The U.S. Congress Joint Economic Committee (JEC) issued a report on the volatile digital asset market and the need for further protections to mitigate risks to investors and the U.S. financial system....
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The Bank Policy Institute (BPI) and The Clearing House (TCH) weighed in on two reports recently issued by the Financial Stability Board (FSB) on approaches for the oversight and regulation of digital ...
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U.S. Sens. Elizabeth Warren (D-MA) and Roger Marshall (R-KS) introduced legislation that seeks to mitigate the risks that cryptocurrency and other digital assets pose to the country’s national secur...
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Recently released Consumer Bankers Association (CBA) survey findings maintain consumers believe Congress and the Consumer Financial Protection Bureau (CFPB) should expand fintech and crypto firm regul...
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The Securities and Exchange Commission (SEC) charged FTX Trading co-founder and CEO Samuel Bankman-Fried with orchestrating a scheme to defraud equity investors. Since at least May 2019, FTX, base...
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The U.S. Office of the Comptroller of the Currency (OCC) released its Semiannual Risk Perspective for Fall 2022, highlighting some key issues facing the federal banking system. While economic growt...
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U.S. Sens. Elizabeth Warren (D-MA), Roger Marshall (R-KS), and John Kennedy (R-LA) are seeking answers from Silvergate Bank, the bank that reportedly facilitated the transfer of FTX customer funds to ...
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U.S. Reps. Tom Emmer (R-MN) and Patrick McHenry (R-NC) were among a group of House Republicans that reached out to the head of the Federal Reserve Bank of Boston about an initiative to research the de...
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A New York City man pled guilty this week to charges by the U.S. Attorney for the Southern District of New York of wire fraud. The man, Chet Stojanovich, pled guilty to defrauding more than a dozen...
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A group of Democratic senators is urging federal regulators to review the crypto trading activities of fintech bank SoFi. In a letter to Michael Barr, vice chair for supervision at the Federal Res...
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