two billion dollars leaving the market last week. This marks the third consecutive week of withdrawals, bringing total outflows to three point two billion dollars. James Butterfill, head of research at CoinShares, linked the…

When $1.5 billion worth of Ether vanished from Bybit in February, it sent shockwaves through the cryptocurrency industry. The hack, which became the largest crypto theft in history, exposed deep vulnerabilities across the digital asset ecosystem. Now, SafeWallet, the Ethereum smart account wallet platform whose infrastructure was involved in the breach, has rebuilt its systems…

The US Treasury is facing growing tensions between crypto firms and traditional banks as it works to implement the GENIUS Act, a new law shaping how stablecoin payments are regulated across the country. At the center of the dispute is whether companies like Coinbase should be allowed to offer interest on stablecoin holdings — a…