On July 18, President Donald Trump signed into law the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act), creating the first federal framework for U.S. dollar stablecoins.
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7/24/2025
/ Banking Sector ,
Cryptocurrency ,
Digital Assets ,
Financial Institutions ,
Financial Services Industry ,
New Legislation ,
OCC ,
Regulatory Requirements ,
Stablecoins ,
State and Local Government ,
U.S. Treasury
On June 17, 2025, the U.S. Senate passed S. 1582 (GENIUS Act) with bipartisan support (68–30), creating the first comprehensive federal framework for stablecoin regulation. This landmark legislation establishes clear...more
6/19/2025
/ Blockchain ,
Corporate Issuers ,
Cryptocurrency ,
Depository Institutions ,
Digital Assets ,
Federal Reserve ,
FinTech ,
OCC ,
Pending Legislation ,
Popular ,
Regulatory Agenda ,
Stablecoins ,
Startups ,
U.S. Treasury
Bank-fintech partnerships have transformed the financial services landscape, creating new opportunities and challenges for traditional banking institutions and innovative technology companies alike. In a typical arrangement,...more
5/30/2025
/ Anti-Money Laundering ,
Banks ,
BSA/AML ,
Enforcement Actions ,
Enforcement Authority ,
Federal Reserve ,
Financial Services Industry ,
FinTech ,
New Regulations ,
OCC ,
Patriot Act ,
Regulatory Oversight ,
Regulatory Requirements ,
Risk Management ,
Third-Party Risk
On March 7, 2025, the Office of the Comptroller of the Currency (OCC) published Interpretive Letter 1183, which is expected to clarify and streamline national banks’ ability to engage in cryptocurrency activities....more