Analysis examines crypto forecasts
Financial services company eToro recently examined 2023 crypto analyst projections, noting industry personnel maintains the new year could offer significant changes. eToro recently cited venture ca...
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Sen. Toomey introduces bill to regulate stablecoins
U.S. Sen. Pat Toomey (R-PA) introduced a bill this week to establish the first federal regulatory framework for payment stablecoins. Specifically, the bill seeks to encourage competition by author...
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JEC issues report on risks of digital assets
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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Bank Policy Institute, The Clearing House weigh in on Financial Stability Board digital asset reports
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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Sens. Warren, Marshall introduce bill to mitigate the security risks of digital assets
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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Poll examines fintech, crypto firm regulatory concerns
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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SEC files charges against FTX CEO Bankman-Fried
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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OCC report examines risks to the federal banking system
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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Sens. Warren, Marshall, Kennedy seek answers from Silvergate on FTX relationship
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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Rep. Emmer among lawmakers seeking answers from Boston Fed on CBDC project
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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