ABA urges regulatory clarity, parity for developing digital assets
Oversight and supervision should be applied to banks and nonbanks engaged in digital asset activities alike to ensure all customers are protected equally.
Browsing: Bitcoin
OCC’s Hsu continues call for stablecoin standards
Acting Comptroller of the Currency Michael Hsu advocated for stablecoin technical standards today during an event focused on artificial intelligence and the economy.
Cryptocurrencies and Exchanges Will Face Increased Regulatory Focus
Whatever the specifics, we can be certain that every business that deals with virtual currencies will be affected as well.
Basel Committee Issues Consultation Document on Cryptocurrency
As banks increasingly explore or embark on activities related to cryptocurrencies, the Basel Committee on Banking Supervision today released a public consultation document on the prudential treatment of banks’ cryptocurrency asset exposures.
Podcast: Empowering Bank Employees to Drive Innovation
From offering bitcoin rewards checking to meeting the unique credit needs of gig workers and sole practitioners, Quontic Bank depends on innovative ideas and execution.
ABA Urges Withdrawal of Proposed Rule Lowering Reporting Threshold for Funds Transfers
ABA urged the Federal Reserve and the Financial Crimes Enforcement Network today to withdraw a proposed rule that would reduce the transaction threshold from $3,000 to $250 for when banks must collect and retain information on funds transfers and remittances that start or end outside of the United States.
Have Virtual Currencies Virtually Arrived?
As bitcoin and other private digital currencies gain wider acceptance, is a “central bank digital currency” on the way soon?
Approaches to Payments
A Marketing Money Podcast
New Kids on the Blockchain
Video interview with John Oxford
What to Do Now About the Blockchain
By John Oxford