ABA urges technology-neutral regulation of tokenization
Regulations governing tokenization should be risk based and technology neutral, and they should allow banks to use distributed ledger technology ...
Tag: Digital assets
Treasury Department: NFTs at high risk for fraud and scams
Non-fungible tokens are highly susceptible to use in fraud and scams, and the digital assets can be stolen from victims, ...
House passes bill to prevent Fed from issuing a CBDC
The House voted 216-192 in favor of a bill to prohibit the Federal Reserve from issuing a central bank digital ...
Fed survey: Unbanked status continues to vary among income, ethnic groups
While 94% of U.S. adults have a bank account, notable differences remain among different income and ethnic groups, the Federal ...
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.
