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OCC clarifies cryptoasset guidance

The OCC clarified permissible bank activities related to cryptoasset custody and execution services.

May 08, 2025
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Article
Digital Assets

Fed maintains rates

The Federal Open Market Committee voted to maintain target interest rates at a range of 4.25% to 4.5%.

May 08, 2025
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Article
Federal Reserve

1071 rule remains on hold for community banks amid CFPB review

The Consumer Financial Protection Bureau’s 1071 small-business rule and its implementation deadlines remain on hold for ICBA community banks amid ongoing litigation and a bureau review of the rule.

May 06, 2025
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Article
Consumer Financial Protection Bureau (CFPB)

Following first acquisition in Montana, ICBA continues call for credit union tax

With the latest interstate acquisition of a community bank by tax-exempt credit unions extending into Montana, ICBA said it's time for the increasing criticism of credit union tax and regulatory...

May 05, 2025
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Article
Credit Unions