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 ...
Tag: Stablecoin
ABA: Clarity Act needs further refinement
As Congress considers legislation to create a regulatory framework for digital assets, there remain areas of the bill that could ...
ABA, associations comment on proposed FDIC stablecoin issuer application process
ABA and four associations offered several recommendations for proposed FDIC rulemaking to establish a process by which subsidiaries of institutions ...
Senate Banking Committee advances Clarity Act
The Senate Banking Committee voted 15-9 to advance a market structure bill for digital assets. ABA and other groups continued ...
Senate Banking Committee releases text of crypto bill ahead of vote
The Senate Banking Committee released the text of a market structure bill for digital assets that will serve as the ...
Nichols calls on bankers to contact senators ahead of stablecoin vote
In a Sunday letter to bank CEOs, ABA President and CEO Rob Nichols urged bank leaders across the country to ...
ABA to Senate Banking: Refine Clarity Act’s stablecoin yield language
ABA and a coalition of financial trade associations asked the Senate Banking Committee to refine the proposed payment stablecoin yield ...
Podcast: How an Ohio banker talks with policymakers about stablecoin issues
As a community bank president and past chair of the Ohio Bankers League, Jenny Saunders has been part of many ...
ABA to Treasury: Extend comment deadline on Genius Act proposal for state regs
The associations also requested that Treasury clarify it will not penalize state regulators for filing an initial certification later than ...
Report: Senators reach deal on stablecoin yield
ABA and other banking trade groups characterized the deal as a step in the right direction but stressed that it ...
