Tag: Cryptocurrency

ABA said it was generally pleased with a proposal by the Financial Accounting Standards Board to revise accounting standards to ...

Stablecoin issuance is a monetary exercise comparable to what regulated banks do and should be supervised accordingly to ensure financial ...

Proposed legislation to establish a federal regulatory framework for stablecoins has merits but also contains several significant flaws, particularly in ...

How can community bank emerging leaders take initiative in innovation? Tim Shangle advises bankers to take small steps and explore ...

Many existing decentralized finance services covered by the Bank Secrecy Act fail to comply with anti-money laundering and counter-terrorism financing ...

Lawmakers and regulators should adhere to the principle of “same activity, same risk, same regulation” when developing a framework for ...

When it comes to crypto assets, banking regulators seek to strike a balance between providing enough room for technological innovation ...

The collapse of cryptocurrency exchange FTX happened in an international regulatory vacuum that allowed the firm to hide fraudulent activity ...

Rep. Patrick McHenry (R-N.C.) and Sen. Cynthia Lummis (R-Wyo.) this week asked the banking agencies for clarification regarding an April ...

“Banks continue to lead the way in responsible innovation in the financial services sector while nonbank crypto firms continue to ...