Mitigation

The Securities and Exchange Commission and Commodity Futures Trading Commission announced separate charges related to digital asset-related fraud.

The Treasury and State departments announced additional sanctions on Russian individuals and companies for supporting the Russian government despite existing sanctions.

The Biden administration is reportedly expected to release an executive order on regulating digital assets next week.

A new ICBA blog post spotlights the key community banker takeaways of recent Federal Reserve reports on the possibility of a future U.S. central bank digital currency.

Community bankers can schedule virtual visits this month and next with 2022 ICBA ThinkTECH Accelerator program participants.

ICBA expressed concerns with a Basel Committee on Banking Supervision document on bank management and supervisory oversight of climate risk.