ICBA encouraged the Trump administration to ensure regulatory clarity for banks as it considers new policies on digital assets.
Level Playing Field: In a national news release, ICBA said a level regulatory playing field between the banking and crypto sectors as well as clear rules for permissible crypto-related products and services will support a more secure environment for consumers and the financial system.
Promoting Stability: “ICBA and community bankers nationwide look forward to working with the incoming Trump administration to ensure sound crypto regulations that promote financial stability, mitigate risks to consumers, and address national security risks,” ICBA President and CEO Rebeca Romero Rainey said.
ICBA Policy Agenda: Romero Rainey noted that ensuring effective digital assets regulation is a critical piece of ICBA’s ‘Repair, Reform, and Thrive’ plan and its recent open letter to the 119th Congress.