Federal Reserve passes annual stress test reforms by 6-1 votes
The Federal Reserve Board passes annual stress test revisions by 6-1 votes and solicits comments on a plan to better reflect differences in banks’ fee-based businesses.
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The Federal Reserve Board passes annual stress test revisions by 6-1 votes and solicits comments on a plan to better reflect differences in banks’ fee-based businesses.
Michael Saylor proposes a digital economy policy framework, advocating more flexible issuance, custody, and transfer rights for digital assets and establishing a regulatory path for banks and insurance companies to use Bitcoin.
Four people familiar with the matter said the Federal Reserve is formulating a plan to raise the asset threshold for applying stricter regulatory rules to large banks, potentially proposing it later this year.
The Fed proposes requiring payment stablecoins issued by banks to be fully backed by eligible reserves and generally redeemed within two business days; the proposal will solicit public comments for 60 days.
Stablecoin infrastructure company Agora announced that it has received preliminary conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish a federally regulated national trust bank, bringing its stablecoin and custody businesses under direct federal supervision.
The Russian Central Bank plans to introduce the N31 and N32 ratios to measure crypto-asset exposures of banks and banking groups, with related reporting expected to begin in 2027 year January onward.