On July 18, 2025, President Trump signed into law the Guiding and Establishing National Innovation for U.S. Stablecoins Act (the “GENIUS Act”), after it passed both the U.S. Senate by a vote of 68-30 and the U.S. House in a...more
7/21/2025
/ Banking Sector ,
Banks ,
Cryptocurrency ,
Deposit Accounts ,
Digital Assets ,
Federal Reserve ,
Financial Institutions ,
Financial Services Industry ,
New Legislation ,
Nonbank Firms ,
Payment Systems ,
Popular ,
Regulatory Oversight ,
Regulatory Requirements ,
Risk Assessment ,
Stablecoins
The FDIC and OCC have rescinded policy statements adopted in 2024 that changed the ways each agency considered bank merger transactions and have reinstated their prior procedures for evaluating bank mergers. The FDIC on May...more
6/5/2025
/ Bank Merger Act ,
Banks ,
Cryptoassets ,
Cryptocurrency ,
Custody Rule ,
Deposit Accounts ,
FDIC ,
Federal Reserve ,
GAO ,
OCC ,
Regulatory Reform ,
Supervision