Appeals court upholds Fed decision to deny crypto firm master account
A federal appeals court ruled that the Federal Reserve is not obligated to grant a master account to a cryptocurrency ...
Tag: Cryptocurrency
Lawmakers, policymakers express concern about interest-bearing stablecoins
Several policymakers raised concerns with media outlets in recent days about a loophole in the Genius Act that allows stablecoin ...
Sen. Budd calls for federal preemption of AI regulation
As banks expand their deployment of artificial intelligence tools, Sen. Ted Budd (R-N.C.) called for federal regulation to preempt state ...
ABA: Same BSA regulations should apply to banks, digital assets
More work is needed to provide the regulatory certainty required to realize the promise of stablecoins and other digital assets, ...
Fed’s Barr: Regulation needed to fill ‘gaps’ in stablecoin law
A new law establishing a regulatory framework for stablecoins has “gaps” that could pose risks to financial stability and consumer ...
Stablecoins, crypto and quantum risk: Preparing the banking sector for what’s next
Banks that are best positioned will be those that learn the risks, strengthen security and support post-quantum standards.
ABA experts: Remember compliance obligations when dealing with stablecoins
As banks explore stablecoins, they must keep in mind that Bank Secrecy Act and sanctions rules still apply, and that ...
Treasury briefly extends Genius Act ANPRM comment period
The change gives the industry a total of 46 days from the original date of publication in the Federal Register ...
Gould touts OCC debanking moves, reassures on stablecoin
Comptroller of the Currency Jonathan Gould emphasized the Trump administration’s recent “clarifications and changes to our existing policies” addressing charges ...
OCC signals openness for de novo bank formation, mergers, stablecoin issuers
The OCC announced it has elevated its chartering and licensing function to signal support for the creation of new banks ...
