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CFTC panel to meet on crypto taxonomy

The Commodity Futures Trading Commission said its Global Markets Advisory Committee will meet next month on digital assets and other issues.

Feb 22, 2024
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Article
Digital Assets

Fed researchers say CBDC wouldn’t disrupt U.S. dollar’s role

Federal Reserve researchers said a U.S. central bank digital currency would likely have only a marginal impact on the international role of the U.S. dollar and the role of U.S. payment systems in...

Feb 21, 2024
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Article
Federal Reserve

Agencies disrupt LockBit ransomware group

The U.S. and U.K. governments said they have successfully disrupted LockBit, one of the world’s most active ransomware groups.

Feb 21, 2024
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Article
Cybersecurity

Barr: Larger banks face increased scrutiny in the wake of SVB

Federal Reserve Vice Chair for Supervision Michael Barr said Friday that bank supervisors are increasing scrutiny for larger banks in the wake of Silicon Valley Bank’s failure due in part to large...

Feb 20, 2024
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Article

ICBA continues grassroots push on several bills

While Congress is out for the Presidents’ Day recess, ICBA continues calling on community bankers to use its Be Heard grassroots action center to urge lawmakers to support several pro-community...

Feb 20, 2024
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Article
Grassroots/Be Heard

ICBA Celebrates Success of Regulator and Core Days in Advancing Community Banking Innovation

The Independent Community Bankers of America® (ICBA) recently celebrated the successful conclusion of two important events during its current ThinkTECH Accelerator cohort (AP6), Regulator Day and...

Feb 16, 2024
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Article
Payments

Durbin announces hearing on credit card routing bill

With Senate Judiciary Committee Chair Dick Durbin (D-Ill.) announcing a hearing on ICBA-opposed legislation to impose credit card routing restrictions, ICBA is calling on community bankers to urge...

Feb 14, 2024
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Article
Compliance Interchange

Waller discounts crypto, Chinese threats to dollar dominance

Federal Reserve Governor Christopher Waller said he does not expect the U.S. dollar to lose its status as the world's reserve currency due to challenges from cryptocurrencies and the Chinese renminbi.

Feb 16, 2024
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Article
Digital Assets