Newsletter

June 17, 2022

Top Lines From the stage of the ‘Consensus 2022,’ House Financial Services Committee Ranking Member Patrick McHenry (R-NC) called for passage of bipartisan stablecoin legislation this year.

June 10, 2022

Top Lines Senators Cynthia Lummis (R-WY) and Kirsten Gillibrand (D-NY) announced the introduction of the bipartisan Lummis-Gillibrand Responsible Financial Innovation Act (the “RFIA”). If enacted in its

June 3, 2022

Top Lines Lawmakers in New York passed a bill to ban certain bitcoin mining operations that run on carbon-based power sources. The measure now heads to the

May 27, 2022

Top Lines Acting Comptroller of the Currency Michael Hsu discussed vulnerabilities in the cryptocurrency framework and recent volatility with stablecoins in remarks at the Chamber of Digital

May 20, 2022

Top Lines The Consumer Financial Protection Bureau (CFPB) issued an interpretive rule that describes states’ authorities to enforce federal consumer financial protection laws. Weekly Wrap Up Using distributed ledger

May 13, 2022

Top Lines This week, we saw regulators’ and policymakers’ fears concerning stablecoins and financial stability somewhat realized when Terra, formerly the third largest stablecoin by market

May 6, 2022

Top Lines The Federal Deposit Insurance Corporation’s (FDIC) Board of Directors – FDIC Acting Chair Martin Gruenberg, OCC Acting Comptroller Michael Hsu, and CFPB Director Rohit

April 29, 2022

Top Lines The Senate confirmed the nomination of Lael Brainard to a four-year term as Vice Chair of the Federal Reserve. Congressman Patrick McHenry (R-NC), Ranking Member

April 22, 2022

Top Lines The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated entities and individuals involved in attempts to evade sanctions imposed by the

April 15, 2022

Top Lines The Biden Administration is planning to nominate Michael Barr, Dean of the Ford School of Public Policy at the University of Michigan, for Vice