Hispanic business group warns Clarity Act will harm local lending
A market structure bill for digital assets threatens to weaken the financial ecosystem supporting Hispanic-owned businesses by spurring the migration ...
Tag: Digital assets
ABA, associations: Updated crypto market structure bill still puts local lending at risk
The latest version of a proposed market structure bill for digital assets still puts at risk the local lending that ...
Nichols: ABA seeks ‘surgical’ changes to crypto market structure bill
ABA isn’t opposed to market structure legislation for digital assets but is seeking “tiny, surgical” changes to ensure the Genius ...
ABA, associations seek agency alignment on Genius Act implementation
The National Credit Union Administration should coordinate with the banking agencies to ensure that Genius Act implementation is substantially similar ...
ABA, ICBA join state associations in urging Senate to strengthen stablecoin yield provisions in Clarity Act
In a joint letter to Senate leaders, ABA, ICBA and 76 state associations representing thousands of community financial institutions across ...
ABA offers principles to guide changes to payments system access
As policymakers consider proposals related to payment system access, such as new chartering models and Federal Reserve account access, they ...
OCC proposes Bank Secrecy Act, sanctions requirements for stablecoin issuers
OCC proposed regulations to implement Bank Secrecy Act and sanctions requirements for payment stablecoin issuers. The rulemaking was issued in ...
FinCEN, banking agencies propose customer ID requirements for stablecoin issuers
FinCEN and the federal banking agencies released a proposed joint rule to establish customer identification program requirements for payment stablecoin ...
ABA urges OCC to coordinate with other regulators on stablecoin
The OCC needs to coordinate with other federal agencies to ensure that all stablecoin issuers are subject to the same ...
ABA seeks level playing field in stablecoin regulation
ABA urged the FDIC to harmonize its proposed rulemaking to implement the Genius Act with rules put forward by other ...
