Tag: Financial Services
White House Nominates CFTC Commissioners for FDIC, Treasury Roles
The White House is expected to nominate U.S. Commodity Futures Trading Commission Commissioner Christy Goldsmith Romero as the next Federal Deposit Insurance Corporation (FDIC) chair and Kristin Johnson to a senior Treasury post, media...
Swiss Regulator Closes Crypto-Linked FlowBank; Bankruptcy Initiated
FlowBank, a Swiss online bank known for its crypto ties, has been closed down by the Swiss Financial Market Supervisory Authority (FINMA) due to insufficient capital and serious breaches of minimum capital requirements. This...
EU MiCA Regulations: Final Draft Technical Standards Revealed
The European Banking Authority (EBA) recently released the final draft technical standards on prudential matters for firms to comply with under the Markets in Crypto Assets (MiCA) legislation. This legislation, which was passed last...
