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| Title | Recipient | Date |
|---|---|---|
| Comments on Basel Cryptoasset Standard Amendments | Basel Committee on Banking Supervision | 03/28/24 |
| Freedom of Information Act Request on CBDC Authority | Federal Reserve, Justice Department, Treasury Department | 03/22/24 |
| Joint Trade Statement on ISO 20022 Standards | BIS Committee on Payments and Market Infrastructures | 02/28/24 |
| Disclosure of Cryptoasset Exposures | Letter to Regulators | 01/30/24 |
| ICBA Comment Letter for FinCEN Cryptocurrency Mixer Proposal | FinCEN | 01/23/24 |
| Joint Extension Request on Fed Debit Card Interchange Price Cap | Federal Reserve | 11/27/23 |
| Comments on Proposed Tax Treatment of Digital Assets | IRS | 11/13/23 |
| Joint Trades Letter on Reg II Board Meeting | Federal Reserve | 10/20/23 |
| Response to IOSCO DeFi Policy Recommendations | IOSCO | 10/18/23 |
| Joint Letter on Mortgage Rates | White House, Treasury Department | 10/12/23 |
| Title | Committee | Presenter | Date |
|---|---|---|---|
| Statement for House Hearing on Central Bank Digital Currency Risks | House Subcommittee on Digital Assets, Financial Technology and Inclusion | Written Statement | 09/13/23 |
| Effective Regulation of Crypto Assets | Senate Banking Committee | Written Statement | 02/13/23 |
| Statement for Senate Crypto Hearing | Senate Banking Committee | Written Statement | 07/28/22 |
| Hearing Statement on Central Bank Digital Currency | House Financial Services Committee | Written statement | 05/25/22 |
| Enhanced Regulation of Digital Assets Will Promote Responsible Innovation | Senate Banking Hearing | 02/15/22 | |
| Statement for House Hearing on Stablecoins | House Financial Services Committee | Written statement | 02/08/22 |
| Statement for Senate Stablecoin Hearing | Senate Banking Committee | Written Statement | 12/14/21 |
| Statement for House Hearing on Digital Assets | House Financial Services Committee | Written statement | 12/07/21 |
| ICBA Statement for HFSC Fintech Hearing 9-29-2020 | HSFC | 09/29/20 |
April 16, 2021
ACH Network volume soared in the first quarter—increasing by 11.2 percent to 7.1 billion payments in compared to the first quarter of 2020 and setting two new records, Nacha reported.
Same Day ACH volume, meanwhile, increased 88 percent in the first quarter with a corresponding value of $187.6 billion—a 133 percent increase over the first quarter of 2020. The number of Same Day ACH payments also passed the 1 billion mark with total transactions since inception valued at $1 trillion.
Details: The first record was set in February, when ACH volume averaged more than 118 million payments per day—the ACH Network’s highest daily average for a month. The second milestone was in March, when ACH volume hit 2.7 billion payments, the largest monthly volume in ACH Network history. This included approximately 110 million Economic Impact Payments by direct deposit from the federal government.
More: Nacha recently approved an increase of the Same Day ACH dollar threshold from $100,000 to $1 million, effective March 18, 2022.