OCC’s Hsu Warns of Increased Recession Risk
Acting Comptroller of the Currency Michael Hsu today told attendees at ABA Risk 2022 that Russia’s invasion of Ukraine could ...
Tag: Cryptocurrency
Fintech, Climate Change Rank High on FSB’s 2022 To-Do List
The Financial Stability Board today outlined its work priority areas for 2022, including a timeline for the publication of a series ...
Treasury Official: Russian Invasion Prompts Need to Rethink ‘Culture of Compliance’
Speaking at an industry event today, Elizabeth Rosenberg, assistant secretary for terrorist financing and financial crimes at the Treasury Department, ...
OCC’s Hsu Says Crypto Education Urgently Needed
Acting Comptroller of the Currency Michael Hsu told the Financial Literacy and Education Commission that there is “an urgent need ...
Biden Signs Executive Order to Advance Digital Assets, Explore CBDC
President Biden today signed a long-awaited executive order directing government agencies to take “concrete steps” to advance the use of ...
Rep. McHenry: Congress Must Lead on CBDC
Speaking at the American Bankers Association Washington Summit today House Financial Services Committee Ranking Member Patrick McHenry (R-N.C.) outlined his ...
Crypto, Stablecoins Top Rep. Waters’ Agenda for 2022
The House Financial Services Committee will increase its focus on cryptocurrencies, including stablecoins, in 2022, Committee Chairwoman Maxine Waters (D-Calif.) ...
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 ...
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 ...
