OCC proposes revising chartering rules for national trust institutions
The OCC is proposing to amend its chartering regulations to clarify that national banks limited to the operations of trust ...
Tag: Digital assets
Scott: Senate Banking Committee to vote on market structure bill next week
The Senate Banking Committee will vote next Thursday, Jan. 15, on a market structure bill to establish a regulatory framework ...
ABA, 52 state bankers associations urge Congress to close stablecoin interest loophole
ABA joined 52 state bankers associations in sending a joint letter to Congress urging lawmakers to clarify and enforce the ...
Fed rescinds guidelines for weighing crypto requests from non-FDIC insured banks
The Federal Reserve rescinded a 2023 statement on how it would evaluate requests from non-FDIC insured banks to engage in ...
FDIC proposes application process for banks seeking to issue stablecoins
The FDIC proposed rulemaking to establish a process under which banks and savings institutions can seek agency approval to issue ...
ABA questions OCC approval of trust charters for crypto companies
ABA President and CEO Rob Nichols said the OCC's approvals raise important questions about the scope and oversight of the ...
FinCEN penalizes crypto firm for BSA violations
FinCEN assessed a $3.5 million civil penalty against the former cryptocurrency services provider Paxful for Bank Secrecy Act violations and ...
OCC: National banks can engage in riskless principal crypto transactions
The OCC issued new guidance for agency staff stating that national banks may engage in riskless principal crypto-asset transactions.
OCC’s Gould skeptical of concerns about bank charters for crypto firms
Comptroller of the Currency Jonathan Gould dismissed concerns raised by bank advocates and others about allowing digital asset firms to ...
Podcast: The outlook for tech-forward community banking
Jon Sisk and Matt Lujano's banks couldn't be more different at first appearance, but the two community bank leaders share ...
