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States demand crypto lender cease interest-bearing accounts

Several states announced cease-and-desist actions against cryptocurrency lender Nexo alleging that its interest-bearing accounts function as an unlicensed security.

Sep 27, 2022
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Article
Digital Assets Technology

ICBA urging grassroots messages opposing Durbin Amendment expansion

With ICBA-opposed legislation to expand on the Durbin Amendment now introduced in both the House and Senate, ICBA is calling on community bankers to continue the grassroots campaign against the...

Sep 23, 2022
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Article
Lending Payments

Liang: Treasury-led CBDC group a work in progress

The Treasury Department is still working out the details of a Treasury-led interagency work group on considering the adoption of a U.S. central bank digital currency, Treasury Undersecretary Nellie...

Sep 21, 2022
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Article
Payments

As feds report on digital assets, ICBA poll suggests consumer skepticism

Following the Biden administration’s release of reports on digital assets policy, ICBA released new polling conducted by Morning Consult indicating consumers support a regulatory framework for...

Sep 19, 2022
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Article
Digital Assets Technology