Regulation
Gov. Waller: U.S. Fed to 'Embrace Disruption,' Pitches 'Skinny' Master Account Idea
At its first event on payment innovations, the Federal Reserve's Christopher Waller suggested a compromise over the crypto world's "master account" aims.
U.S. Crypto Coalition Warns Bank Data Fees Could Cut Off Stablecoins and Wallets
Fintech and crypto groups are urging the Consumer Financial Protection Bureau to stop banks charging for consumer data access, saying the move would undermine open banking and disconnect crypto wallets and stablecoins from the U.S. financial system.
British Columbia to Permanently Ban New Crypto Mining Projects From Grid
The ban is part of an effort to manage electricity demand and ensure industrial development is powered by clean electricity.
Senate Republicans Call for Own Meeting With Crypto CEOs After Democrats' Sitdown
GOP lawmakers are scheduling a followup meeting with crypto CEOs after they meet this week with Senate Democrats on the market structure bill, sources say.
Crypto's Half-finished Legislative Agenda Teeters as CEOs Set Meeting With Democrats
Some of the top digital assets execs are heading to a meeting this week with U.S. Senate Democrats to see about getting the market structure bill moving.
U.S. Fed's Barr Catalogues Dangers to be Dodged in Future Stablecoin Regulations
Federal Reserve Governor Michael Barr, who was the central bank's regulatory chief during the Biden administration, flagged potential stablecoin pitfalls.
Ripple CEO Bashes Wall Street Bank Opposition of Fed Master Accounts for Crypto
CEO Brad Garlinghouse, whose company is seeking a federal bank license and Federal Reserve "master account," called banker pushback "hypocritical."
U.S. Senators Get 250K Letters Calling for Protection of Stablecoin Yields
Stand With Crypto encouraged the messaging from its massive online list of advocates, asking the lawmakers to leave the GENIUS Act alone.
Coinbase Applies for Federal Trust Charter, Says Not Aiming to Be a Bank
Federal oversight would allow the firm to introduce new financial services without the need of state-by-state approval.
Trump Makes Travis Hill Pick Official as Choice to Run FDIC
Travis Hill has already been leading the FDIC, but President Donald Trump's nomination puts him up for the banking regulator's chairmanship.
