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Major institutions including Wells Fargo, BNY Mellon and HSBC are involved in the “proof of concept” project
FTX filed for bankruptcy last week, but the OCC says US banks were largely unaffected
Senators recently lobbied the OCC for a revamp of cryptocurrency rules after market turmoil
The regulator has demanded the websites remove references to federal insurance for crypto trading
Federal Reserve Board’s Senior Financial Officer Survey indicates DLT and crypto-related products do not have large effects on liquidity management
The framework sets out an international engagement and an interagency approach
The trade body is calling for harmonized oversight of crypto-assets, including stable coins
Research finds that more than half of US investors would prioritize impact or sustainability credentials over performance to some extent
The Lummis-Gillibrand Act aims to bring clear regulation on digital assets
The trade body says a central bank digital currency could fundamentally change the nature of the US banking system
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