Financial Regulation
South Korea’s Financial Services Commission is reviewing Hana Bank’s $668 million acquisition of a stake in Dunamu. The examination centers on regulations that limit banks’ exposure to cryptocurrency exchanges.
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Egypt's Financial Regulatory Authority (FRA) has issued Decision No. 54 of 2026, outlining conditions and procedures for registering and practicing risk assessment and loss inspection experts. The decision completes the legislative framework for the insurance sector under the Unified Insurance Law No. 155 of 2024. FRA chair Islam Azzam stated it ensures professional standards and bolsters market confidence.
John Wahl, chairman of the Alabama Republican Party, argues that Alabama should champion financial freedom through digital currencies like stablecoins. He highlights the bipartisan GENIUS Act as a step toward clear rules for crypto platforms. Wahl emphasizes that embracing innovation will secure America's global economic edge.
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Federal Reserve Governor Christopher Waller opened the central bank's first Payments Innovation Conference on October 21, 2025, pledging to embrace crypto and DeFi disruptions. He proposed exploring a 'skinny' version of master accounts to give payments innovators direct access to Fed payment rails. The event in Washington, D.C., aimed to foster dialogue between traditional financial players and new entrants.