| Title | Recipient | Date |
|---|---|---|
| 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 |
| Title | Recipient | Date |
|---|---|---|
| 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 |
| Title | Committee | Presenter | Date |
|---|---|---|---|
| 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 |
Aug. 01, 2022
The FDIC published a fact sheet to consumers and an advisory to financial institutions on FDIC deposit insurance and crypto companies.
Fact Sheet: The fact sheet says some crypto companies have misrepresented FDIC deposit insurance for crypto products and addresses common and emerging misconceptions. It notes that deposit insurance does not apply upon the failure of a nonbank and does not protect consumers with nondeposit products.
Advisory: The advisory reminds FDIC-insured banks dealing with crypto companies to confirm and monitor that these companies do not misrepresent the availability of deposit insurance.
Voyager Letter: The release follows a joint letter from the FDIC and Federal Reserve Board demanding that crypto brokerage firm Voyager Digital cease and desist from making false and misleading statements regarding its FDIC deposit insurance status.
Congressional Debate: With the crypto debate continuing in Congress, ICBA last week called on the Senate Banking Committee to ensure crypto regulations are comprehensive and effective. After ICBA previously expressed concerns that the House Financial Services Committee planned to take up last-minute crypto legislation that hasn’t been publicly vetted, the committee delayed the measure, as reported by The Wall Street Journal, Politico, and Reuters.
