Tag: Digital assets

ABA is urging the CFPB’s current leadership to withdraw a proposed interpretive rule that would expand Electronic Fund Transfer Act ...

The FDIC rescinded earlier guidance urging banks to first contact the agency before engaging in crypto-related activities, part of a ...

The FDIC is drafting rulemaking to remove reputational risk from its bank supervision, several media outlets reported. The move follows ...

In comments to lawmakers, ABA offered three principles to guide the establishment of a regulatory framework for payment stablecoins.

The OCC published an interpretive letter rescinding the agency’s policy on bank engagement with cryptocurrency “to reaffirm that a range ...

The Federal Reserve does not prohibit nor discourage banks from providing banking services to any legal business, including cryptocurrency, Federal ...

In a letter to senators, ABA highlighted recent FDIC documentation showing that regulators discouraged banks from fully engaging with digital ...

Republican lawmakers on the House Financial Services Committee offered five recommendations to the FDIC on how to “clarify” digital asset ...

ABA joined the Bank Policy Institute and four other financial sector associations in voicing support for an initiative by President ...

Lawmakers should apply the principle of “same activity, same risk, same regulation” and ensure the resulting ecosystem operates with safeguards ...