The board of the Federal Deposit Insurance Corporation (FDIC) approved a notice of proposed rulemaking related to the Bank Secrecy Act (BSA). Specifically, the proposed rule would implement Bank Se...
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The Independent Community Bankers of America (ICBA) is urging the U.S. Office of the Comptroller of the Currency to rescind or suspend its conditional approval of Coinbase Global’s application for a...
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The U.S. Senate Banking Committee advanced legislation last week that seeks to establish clear rules for digital assets. The Digital Asset Market Clarity Act (H.R. 3633) seeks to provide market par...
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The American Bankers Association, among other financial trade associations, are urging Senate Banking Committee leaders to make technical refinements to the stablecoin bill, the CLARITY Act. Specif...
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State Street Investment Management and Galaxy Asset Management recently announced the launch of the State Street Galaxy Onchain Liquidity Sweep Fund, a tokenized private liquidity fund designed to ena...
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A group of 53 state bankers associations recently sent a comment letter to the Office of the Comptroller of the Currency urging the agency to strengthen its proposed rule implementing the GENIUS Act. ...
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U.S. Sens. Elizabeth Warren (D-MA) and Chris Van Hollen (D-MD) expressed concerns over a recent Securities and Exchange Commission (SEC) interpretive release that grants exemptions from federal securi...
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A coalition of more than 120 digital asset companies and organizations recently sent a letter to the U.S. Senate Committee on Banking, Housing, and Urban Affairs, urging it to move forward with a mark...
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The Maine Bankers Association, an advocacy group advancing the interests of its members, and Stablecore, a platform enabling community and regional banks to offer stablecoins, tokenized deposits and d...
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The U.S. Department of the Treasury’s Office of Cybersecurity and Critical Infrastructure Protection (OCCIP) launched a new initiative to strengthen cybersecurity in the digital asset industry. T...
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