Payments

Letters and Testimonies

Letters to Congress

Title Recipient Date
116th Congress 10/15/20
U.S. House Task Force on Financial Technology 09/29/20
Senate Banking and House Financial Services Committees 08/28/19
House Financial Services Committee 07/16/19
Senate Banking Committee 07/15/19
U.S. House of Representatives 02/28/19

Testimony

Title Committee Presenter Date
HSFC 09/29/20
House Financial Services Committee's Task Force on Financial Technology Robert A. Steen 09/26/19
Senate Banking Committee Robert A. Steen 09/25/19

Payments News

DOJ team to target crypto platforms

The Justice Department has launched a team to target cryptocurrency platforms that support money laundering, a top DOJ official said

Team: As reported by Cointelegraph, Deputy Attorney General Lisa Monaco said the new National Cryptocurrency Enforcement Team will draw on the expertise of cyber, money-laundering, and prosecutorial experts.

Sanctions: The Treasury Department last month announced the first-ever sanctions on a crypto exchange—Russia-based SUEX—as policymakers race to develop a regulatory structure for digital assets.

More: ICBA offers community bank primers on crypto and central bank digital currency.