Banking groups seek more time for public input on Genius Act implementation
ABA joined three banking sector associations in requesting that the Treasury Department and FDIC tie the public comment period for ...
Tag: Digital assets
ABA recommends credit union regulator pause stablecoin rulemaking
The National Credit Union Administration should pause setting up a process through which credit unions can seek approval to issue ...
Treasury to share cybersecurity information with digital asset firms
The Treasury Department will offer digital asset firms the same cybersecurity information it shares with banks and other financial institutions, ...
White House report downplays risk to banks from stablecoin interest payments
A prohibition on paying interest or yield on payment stablecoins would do “very little” to protect bank lending “while forgoing ...
Agencies propose anti-money laundering, sanctions requirements for stablecoin issuers
The Financial Crimes Enforcement Network and Office of Foreign Asset Control jointly proposed a new rule to establish BSA and ...
FDIC proposes rulemaking to implement Genius Act
The FDIC board advanced proposed rulemaking to implement certain provisions of the Genius Act, including requirements for reserve assets, risk ...
FBI: Cybercrime losses increased 26% in 2025
Americans lost nearly $20.9 billion to cybercrime last year, representing a 26% surge from the year before, as scammers increasingly ...
States tighten reins on ‘crypto ATMs’
In recent months, multiple states have proposed and passed laws to tighten restrictions on convertible virtual currency kiosks, with Indiana ...
Proposed rule would give states ‘wide latitude’ to set stablecoin regulation
The Treasury Department proposed a new rule to establish what factors it will consider when stablecoin issuers request to be ...
Proposed rule would facilitate 401(k) plan investments in private equity, crypto
The Labor Department is proposing to allow 401(k) plan managers to rely on a new rule that provides a safe ...
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