Proposals in state legislatures target digital assets, CBDCs
At least 35 states have taken up proposed bills on cryptocurrency and other digital assets in 2024, with several states ...
Tag: Cryptocurrency
ABA, associations: Uphold congressional vote to overturn SEC treatment of crypto custody assets
ABA and three financial sector associations expressed support for a House attempt to overturn President Biden’s veto of a resolution ...
BCBS approves disclosure framework for banks’ cryptocurrency exposure
The committee set an implementation date for member jurisdictions of Jan. 1, 2026, and plans to publish details later this ...
Congress votes to overturn SEC treatment of crypto custody assets
The Senate voted 60-38 in favor of a House resolution to overturn a SEC staff accounting bulletin that changes the ...
ABA, associations urge Senate to overturn SEC treatment of crypto custody assets
ABA and three banking associations urged Senate leaders to support a House joint resolution to overturn a SEC staff accounting ...
ABA, associations urge House to overturn SEC treatment of crypto custody assets
In a letter to House leaders, ABA and three banking associations expressed their support for a joint resolution to overturn ...
ABA urges Basel Committee to modify changes to cryptoasset standard
ABA said that while the Basel Committee is moving in the right direction in seeking to clarify its standard on ...
FDIC’s Hill criticizes policy approach to digital assets, FHLB lending
There are significant downsides to the FDIC’s current regulatory approach to digital assets, which has contributed to the public perception ...
ABA supports resolution to overturn SEC crypto custody policy
ABA said it supports a proposed House joint resolution expressing congressional disapproval of a SEC policy on safeguarding cryptoassets.
The 2024 compliance outlook
Change is the only constant and banks’ processes must be fine-tuned to detect all that happens in a rapidly-transforming regulatory ...
