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ICBA Supports Bipartisan Bill to Establish Cannabis Banking Safe Harbor

ICBA today is reiterating its strong support for bipartisan, bicameral legislation that would establish a safe harbor from federal sanctions for financial institutions that serve cannabis-related...

May 09, 2023
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Article
Cannabis banking

Gruenberg: Efforts to expand banking access making an impact

FDIC research suggests that efforts to connect unbanked consumers to the banking system are having an effect, FDIC Chairman Martin Gruenberg said.

May 24, 2023
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Article
Community Bank Awareness Federal Deposit Insurance Corporation (FDIC)

Bowman: Policy response to bank failures shouldn’t undermine tiered regulation

Policymakers should ensure the response to recent bank failures does not undermine regulatory tailoring and risk-based supervision, Federal Reserve Governor Michelle Bowman said.

May 22, 2023
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Article
Lending Compliance

Wholesale CBDC could speed cross-border payments: N.Y. Fed report

A wholesale central bank digital currency could enable faster, simultaneous, and safer cross-border payments, according to a new report from the Federal Reserve Bank of New York and the Monetary...

May 22, 2023
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Article
Digital Assets