OCC finalizes revised chartering rules for national trust institutions
The OCC has finalized a rule that amends its chartering regulations to clarify that national banks with trust powers are ...
Tag: Cryptocurrency
OCC releases proposed rule to implement payment stablecoin legislation
The OCC released a proposed rule to implement the Genius Act, including how it would handle the law’s prohibition on ...
Bankers share stablecoins’ opportunities, risks for community banks
Congress last year passed the Genius Act, creating a regulatory framework for stablecoins.
Nichols highlights community banking wins, challenges at CCB
Kicking off the ABA Conference for Community Bankers in Orlando, ABA President and CEO Rob Nichols highlighted the progress made ...
ABA urges OCC to provide stronger safeguards, clearer rules for charter applicants
As the OCC considers revising its chartering rules, the agency should seek to uphold strong safety and soundness standards, increase ...
Fed’s Waller seeking ‘middle lane’ on ‘skinny’ master accounts
Federal Reserve Governor Christopher Waller provided an update on the feedback the Fed received about a proposal to create “skinny” ...
FDIC extends comment period for Genius Act implementation
The FDIC announced that it will push back to May the deadline for comment on its proposal to create a ...
Bessent fields lawmaker questions on crypto and deposits, CDFI Fund
In his second day of congressional testimony, Treasury Secretary Scott Bessent said he will work to ensure there is “no ...
ABA participates in White House meeting on crypto regulation
ABA participated in a meeting at the White House with other banking representatives and cryptocurrency leaders to discuss proposed crypto ...
Senate Ag Committee advances digital commodity bill
The Senate Agriculture Committee advanced legislation to give the Commodity Futures Trading Commission the authority to regulate a broad range ...
