The proposals align with Trump administration policy by emphasizing supervision of material and quantifiable financial risks....more
10/27/2025
/ Banking Regulators ,
Banking Sector ,
Executive Orders ,
FDIC ,
Notice of Proposed Rulemaking (NOPR) ,
OCC ,
Public Comment ,
Risk Assessment ,
Risk Management ,
Supervision ,
Trump Administration
The first of what may be a series of crypto no-action letters supports the view that programmatic token distributions serving as network incentives are not securities....more
OCC Bulletins 2025-22 and 2025-23 clarify the agency’s approach to evaluating banks’ compliance with fair banking practices and protecting customers’ financial records....more
The request for comment aims to help Treasury devise clear guidelines for stablecoin issuers, promote international coordination, and protect consumers from potential risks....more
9/30/2025
/ Advanced Notice of Proposed Rulemaking (ANPRM) ,
Anti-Money Laundering ,
Comment Period ,
Cross-Border Transactions ,
Cryptocurrency ,
Digital Assets ,
Economic Sanctions ,
New Legislation ,
Proposed Regulation ,
Stablecoins ,
U.S. Treasury
The agencies pledge to “usher in a new era of innovation” through a collaboration on rules and exemptions that aims to provide digital asset markets with clarity....more
9/16/2025
/ CFTC ,
Commodities ,
Cryptoassets ,
Decentralized Finance (DeFi) ,
Digital Assets ,
FinTech ,
Foreign Boards of Trade (FBOT) ,
Harmonization Rules ,
Proposed Rules ,
Regulatory Agenda ,
Regulatory Requirements ,
Securities and Exchange Commission (SEC)
The FDIC seeks to avoid overburdening financial services providers with regulations regarding its logo after assessing market feedback and implementation issues....more
9/8/2025
/ Advertising ,
Banking Sector ,
Comment Period ,
Depository Institutions ,
Disclosure Requirements ,
FDIC ,
Insured Depository Institutions ,
Logos ,
Notice of Proposed Rulemaking (NOPR) ,
Online Banking ,
Proposed Rules ,
Regulatory Reform ,
Signs
DOJ will focus on criminal intent over mere code creation, seeking to balance legal accountability with support for innovation....more
9/3/2025
/ Criminal Prosecution ,
Decentralized Finance (DeFi) ,
Department of Justice (DOJ) ,
Digital Assets ,
Enforcement Actions ,
FinCEN ,
Intent ,
Money Laundering ,
Money Transmitter ,
Regulatory Reform ,
Software Developers
The Staff provides the market with additional crypto clarity, holding that liquid staking does not qualify as a security under the Howey test....more
8/18/2025
/ Blockchain ,
Cryptoassets ,
Cryptocurrency ,
Decentralized Finance (DeFi) ,
Howey ,
Investment Contract ,
New Guidance ,
Regulatory Requirements ,
Securities Act of 1933 ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act of 1934
Regulators are directed to avoid reputation risk, identify banks that have engaged in unlawful debanking, and take appropriate remedial actions. ...more
8/15/2025
/ Anti-Discrimination Policies ,
Banking Sector ,
Banks ,
ECOA ,
Enforcement Actions ,
Executive Orders ,
Fair Lending ,
Financial Institutions ,
Financial Regulatory Agencies ,
FTC Act ,
Regulatory Oversight ,
Regulatory Reform ,
Reputation Management ,
Trump Administration
The report reflects collaboration across federal agencies and aims to establish US leadership in digital assets through forward-thinking policy and a clear regulatory framework....more
8/11/2025
/ Banking Regulators ,
Blockchain ,
Central Bank Digital Currency (CBDCs) ,
CFTC ,
Digital Assets ,
Executive Orders ,
FinTech ,
Regulatory Agenda ,
Securities and Exchange Commission (SEC) ,
Stablecoins ,
Trump Administration ,
U.S. Treasury ,
Working Groups
As the SEC unveils a strategic plan to modernize securities regulations and drive US leadership in blockchain integration within financial markets, the CFTC launches a corresponding “crypto sprint.”...more
On July 18, 2025, President Trump signed into law the Guiding and Establishing National Innovation for US Stablecoins Act (the GENIUS Act), legislation that establishes a regulatory framework for payment stablecoins. ...more
7/25/2025
/ CFTC ,
Commodities ,
Cryptocurrency ,
Digital Assets ,
Digital Currency ,
Federal Reserve ,
Financial Markets ,
New Legislation ,
OCC ,
Regulatory Requirements ,
Securities ,
Securities and Exchange Commission (SEC) ,
Stablecoins ,
U.S. Treasury
Banking organizations safekeeping digital assets for customers must do so in a safe and sound manner and in compliance with applicable laws and regulations....more
7/18/2025
/ Bank Secrecy Act ,
Banking Sector ,
Banks ,
BSA/AML ,
Cryptocurrency ,
Custodians ,
Digital Assets ,
FDIC ,
Federal Reserve ,
Financial Institutions ,
Joint Statements ,
OCC ,
Office of Foreign Assets Control (OFAC) ,
Regulatory Requirements ,
Risk Management
The Staff highlighted disclosure-related observations and issues identified during reviews of digital asset ETP filings.
On July 1, 2025, the Securities and Exchange Commission’s (SEC’s) Division of Corporation Finance...more
7/16/2025
/ Compliance ,
Corporate Governance ,
Cryptoassets ,
Digital Assets ,
Disclosure Requirements ,
Exchange-Traded Products ,
Financial Markets ,
Investment Companies ,
Policy Statement ,
Reporting Requirements ,
Risk Factors ,
Securities and Exchange Commission (SEC)
The proposal aims to free up large bank balance sheets and promote US Treasury market intermediation, which the current regulations may hinder....more
7/9/2025
/ Banking Regulators ,
Banks ,
Capital Requirements ,
Depository Institutions ,
Deregulation ,
FDIC ,
Federal Reserve ,
Financial Regulatory Reform ,
Global Systemically Important Banks (G-SIBs) ,
Leverage Ratio ,
OCC ,
Proposed Rules ,
Public Comment ,
Regulatory Reform ,
U.S. Treasury
The Staff clarifies that protocol staking does not qualify as a security under the Howey Test, clearing the way for market participants to engage in staking....more
6/16/2025
/ Blockchain ,
Crypto Exchanges ,
Cryptoassets ,
Digital Assets ,
Howey ,
Investment Contract ,
Market Participants ,
Regulatory Requirements ,
Securities Act of 1933 ,
Securities Exchange Act ,
Securities Regulation ,
Stablecoins ,
Unregistered Securities
The SEC’s dismissal of recent “unregistered dealer” enforcement actions cements a scaling back of the dealer definition and reflects a policy shift from the prior SEC....more
The Staff’s most recent actions continue to set the stage for notice-and-comment rulemaking long-awaited by the digital asset industry....more
The OCC is restoring its former practices and policies under the Bank Merger Act to reinstate expedited merger reviews and streamlined business combination applications....more
5/19/2025
/ Acquisitions ,
Bank Merger Act ,
Banking Sector ,
Biden Administration ,
Expedited Actions Process ,
Financial Institutions ,
Interim Final Rules (IFR) ,
Mergers ,
OCC ,
Rescission ,
Trump Administration
The federal banking agencies continue to open the channels for regulated entities to engage in digital asset activities.
On May 7, 2025, the Office of the Comptroller of the Currency (OCC) published Interpretive Letter...more
5/12/2025
/ Banking Sector ,
Banks ,
Cryptocurrency ,
Custody ,
Digital Assets ,
Financial Institutions ,
Interpretive Letters ,
New Regulations ,
OCC ,
Outsourcing ,
Regulatory Requirements ,
Risk Management
FRB eases crypto restrictions on supervised entities in alignment with the new administration’s support for the digital asset industry....more
5/5/2025
/ Banking Sector ,
Cryptocurrency ,
Digital Assets ,
FDIC ,
Federal Reserve ,
Financial Regulatory Reform ,
FinTech ,
FRB ,
OCC ,
Regulatory Oversight ,
Regulatory Reform
The Staff noted that a stablecoin generally is not subject to SEC jurisdiction if it is not an investment and used solely for commercial activity....more
4/25/2025
/ Digital Assets ,
FinTech ,
Howey ,
Popular ,
Regulatory Oversight ,
Regulatory Requirements ,
Reves Test ,
Securities Act of 1933 ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act ,
Securities Regulation ,
Stablecoins
On April 10, 2025, the Securities and Exchange Commission’s (SEC’s) Division of Corporation Finance (the Staff) published a Statement on Offerings and Registrations of Securities in the Crypto Asset Markets (the Statement)....more
In light of ongoing litigation and the Trump administration’s new policy approach, federal banking agencies intend to rescind the 2023 CRA final rule and revert to pre-2023 standards....more
4/8/2025
/ Banking Regulators ,
Banking Sector ,
Biden Administration ,
Community Reinvestment Act ,
FDIC ,
Federal Reserve ,
Final Rules ,
Judicial Authority ,
OCC ,
Regulatory Reform ,
Trump Administration
The Staff Statement provides clarity that Proof-of-Work crypto mining does not involve securities, reducing regulatory uncertainty and enforcement risks for miners....more