FSB to Prioritize Transition to Post-Pandemic World, Digitalization, Climate Change
In a letter to G20 finance ministers and central banks governors today, the Basel, Switzerland-based Financial Stability Board outlined its ...
Tag: Cryptocurrency
FSB: Crypto Assets Could be Threat to Global Financial Stability
The crypto-asset market could reach a point where it presents a threat to global financial stability, according to a new ...
FTC: Romance Scam Losses Hit Record High in 2021
Romance scams are on the rise, with consumers losing $547 million to them in 2021 alone, according to new data ...
ABA Tells Congress Action Needed to Address Gaps in Stablecoin Regulation
In a statement for the record shared ahead of a House Financial Services subcommittee hearing on stablecoins today, the American ...
FDIC’s Gruenberg Flags Shift in Agency’s 2022 To-Do List
Following the departure of Jelena McWilliams from the FDIC, Acting Chairman Martin Gruenberg today outlined his agency’s shift in priorities ...
Researchers Release Initial Findings from Boston Fed, MIT CBDC Research Project
The Federal Reserve Bank of Boston and the Massachusetts Institute of Technology’s Digital Currency Initiative yesterday published a white paper ...
Why ABA Invested in NYDIG: Supporting Banks as They Help Customers Access Cryptocurrency
As more customers engage with cryptocurrency, they are increasingly looking to banks to help them safely hold these assets. Banks ...
Acting OCC Chief Advocates More Regulatory Structure for Cryptocurrency
The pace of innovation in crypto is exciting and industry growth is an opportunity for banks but regulation is needed, ...
U.S. Banks Form Consortium to Support Bank-Minted Stablecoin
Five FDIC-insured banks today announced the launch of the USDF Consortium, a group that was formed with the goal of ...
Podcast: From Crypto to Online Romance, How Money Mule Tactics Are Evolving
With the pandemic and other factors triggering growth in — and new dimensions of — “money mule” scams, how what ...
