Podcast: What’s next for stablecoin policy and tech

Fifteen state attorneys general urged Congress to pass legislation ensuring that robberies of off-site ATMs carry the same legal consequences as bank robberies. ABA also supports the bill.

Congress should establish a nationally harmonized, risk-based framework for regulating artificial intelligence in the financial services sector, which would preempt state laws while assuring strong consumer protection and cybersecurity outcomes, ABA told House Financial Services Committee members.

As it seeks to implement the Genius Act, the Treasury Department should not allow states to greatly expand the scope of services offered by payment stablecoin issuers beyond what is spelled out in the law, ABA said.

ABA and the Bank Policy Institute asked the FDIC to push back by more than a month the public comment deadline for its proposed bank information disclosure rule, which would align it with the deadline for a similar...

A coalition of 10 states has filed a lawsuit to block two recent rulemakings by the OCC designed to establish a uniform federal framework for national banks operating across state lines.

The OCC should propose new reporting forms for stablecoin issuers only after it has finalized regulatory requirements for those companies, and it should work with other regulators to ensure forms for all issuers are substantially similar across agencies,...