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Fed’s Waller: DeFi’s tech innovations could improve centralized finance

Federal Reserve Governor Christopher Waller said the technological innovations stemming from decentralized finance are largely complementary to centralized finance and can help improve it.

Oct 21, 2024
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Article

FDIC says DIF goal is ahead of schedule

The FDIC said the reserve ratio for the Deposit Insurance Fund remains on track to reach the statutory minimum of 1.35% as early as 2026, and ahead of the Amended Restoration Plan deadline of Sept....

Oct 18, 2024
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Article

Report: Stablecoins do not act as safe havens during crypto market stress

Stablecoins do not act as “safe havens” during crypto market stress, but their market capitalization drops after significant shocks, according to a Bank for International Settlements working paper.

Oct 18, 2024
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Article
Digital Assets

ThinkTECH Solutions Forum on data today

ICBA’s ThinkTECH Solutions Forum: Data is scheduled for noon (Eastern time) today. Community bankers can attend live or get the recording. Registration is free for ICBA members.

Oct 17, 2024
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Article

Independent Banker: ICBA continues amplifying concerns in stablecoin debate

As lawmakers continue to debate a regulatory framework for stablecoins, the latest Independent Banker magazine highlights how ICBA remains engaged to ensure that policymakers address the concerns...

Oct 16, 2024
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Article
Digital Assets

Agencies adjust HPML, Reg Z, and Reg M exemption thresholds

The agencies issued three annual threshold adjustment final rules, effective Jan. 1.

Oct 16, 2024
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Article
Agencies/Regulators  Compliance

ICBA supports FDIC proposal to enhance ILC oversight

ICBA expressed support for an FDIC proposed rule that would enhance oversight of industrial loan companies.

Oct 15, 2024
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Article

ICBA check fraud detection guide now available

ICBA’s Check Fraud Task Force published a guide that explains the solutions available to community banks to detect instances of check fraud.

Oct 15, 2024
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Article
Fraud