Bankers push OCC to slow crypto trust charters until GENIUS rules clarified
The American Bankers Association (ABA) is urging the Office of the Comptroller of the Currency (OCC) to slow its approval of national trust bank charters...
Tag : Bankers
US Bankers Warn Stablecoin Yield Workarounds Threaten Local Lending
In brief More than 200 community bank leaders have warned that crypto companies are exploiting regulatory gaps in the GENIUS Act. The ABA estimates up...
US Community Bankers Seek Changes to GENIUS Act Over Stablecoin Yield Concerns
A coalition of US community bankers is urging Congress to amend the GENIUS Act, arguing that the law contains a loophole that allows yield-generating stablecoins...