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Tether stablecoin—a destination for scammed funds—tops $100B

The unregulated Tether stablecoin reached $100 billion in circulation this week amid rising demand for cryptocurrencies, Reuters reported.

Mar 06, 2024
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Article
Digital Assets

ICBA Statement on CFPB Rulemaking on Credit Card Late Fees

Independent Community Bankers of America President and CEO Rebeca Romero Rainey released the following statement on today’s Consumer Financial Protection Bureau final rule on credit card fees for...

Mar 05, 2024
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Article
Consumer Financial Protection Bureau (CFPB) Compliance Credit Cards

ICBA Statement on White House Comments on Overdraft, Credit Card Services

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey released the following statement on today’s White House comments on overdraft and credit card services ahead...

Mar 07, 2024
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Article
Overdraft Services

CFPB finalizes rule on credit card late fees with community bank exemption

ICBA said it remains concerned about the unintended consequences of a newly released Consumer Financial Protection Bureau final rule to cut credit card late fees despite an exemption for the...

Mar 06, 2024
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Article
Consumer Financial Protection Bureau (CFPB) Compliance