On July 17, 2025, Congress passed the Guiding and Establishing National Innovation for U.S Stablecoins Act (“GENIUS Act” or “Act”) – a landmark piece of legislation that received bipartisan support and was signed into law by...more
7/30/2025
/ Blockchain ,
BSA/AML ,
CFTC ,
Commodity Exchange Act (CEA) ,
Cryptocurrency ,
Digital Assets ,
FDIC ,
Financial Institutions ,
Financial Regulatory Agencies ,
FinCEN ,
FinTech ,
NCUA ,
New Legislation ,
OCC ,
Regulatory Agenda ,
Regulatory Oversight ,
Securities and Exchange Commission (SEC) ,
Stablecoins
Here is the latest regarding the former Silicon Valley Bank of Santa Clara, California (“SVB”) and Signature Bank of New York, NY (“SB”) as of Monday, March 13, 2023 according to the FDIC and other regulators. We expect to...more
3/14/2023
/ Banks ,
Corporate Counsel ,
Deposit Accounts ,
Deposit Insurance ,
FDIC ,
Financial Contracts ,
HSBC ,
Insolvency ,
OCC ,
Receivership ,
Silicon Valley ,
Technology Sector ,
UK
On July 31, 2018, the OCC announced that it had finalized parameters for its new limited-purpose financial technology national bank charter and is ready to begin taking applications. This release follows several years of...more