Senators examine role of regulation in ‘debanking’
Republicans on the Senate Banking Committee blasted regulators for allegedly pressuring banks to cut off services to certain customers while ...
Tag: Digital assets
Senators introduce bill to create stablecoin regulatory framework
The Guiding and Establishing National Innovation for U.S. Stablecoins Act would establish procedures for institutions seeking licenses to issue stablecoins.
FDIC releases documents on crypto supervision of banks
FDIC Acting Chairman Travis Hill said documents show the agency sent signals to banks that it would be extraordinarily difficult ...
SEC repeals controversial crypto accounting rules for banks
The SEC issued a staff accounting bulletin reversing a previous bulletin that changed how banks and other publicly traded entities ...
White House orders review of regulations affecting crypto sector
President Trump issued an executive order creating a new working group to review regulation of the crypto asset sector and ...
SEC forms task force to explore crypto regulation
Acting SEC Chairman Mark Uyeda announced the formation of a new task force to develop “a comprehensive and clear regulatory ...
FDIC’s Hill outlines agency priorities in Trump administration
Acting Chairman Travis Hill promised to ditch recent changes to the FDIC’s process for reviewing proposed bank mergers and to ...
Scott unveils Senate Banking Committee priorities
Senate Banking Committee Chairman Tim Scott (R-S.C.) unveiled his list of committee priorities for the 119th Congress, which include re-examining ...
CFPB proposes expanding consumer protections to stablecoin, video game transactions
The CFPB proposed an interpretive rule to expand Electronic Fund Transfer Act protections to digital payment mechanisms, such as those ...
SEC’s Uyeda suggests agency withdraw staff bulletin on crypto assets
The Securities and Exchange Commission should withdraw a staff accounting bulletin that changed how banks and other publicly traded entities ...
