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Blog post: the evolving domestic regulatory environment for digital assets

A new ICBA blog post discusses the pursuit of policy initiatives around digital assets by prudential regulators, the White House, and the Treasury Department.

Oct 24, 2023
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Article
Digital Assets

ICBA, groups urge Fed to reject changes to debit card interchange fees

ICBA and other groups urged the Federal Reserve Board to reject merchant requests for further changes to Regulation II governing debit card interchange fees during this week’s board meeting.

Oct 23, 2023
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Article

Agencies set to act on CRA, climate rulemakings

Federal agencies this week are set to act on Community Reinvestment Act reform and climate risk.

Oct 23, 2023
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Article
Federal Reserve Federal Deposit Insurance Corporation (FDIC)

Regulators extend comment deadlines on megabank capital proposals

Federal regulators extended the comment deadline on their proposal to implement stricter regulatory capital standards on banks over $100 billion in assets while the Federal Reserve collects...

Oct 23, 2023
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Article
Federal Reserve

New Letter: ICBA, Financial Trades Call on Fed to Reject Requests for Changes to Debit Card Interchange Fees

ICBA and a coalition that includes organizations representing the vast majority of federally-regulated financial institutions urged the Fed to reject merchant requests for further changes to...

Oct 20, 2023
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Article
Interchange

FinCEN proposes designating crypto mixers as money-laundering concern

The Financial Crimes Enforcement Network issued a proposed rule that identifies international convertible virtual currency mixing as a primary money-laundering concern.

Oct 20, 2023
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Article

CFPB issues 1033 proposal on sharing consumer data

The Consumer Financial Protection Bureau released its proposal to implement standards for sharing consumer financial data under Section 1033 of the Dodd-Frank Act.

Oct 20, 2023
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Article
Consumer Financial Protection Bureau (CFPB) Compliance

ICBA Statement on Today’s CFPB Proposed Rule on Sharing Consumer Financial Data

ICBA President and CEO Rebeca Romero Rainey issued the following statement on today’s Consumer Financial Protection Bureau proposal to implement Section 1033 standards for sharing consumer...

Oct 19, 2023
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Article
Consumer Financial Protection Bureau (CFPB)