Tagged: aba

July 30, 2026 @ 10:35 am By JD Alois  |  

The banking industry continues to pound away at the CLARITY Act, the crypto infrastructure legislation that will set the path for the US to dominate the global digital asset industry. The banking industry’s opposition to the bill is based on FUD. There is a simple… Read More

June 11, 2026 @ 11:24 am By JD Alois  |  

President Donald Trump has nominated Brian Johnson to take over the Consumer Financial Protection Bureau (CFPB). The appointment was announced yesterday, June 10th. Ohio based Johnson is currently a senior executive at Capital One and, if approved, will take the reins of the agency for… Read More

May 11, 2026 @ 5:21 pm By JD Alois  |  

While the CLARITY Act appears to be on track for a markup hearing before the Senate Banking Committee this Thursday, banking industry representatives continue to complain about the stablecoin yield compromise recently hashed out by various policymakers. In a joint statement last week, banking associations and… Read More

April 13, 2026 @ 11:19 am By JD Alois  |  

The American Bankers Association (ABA) has issued a statement countering the report by the Council of Economic Advisers, part of the Trump White House, which recently stated that stablecoin yield does no harm to banks but, if banned, harms consumers’ ability to generate value from stablecoin holdings. In… Read More

February 2, 2026 @ 7:57 pm By JD Alois  |  

The American Bankers Association (ABA) has issued a statement on today’s White House Crypto meeting, which brought together crypto and legacy banking representatives in an attempt to reanimate crypto market infrastructure legislation. While crypto firms quickly issued positive statements regarding the gathering, the ABA appears… Read More

December 13, 2024 @ 9:25 am By JD Alois  |  

The Consumer Bankers Association (CBA), American Bankers Association (ABA), America’s Credit Unions, Mississippi Bankers Association, and other individual banks have joined in a lawsuit challenging the final rules issued by the Consumer Financial Protection Bureau impacting overdraft regulations. Yesterday, the CFPB issued rules that manage… Read More

March 21, 2019 @ 2:00 am By JD Alois  |  

The American Bar Association (ABA) has published an extensive treatise on the US regulatory environment pertaining to cryptocurrency and other digital assets. In brief, the 353 white paper is a must-read review of current law and treatment by regulatory authorities such as the Securities and… Read More

May 9, 2018 @ 10:38 pm By JD Alois  |  

FinTech Australia is lauding the Aussie Government’s policy push regarding Open Banking. The advocacy group says the Australian decision has pushed back against big banks to open true banking reform by next year. “A government-backed Open Banking framework will be a game-changer for consumers and businesses,… Read More

February 13, 2017 @ 1:34 pm By JD Alois  |  

All lending is inevitably moving online. It just makes sense. Online lending can provide a far better and faster experience for consumers and businesses while financial firms can reduce exposure to physical locations ( plus employees) and associated costs. Yet some in the industry are… Read More

December 9, 2013 @ 4:08 pm By JD Alois  |  

The highly influential American Bar Association (ABA) has posted a comment letter on the Securities and Exchange Commission site sharing their opinion on proposed changes to Regulation D, Form D and Rule 156.  The 52 page letter is signed by Catherine T. Dixon, Chair of… Read More