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Digital assets and currencies
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Aftermath of the repeal of the Glass–Steagall Act
The Glass–Steagall legislation was enacted by the United States Congress in 1933 as part of the 1933 Banking Act, amended as part of the 1935 Banking Act, and most of it was repealed in 1999 by the Gramm–Leach–Bliley Act (GLBA). Its protections and restrictions had also been chipped away during most of its existence by lenient regulatory interpretations and use of loopholes.
BankingGlass–Steagall in post-financial crisis reform debate
There have been several efforts or appeals in the United States to reinstate repealed sections of the Glass–Steagall Act following the 2008 financial crisis, as well as elsewhere to adopt similar financial reforms.
BankingGlass–Steagall legislation
The Glass–Steagall legislation describes four provisions of the United States Banking Act of 1933 separating commercial and investment banking.