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 ...
Tag: Digital assets
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 ...
The Clearing House to launch tokenized deposits system for banks
A group of the nation’s largest banks announced today that the Clearing House is launching an initiative to enable the ...
ABA survey: Americans strongly support prohibiting crypto companies from offering yield-like rewards for holding stablecoin
As Senate prepares to consider digital asset legislation, a national survey shows Americans support rules that protect the bank deposits ...
ABA seeks changes to proposed approval process for state stablecoin regulation
ABA offered several recommendations to improve a proposed rule governing what factors the Treasury Department will use to evaluate rules ...
ABA, associations urge regulators to fully account for stablecoin risks in annual report
Saying they are deeply concerned about the risk stablecoin payment issuers pose to the overall financial system, ABA and three ...
FDIC proposes Bank Secrecy Act, sanctions requirements for stablecoin issuers
The FDIC proposed a new rule to establish Bank Secrecy Act and sanctions compliance standards for stablecoin issuers regulated by ...
