Podcast: What’s next for stablecoin policy and tech
Legislators and regulators are strongly focused on policy related to payment stablecoins, most recently with the passage of the Genius ...
Tag: Cryptocurrency
Senate Banking Committee advances stablecoin bill
The Senate Banking Committee voted 18-6 in favor of a bill that would create a regulatory framework for payment stablecoins, ...
ABA outlines three principles to guide stablecoin regulation
In comments to lawmakers, ABA offered three principles to guide the establishment of a regulatory framework for payment stablecoins.
OCC withdraws policy on bank engagement with cryptocurrency
The OCC published an interpretive letter rescinding the agency’s policy on bank engagement with cryptocurrency “to reaffirm that a range ...
Iowa targets crypto ATMs for role in alleged scams
Iowa Attorney General Brenna Bird announced lawsuits against two cryptocurrency ATM operators over alleged failures that allowed Iowans to transfer ...
Barr: Fed not discouraging banks from crypto engagement
The Federal Reserve does not prohibit nor discourage banks from providing banking services to any legal business, including cryptocurrency, Federal ...
ABA points to role of regulators in discouraging bank engagement in digital assets
In a letter to senators, ABA highlighted recent FDIC documentation showing that regulators discouraged banks from fully engaging with digital ...
House lawmakers offer recommendations to FDIC on digital asset regulation
Republican lawmakers on the House Financial Services Committee offered five recommendations to the FDIC on how to “clarify” digital asset ...
Fed’s Barr urges banking regulators to keep pushing for reforms
In one of his final speeches as vice chairman for supervision, Federal Reserve Governor Michael Barr pushed back against criticisms ...
ABA, associations offer recommendations for expanding bank engagement with digital assets
ABA joined the Bank Policy Institute and four other financial sector associations in voicing support for an initiative by President ...
