ABA: Fed decision grants crypto firm payment account creates risks for consumers
Kraken Financial has been granted a one-year, limited-purpose master account by the Kansas City Fed, the first crypto firm to ...
Tag: Genius Act
OCC releases proposed rule to implement payment stablecoin legislation
The OCC released a proposed rule to implement the Genius Act, including how it would handle the law’s prohibition on ...
FinCEN seeking nominations for Bank Secrecy Act advisory group
Treasury Department is "particularly interested" in nominations from community banks, and nominees who can offer insights on modernizing the BSA ...
Are payment stablecoins too risky to be used for payments?
Payment stablecoins are intended to be a payment method, but when used as a store of value, their supposed one-to-one ...
Podcast: The real difference between stablecoins and tokenized deposits
Tokenized deposits are often spoken of alongside stablecoins, but the digital asset types have significantly different features and designs.
ABA urges extension of Treasury’s Genius Act ANPRM comment period
Given the breadth and depth of the issues raised by the Genius Act and the importance of providing Treasury with ...
