Payments

The payments landscape for community banks is changing rapidly as traditional payments converge with new instant payment systems and emerging cryptocurrencies. It is critical for Community Banks to maintain awareness of developments in the payments space to assess new opportunities, mitigate risks, and ensure that their payment strategy aligns with overall business plans.

Payments News

CFTC panel to meet on crypto taxonomy

Feb. 22, 2024

The Commodity Futures Trading Commission said its Global Markets Advisory Committee will meet next month on digital assets and other issues.

Details: Scheduled for Wednesday, March 6, the meeting will feature the Digital Asset Markets Subcommittee’s first-ever recommendations regarding digital asset taxonomy.

More: Recent Main Street Matters posts from ICBA Senior Vice President of Digital Assets and Innovation Policy Brian Laverdure cover the evolving regulatory environment for digital assets and the policy debate over treating cryptoassets as securities or commodities.