The Federal Reserve rescinded its 2023 guidance that blocked banks from crypto activities, coinciding with revelations that JPMorgan, Bank of America, and seven other major institutions maintained inappropriate restrictions on lawful digital asset businesses between 2020 and 2023.
The post Fed Scraps 2023 Crypto Banking Ban That Blocked Crypto Bank Custodia appeared first on Cryptonews. …
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MSCI Index Changes Could Force $15B Crypto Treasury Selloff
MSCI’s plan to remove digital asset treasury companies from its Global Investable Market Indexes faces mounting resistance from Strategy and industry leaders, who warn the arbitrary 50% threshold could trigger massive forced selling and undermine US digital asset competitiveness.
The post MSCI Index Changes Could Force $15B Crypto Treasury Selloff appeared first on Cryptonews. …
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