Biden Will Choose a New Leader for Bank Regulator With Toxic' Culture
President Biden is planning to swiftly appoint a new leader for the FDIC following revelations of widespread harassment and abuse among senior managers. [ more ]
Biden Will Choose a New Leader for Bank Regulator With Toxic' Culture
President Biden is planning to swiftly appoint a new leader for the FDIC following revelations of widespread harassment and abuse among senior managers. [ more ]
Crypto Firms That Act Like Banks Should Be Regulated Like Them, ECB Official Says
Crypto firms acting like banks should be regulated like banks, according to the chair of the supervisory board at the ECB.
Supervising crypto companies is more challenging than overseeing banks due to the deterritorialization and lack of headquarters in the crypto sector. [ more ]