Podcast: Have the Cores Stepped Up to the Challenge?

The National Credit Union Administration should pause setting up a process through which credit unions can seek approval to issue stablecoins through a subsidiary until the agency has proposed other regulatory safeguards for stablecoin issuers, ABA said in...

The CEA paper minimizes the core risk by starting from the wrong question. There is already ample evidence and analysis showing that a prohibition on yield for payment stablecoins is a prudent safeguard.

The Treasury Department proposed new rules to prevent CDFI Fund awards from being used to support individuals in the U.S. illegally. It also announced that CDFIs will be required to adopt policies aligning with the Trump administration’s anti-discrimination...

The growth of the high-net-worth client base and generational transitions are reshaping wealth management. How are banks positioned to capitalize on this evolving marketplace?

The Treasury Department will offer digital asset firms the same cybersecurity information it shares with banks and other financial institutions, provided the firms meet certain criteria, according to an announcement.

A prohibition on paying interest or yield on payment stablecoins would do “very little” to protect bank lending “while forgoing the consumer benefits of competitive returns on stablecoin holdings,” according to a new report by the White House...