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DOJ team to target crypto platforms

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 The Justice Department has...

Oct 07, 2021
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Article
Digital Assets Technology

Global regulators issue guidance on stablecoin oversight

Global regulators issue guidance on stablecoin oversight Central bankers and international securities regulators issued guidance on how financial market principles would apply to stablecoins....

Oct 07, 2021
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Article
Digital Assets Technology

WSJ editorial targets IRS reporting plan

WSJ editorial targets IRS reporting plan ICBA’s campaign against the reconciliation package’s IRS reporting proposal picked up additional steam with a Wall Street Journal editorial opposing the...

Oct 06, 2021
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Article
Taxes & Budget

Quarles: LIBOR definitely expiring at year-end

Quarles: LIBOR definitely expiring at year-end Market participants should act now to accelerate their transition away from LIBOR, Federal Reserve Vice Chair for Supervision Randal Quarles said....

Oct 06, 2021
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Article
Lending

Financial Stability Board issues stablecoin progress report

Financial Stability Board issues stablecoin progress report The Financial Stability Board issued a progress report on its implementation of high-level recommendations on regulating “global...

Oct 08, 2021
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Article
Digital Assets Technology

ICBA Offers Cybersecurity Tips to Help Safeguard Sensitive Data ​

ICBA Offers Cybersecurity Tips to Help Safeguard Sensitive Data ​ ICBA and the nation’s community banks are reminding consumers of simple actions they can take during Cybersecurity Awareness Month...

Oct 05, 2021
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Article
Consumer Financial Protection Bureau (CFPB)

Administration planning crypto charter proposal: report

Administration planning crypto charter proposal: report The Biden administration’s upcoming report on digital assets will include recommendations on imposing bank-like regulation on crypto...

Oct 04, 2021
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Article
Digital Assets Technology

ICBA Congratulates Consumer Financial Protection Bureau Director Rohit Chopra on Confirmation

ICBA Congratulates Consumer Financial Protection Bureau Director Rohit Chopra on Confirmation Independent Community Bankers of America President and CEO Rebeca Romero Rainey issued the following...

Oct 01, 2021
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Article
Consumer Financial Protection Bureau (CFPB)