Regulations under the GENIUS Act continued to advance. FinCEN and OFAC issued a joint proposed rule that would implement the GENIUS Act’s requirement that stablecoin issuers be treated as financial institutions under the Bank...more
4/14/2026
/ AML/CFT ,
Anti-Money Laundering ,
Bank Secrecy Act ,
CFTC ,
Cryptocurrency ,
Digital Assets ,
FDIC ,
FinCEN ,
Notice of Proposed Rulemaking (NOPR) ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Preliminary Injunctions ,
Proposed Rules ,
Securities and Exchange Commission (SEC) ,
Stablecoins ,
The GENIUS Act
The SEC issued a landmark interpretive release clarifying how federal securities laws apply to certain crypto assets and related transactions, with the CFTC joining the SEC’s interpretation. At the D.C. Blockchain Summit, SEC...more
3/24/2026
/ Blockchain ,
CFTC ,
Cryptoassets ,
Cryptocurrency ,
Digital Assets ,
Digital Securities ,
Enforcement Actions ,
New Legislation ,
No-Action Letters ,
Proposed Rules ,
Regulatory Reform ,
Safe Harbors ,
Securities and Exchange Commission (SEC) ,
Stablecoins ,
Tokenization
The SEC and CFTC released a Memorandum of Understanding to guide coordination and collaboration between the two agencies. SEC Chairman Paul Atkins stated that he expects the Commission to soon consider an innovation exemption...more
3/16/2026
/ CFTC ,
Cryptoassets ,
Digital Assets ,
FDIC ,
Federal Reserve ,
FinTech ,
Memorandum of Understanding ,
OCC ,
Regulatory Reform ,
Securities and Exchange Commission (SEC) ,
Stablecoins ,
Tokenization ,
U.S. Treasury
To implement the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, the Office of the Comptroller of the Currency (OCC) issued on Feb. 25 a notice of proposed rulemaking regarding the issuance of...more
3/12/2026
/ Banking Sector ,
Digital Assets ,
Financial Institutions ,
Financial Services Industry ,
FinTech ,
OCC ,
Payment Systems ,
Proposed Rules ,
Regulatory Oversight ,
Regulatory Requirements ,
Rulemaking Process ,
Stablecoins ,
The GENIUS Act
Federal financial regulators and lawmakers continued advancing digital asset and capital markets policy this week. The Office of the Comptroller of the Currency (OCC) released a proposed rule to implement the GENIUS Act,...more
3/3/2026
/ Accredited Investors ,
Capital Markets ,
CFTC ,
Comment Period ,
Cryptoassets ,
Digital Assets ,
Federal Reserve ,
Initial Public Offering (IPO) ,
Notice of Proposed Rulemaking (NOPR) ,
OCC ,
Proposed Legislation ,
Public Comment ,
Regulatory Reform ,
Securities and Exchange Commission (SEC) ,
Stablecoins ,
The GENIUS Act
The White House Crypto Policy Council convened a second meeting with representatives from the crypto industry and traditional finance to continue negotiations over the treatment of stablecoin yield in digital asset market...more
2/18/2026
/ CFTC ,
Cryptocurrency ,
Digital Assets ,
Federal Reserve ,
FinTech ,
NCUA ,
Notice of Proposed Rulemaking (NOPR) ,
Popular ,
Regulatory Oversight ,
Regulatory Reform ,
Securities and Exchange Commission (SEC) ,
Stablecoins ,
The GENIUS Act ,
Tokenization
The White House Crypto Policy Council convened a meeting with executives and trade associations representing both the crypto industry and traditional financial institutions to discuss legislation on digital asset market...more
2/10/2026
/ CFTC ,
Commodity Futures Contracts ,
Cryptocurrency ,
Digital Assets ,
FDIC ,
No-Action Letters ,
Popular ,
Proposed Legislation ,
Rulemaking Process ,
Stablecoins ,
The GENIUS Act ,
U.S. Treasury
The Senate Agriculture Committee voted 12–11 to advance its version of the digital asset market structure bill out of committee. Although it was a party-line vote, members on both sides of the aisle emphasized a continued...more
2/3/2026
/ CFTC ,
Cryptocurrency ,
Digital Assets ,
Federal Reserve ,
New Guidance ,
Presidential Nominations ,
Proposed Legislation ,
Regulatory Oversight ,
Regulatory Reform ,
Rulemaking Process ,
Securities and Exchange Commission (SEC) ,
Senate Committees ,
Stablecoins ,
Tokenization
The Senate Banking Committee delayed its scheduled markup of the digital asset market structure legislation as bipartisan negotiations continue. A key point of contention is a provision prohibiting digital asset service...more
1/21/2026
/ Blockchain ,
CFTC ,
Digital Assets ,
FinTech ,
Notice of Proposed Rulemaking (NOPR) ,
NPRM ,
NYSE ,
OCC ,
Proposed Legislation ,
Proposed Rules ,
Securities and Exchange Commission (SEC) ,
Senate Banking Committee ,
Stablecoins ,
The GENIUS Act ,
Tokenization
The Senate Banking Committee is targeting Jan. 15 for the committee to mark up its portion of the digital asset market structure legislation. In anticipation of the markup, Senate Banking Republicans circulated a proposal to...more
1/13/2026
/ Blockchain ,
CFTC ,
Cryptocurrency ,
Digital Assets ,
Federal Reserve ,
Financial Industry Regulatory Authority (FINRA) ,
FinTech ,
New Legislation ,
Proposed Legislation ,
Senate Banking Committee ,
Senate Committees ,
Stablecoins
On digital asset market structure legislation, senators met with crypto industry participants and trade associations to discuss policy priorities. The meeting was organized by Senate Banking Committee Chair Tim Scott (R-SC),...more
12/23/2025
/ Broker-Dealer ,
Capital Markets ,
CFTC ,
Crypto Exchanges ,
Cryptoassets ,
Cryptocurrency ,
Data Privacy ,
Digital Assets ,
FDIC ,
New Legislation ,
Payment Systems ,
Regulatory Reform ,
Securities and Exchange Commission (SEC) ,
Senate Banking Committee ,
Senate Committees ,
Stablecoins ,
The GENIUS Act ,
U.S. Treasury
Last week, federal regulators took several notable steps affecting digital asset markets. The Office of the Comptroller of the Currency (OCC) announced conditional approval of five national trust bank charter applications. It...more
12/16/2025
/ Anti-Money Laundering ,
CFTC ,
Cryptoassets ,
Cryptocurrency ,
Department of Justice (DOJ) ,
Digital Assets ,
Enforcement Actions ,
FinCEN ,
Interpretive Letters ,
National Bank Act ,
National Bank Charters ,
New Legislation ,
No-Action Letters ,
OCC ,
Securities and Exchange Commission (SEC) ,
Stablecoins ,
Tokenization
Welcome back from the Thanksgiving holiday. The Senate Agriculture Committee held a nomination hearing for Michael Selig, who is currently chief counsel for the SEC Crypto Task Force, to become the CFTC Chair. The OCC issued...more
12/2/2025
/ Banking Sector ,
Bitcoin ,
Blockchain ,
Central Bank Digital Currency (CBDCs) ,
CFTC ,
Cryptoassets ,
Cryptocurrency ,
Digital Assets ,
FASB ,
FDIC ,
IRS ,
New Legislation ,
OCC ,
Proposed Legislation ,
Regulatory Oversight ,
Securities and Exchange Commission (SEC) ,
Taxation
Even amid the historic government shutdown, crypto policy continues to evolve, with courts, Congress and regulators moving forward on major issues. The U.S. Court of Appeals for the 10th Circuit affirmed that Federal Reserve...more
11/11/2025
/ 401k ,
Banking Sector ,
Cryptocurrency ,
Currency Transaction Reports (CTR) ,
Digital Assets ,
Fair Access to Credit ,
FASB ,
Federal Reserve ,
Financial Regulatory Reform ,
Financial Reporting ,
Government Shutdown ,
Proposed Legislation ,
Regulation NMS ,
Retirement Plan ,
Securities and Exchange Commission (SEC) ,
Stablecoins ,
Suspicious Activity Reports (SARs)
Shareholder activism in the banking sector is on the rise in the United States. To date in 2025, there have been 13 activism campaigns against banks, already surpassing the 10 campaigns from 2024. Importantly, 10 of the 13...more
11/3/2025
/ Acquisitions ,
Activist Investors ,
Banking Sector ,
Banks ,
Board of Directors ,
Corporate Governance ,
Financial Institutions ,
Investment Funds ,
Mergers ,
Proxy Season ,
Publicly-Traded Companies ,
Regulatory Oversight ,
Regulatory Requirements ,
Shareholder Activism ,
Shareholder Proposals ,
Shareholders
Members of Congress and the financial services regulators demonstrated continued attention to market structure legislation, stablecoins and tokenization. Michael Selig was nominated to serve as CFTC Chair, with Caroline Pham...more
10/28/2025
/ Blockchain ,
CFTC ,
Cryptoassets ,
Cryptocurrency ,
Digital Assets ,
Federal Reserve ,
New Legislation ,
OCC ,
Payment Systems ,
Popular ,
Proposed Legislation ,
Securities and Exchange Commission (SEC) ,
Stablecoins ,
Tokenization
As the federal government shutdown continues, digital asset policy attention has shifted toward tax, banking supervision and market structure negotiations. On Capitol Hill, bipartisan Senate talks on crypto market structure...more
10/14/2025
/ Alternative Minimum Tax ,
CFTC ,
Cryptocurrency ,
Decentralized Finance (DeFi) ,
Digital Assets ,
ETFs ,
Exchange-Traded Products ,
FDIC ,
IRS ,
New Guidance ,
OCC ,
Proposed Legislation ,
Proposed Rules ,
Regulatory Reform ,
Securities and Exchange Commission (SEC) ,
Taxation ,
U.S. Treasury
With Congress coming back into session after the August recess, digital asset policy developments accelerated across Congress and the federal regulatory agencies. Certain senators released an updated draft of the Responsible...more
9/15/2025
/ Blockchain ,
CFTC ,
Cryptoassets ,
Cryptocurrency ,
Decentralized Finance (DeFi) ,
Digital Assets ,
Nasdaq ,
New Guidance ,
New Legislation ,
OCC ,
Proposed Legislation ,
Securities and Exchange Commission (SEC) ,
Tokenization
Congress is on recess, leaving regulatory agencies and industry groups to drive this week’s developments in digital asset policy.
The Federal Reserve announced a sunset of its Novel Activities Supervision Program, folding...more
8/25/2025
/ Banking Sector ,
Banks ,
Consumer Data Requests ,
Consumer Financial Protection Bureau (CFPB) ,
Cryptoassets ,
Cryptocurrency ,
Digital Assets ,
Federal Reserve ,
FinTech ,
New Legislation ,
Regulatory Oversight ,
Regulatory Reform ,
Stablecoins ,
The GENIUS Act
Fifteen years ago, in the shadow of the 2008 financial crisis, Congress adopted the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank), the most significant change to financial regulation since the...more
8/12/2025
/ Banking Sector ,
Banks ,
Capital Requirements ,
Dodd-Frank ,
FDIC ,
Federal Reserve ,
Financial Institutions ,
Regulatory Oversight ,
Regulatory Reform ,
Regulatory Requirements ,
Risk Management ,
Stress Tests
Lenders or loan brokers based in California or lending to either commercial or consumer borrowers based in California are subject to the California Financing Law (CFL), which imposes licensing requirements on both lenders or...more
8/6/2025
/ California ,
Commercial Loans ,
Compliance ,
Consumer Lenders ,
Department of Financial Protection and Innovation (DFPI) ,
Enforcement ,
Exemptions ,
Finance Lender ,
Jurisdiction ,
Lenders ,
Licenses ,
Licensing Rules ,
Loans ,
Non-Bank Lenders ,
Regulatory Oversight ,
Regulatory Requirements
In a pivotal week for digital asset policy, federal banking regulators issued long-awaited guidance outlining risk-management expectations for crypto-asset safekeeping activities. The OCC, Federal Reserve and FDIC released a...more
7/28/2025
/ Banking Regulators ,
Banking Sector ,
Compliance ,
Cryptocurrency ,
Digital Assets ,
Federal Reserve ,
FinTech ,
New Legislation ,
Proposed Legislation ,
Regulatory Agenda ,
Regulatory Reform ,
Risk Management ,
Senate Banking Committee ,
Stablecoins ,
U.S. Treasury
Today marks a historic milestone in U.S. digital asset policy. The President signed the GENIUS Act into law following its bipartisan passage by 308-122 in the House on July 17 and 68-30 in the Senate on June 17. The GENIUS...more
7/21/2025
/ Banking Sector ,
Blockchain ,
Cryptocurrency ,
Digital Assets ,
FDIC ,
Federal Reserve ,
Financial Regulatory Reform ,
Financial Services Committee ,
Financial Services Industry ,
Liquidity ,
New Legislation ,
Popular ,
Regulatory Requirements ,
Rulemaking Process ,
Securities ,
Stablecoins ,
The GENIUS Act ,
U.S. Treasury
Several significant regulatory and policy developments took place this week in Washington. The Senate banking committee advanced several key nominations, including Michelle Bowman to serve as vice chair for supervision at the...more
5/16/2025
/ Banking Sector ,
Consumer Financial Protection Bureau (CFPB) ,
Cryptocurrency ,
Federal Reserve ,
Financial Institutions ,
Financial Regulatory Reform ,
Nominations ,
OCC ,
Popular ,
Securities and Exchange Commission (SEC) ,
Securities Regulation ,
Tokenization ,
U.S. Treasury
President Trump’s crypto executive order (the Crypto Executive Order) was a first step in the Trump Administration’s articulation of a policy on promoting the lawful use of blockchain technology. It remains to be seen whether...more
1/31/2025
/ Anti-Money Laundering ,
CFTC ,
Compliance ,
Cryptoassets ,
Cryptocurrency ,
Digital Assets ,
Enforcement Actions ,
Executive Orders ,
FinCEN ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Regulatory Agenda ,
Securities and Exchange Commission (SEC) ,
Trump Administration ,
U.S. Treasury