FASB weighs stakeholder feedback for accounting priorities

The Financial Accounting Standards Board is reviewing over 100 comment letters and meeting inputs to prioritize its agenda. Stakeholders highlighted hedge accounting, alternative funding, and crypto assets as key areas. This marks the first broad outreach since 2021.

Former employees allege fraud sustains Canada's crypto ATM industry

Nearly a dozen former employees of Canadian crypto ATM companies told CBC News that fraud involving scam victims is a known internal issue. Half believe their former employers would not be profitable without such transactions, while the others think profitability would simply decrease. Operators deny relying on fraud and claim to implement preventive measures.

Authorities crack down on cryptocurrency ATM scams

A consumer alert highlights efforts to address scams involving cryptocurrency ATMs. The report focuses on protecting users from fraudulent schemes in this emerging technology space.

Lagarde urges stronger global role for the euro

In a speech in Paris, ECB President Christine Lagarde called for enhancing the euro's international status to turn Europe's openness into economic strength. She highlighted how recent safe-haven flows into the euro amid US turbulence pressured the exchange rate, underscoring the need for deeper markets and integration. Lagarde emphasized that a more global euro could shield exporters and foster resilience against external shocks.

UK lifts ban on retail access to crypto ETNs

October 09, 2025 Ti AI ṣe iroyin

The UK's Financial Conduct Authority has ended its four-year ban on retail investors accessing bitcoin and crypto exchange-traded notes, effective October 8, 2025. This allows firms to offer these products on approved exchanges like the London Stock Exchange. The move could boost the UK crypto market by up to 20%, according to research.

FINRA survey highlights crypto investors' fraud vulnerability

New findings from the FINRA Investor Education Foundation reveal that crypto and meme stock investors are more likely to fall for fraudulent investment offers. Younger and less experienced investors show heightened susceptibility. The report coincides with the rapid growth of tokenized stocks, raising concerns about regulatory protections.

Morgan Stanley expands crypto fund access for all wealth clients

October 11, 2025 Ti AI ṣe iroyin

Morgan Stanley announced on October 10 that starting October 15, its financial advisors can offer cryptocurrency funds to any wealth management client, regardless of account type or asset level. This policy shift removes prior restrictions limiting access to high-net-worth individuals with aggressive risk profiles. The change aligns with evolving U.S. regulatory approvals for crypto exchange-traded funds.