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Hsu calls for stablecoin standard-setting initiative
Hsu calls for stablecoin standard-setting initiative Acting Comptroller of the Currency Michael Hsu issued a statement calling for a joint effort to develop standards for stablecoin...
Senate approves Brainard for Fed vice chair
The Senate voted 52-43 to approve Federal Reserve Governor Lael Brainard’s nomination for Fed vice chair.
Banking Associations Raise ‘Significant Concerns’ with Proposed Changes to Fed Master Account Guidelines
A coalition of banking associations responded today to the Board of Governors of the Federal Reserve as it seeks to establish guidelines for how institutions applying for a Fed master account will...
OCC penalizes converted crypto bank
The OCC issued a consent order against Anchorage Digital Bank, one of the first crypto firms to receive conditional approval for a national trust charter.