Senate adjourns with no vote on Clarity Act
The Senate adjourned without holding a final vote on the Clarity Act, punting further action on the bill until at ...
Tag: Cryptocurrency
Nichols: Bankers seeking surgical changes to Clarity Act to protect local lending
Small, targeted changes to market structure legislation for digital assets are all that are needed to ensure the crypto industry ...
Bankers: Local lending at risk if stablecoin payment of interest loophole isn’t closed
Warning of the potential fallout for banks and the communities they serve, bank leaders from across the U.S. are urging ...
Hispanic business group warns Clarity Act will harm local lending
A market structure bill for digital assets threatens to weaken the financial ecosystem supporting Hispanic-owned businesses by spurring the migration ...
ABA, associations: Updated crypto market structure bill still puts local lending at risk
The latest version of a proposed market structure bill for digital assets still puts at risk the local lending that ...
Directors Briefing: For stablecoins and tokenized deposits, the value of focusing on strategy
The takeaway is not that every bank needs a stablecoin strategy tomorrow. It is that stablecoins are no longer purely ...
Nichols: ABA seeks ‘surgical’ changes to crypto market structure bill
ABA isn’t opposed to market structure legislation for digital assets but is seeking “tiny, surgical” changes to ensure the Genius ...
ABA, associations seek agency alignment on Genius Act implementation
The National Credit Union Administration should coordinate with the banking agencies to ensure that Genius Act implementation is substantially similar ...
ABA, ICBA join state associations in urging Senate to strengthen stablecoin yield provisions in Clarity Act
In a joint letter to Senate leaders, ABA, ICBA and 76 state associations representing thousands of community financial institutions across ...
Chair’s View: The fight for a fair game
ABA continues to be a staunch advocate for policies that encourage a level playing field within the financial services marketplace.
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