|Letter Opposing House Interchange Bill||House||09/21/22|
|ICBA Letter Opposing Credit Card Competition Act||Senate||08/31/22|
|Letter on Stablecoin Legislation||House Financial Services Committee||07/22/22|
|Joint State Trades Letter to the Senate Judiciary Committe Interchange Hearing||Senate Judiciary Committee||05/04/22|
|Joint Letter for Senate Interchange Hearing||Senate Judiciary Committee||05/02/22|
|Support for Senate CBDC, FedAccount Bill||Sens. Cruz, Braun, Grassley||04/04/22|
|Support for House CBDC, FedAccount Bill||Rep. Tom Emmer||04/04/22|
|Joint Trades Credit Interchange Cap Letter||Congress||07/27/21|
|Hill Payments Charter Letter||116th Congress||10/15/20|
|Hill Payments Charter Letter 9.29||U.S. House Task Force on Financial Technology||09/29/20|
|Comments on Treasury Digital Assets Request||Treasury Department||08/08/22|
|Comments on Credit Card Late Fees||CFPB||08/01/22|
|Comments on Digital Assets Oversight||Commerce Department||06/29/22|
|Comments on CBDC Consultation Paper||Federal Reserve||05/20/22|
|Comments on Fed Accounts Supplemental Proposal||Federal Reserve Board||04/22/22|
|Comments on Remittance Transfer Rule||CFPB||04/08/22|
|Joint Letter on Interchange||Federal Reserve Board||02/01/22|
|Fedwire ISO 20022 Comment Letter||Federal Reserve Board||01/03/22|
|Letter to Boston Fed on FedNow||Federal Reserve Bank of Boston||12/10/21|
|Joint Letter on Payment Chip Disruptions||Commerce Department||11/09/21|
|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|
|The Future of Real-Time Payments||House Financial Services Committee's Task Force on Financial Technology||Robert A. Steen||09/26/19|
July 22, 2022
Federal law enforcement officials announced the first-ever insider trading tipping indictment involving cryptocurrency.
Details: The Justice Department indictment targets a former Coinbase product manager, who allegedly shared confidential listing information with associates to place profitable trades ahead of public listing announcements.
SEC Complaint: The Securities and Exchange Commission’s complaint in the case lists nine cryptocurrencies it says are securities—AMP, RLY, DDX, XYO, RGT, LCX, POWR, DFX, and KROM—adding to the ongoing policy debate over crypto regulation, which remains unsettled.
CFTC Dissent: The Commodity Futures Trading Commission took notice of the SEC’s action. In a dissent, CFTC Commissioner Caroline Pham said the SEC complaint is an example of “regulation by enforcement” with broad implications that require regulators to work together on open policy questions.
ICBA Position: ICBA has repeatedly called on policymakers to bring digital assets within the regulatory perimeter—including in a recent comment letter to the Commerce Department—and recently published a series of blog posts on the collapse of TerraUSD, its ongoing impact on financial markets, and how it affects community banks and the regulatory debate.