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Fed proposes debit card interchange cuts

The Federal Reserve Board issued a proposal to lower the maximum interchange fee that covered debit card issuers may receive for debit card transactions.

Oct 26, 2023
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Article

Fed’s Waller: CBDC pitch unconvincing

Federal Reserve Governor Christopher Waller said he has yet to be convinced there is a market failure that a central bank digital currency would resolve.

Oct 27, 2023
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Article

Gensler: Crypto investors no less deserving of securities protections

There is nothing about the crypto-asset securities markets that suggests investors and issuers are less deserving of the protections of U.S. securities laws, Securities and Exchange Commission...

Oct 26, 2023
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Article
Digital Assets

ICBA Statement on Federal Reserve Proposal on Debit Card Interchange

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on today’s Federal Reserve Board proposal to update Regulation II rules on...

Oct 25, 2023
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Article
XCards Debit Cards Interchange