Mitigation

ICBA's latest blog post shares how this year's ICBA ThinkTECH Accelerator program helped three fintech participants refine their solutions to address community bank pain points and opportunities.

Treasury Under Secretary for Domestic Finance Nellie Liang this week explored the appropriate regulatory structure to address stablecoin risks.

Securities and Exchange Commission and Commodity Futures Trading Commission officials called on their agencies to hold joint roundtables to consider regulations governing digital assets.

After ICBA last week expressed opposition to the establishment of a U.S. central bank digital currency, a House hearing this week will focus on CBDC benefits and risks.

ICBA expressed opposition to the establishment of a U.S. central bank digital currency. In a comment letter to the Federal Reserve, ICBA said a U.S. CBDC would introduce significant privacy and cybersecurity risks into the nation’s monetary system and disrupt U.S. banking stability.

ICBA, American Bankers Association, Bank Policy Institute, and Mid-Size Bank Coalition of America commented late yesterday on a SEC proposal that would implement new requirements for financial institutions to disclose material cyber incidents, as well as cybersecurity risk management, strategy and governance.