Banking Regulation

Banking Regulation

Markets

US Lawmakers Introduce Bill That Would Require Stablecoin Issuers to Obtain Bank Charters

Rep. Rashida Tlaib, Rep. Stephen Lynch and Rep. Jesus Chuy Garcia have introduced a bill that would require stablecoin issuers to secure bank charters and either obtain FDIC insurance or maintain full reserves to operate in the U.S.

U.S. Rep. Rashida Tlaib

Policy

Coinbase's Ex-Lead Lawyer Sold $4.6M in Stock to Head US Banking Watchdog

Brian Brooks left Coinbase to lead the U.S. Office of the Comptroller of the Currency last month.

First Deputy Comptroller Brian Brooks speaks at CoinDesk's Consensus: Distributed. (CoinDesk archives)

Markets

Marijuana-Focused Stablecoin Issuer Added to Arizona Fintech Sandbox

Arizona's fintech program has added a controversial startup using stablecoins to evade federal regulations

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Markets

Bank Regulator Proposes Chinese Crypto License In Research Paper

A research paper from China's banking regulator suggests the country should let ICOs operate legally under a financial regulatory framework.

Chinese flag

Markets

Educating Regulators a Priority, Say Blockchain Policy Experts

At Consensus 2016, expert panelists took turns discussing the future regulatory climate for digital currencies like bitcoin.

Bitcoin Policy