Topic
Stablecoins
332 published works
Overheard on the Block(chain)
The OCC and SEC’s FinHub Issue Guidance on Fiat-Backed Stablecoin Reserves
By Barbara A. Jones, William Mack, Jocelyn M. Coney, Greenberg Traurig, LLP
On Sept. 21, 2020, the Office of the Comptroller of the Currency (the OCC) issued guidance pertaining to whether national banks could hold stablecoin reserves. That same day, the Securities…
The Fintech Report
Fintech Week in Review: Week of September 25, 2020
Weekly Fintech Focus OCC releases Interpretative Letter that clarifies national banks’ and federal saving associations’ ability to hold certain stablecoins as reserves in a hosted wallet. California DBO awards grants…
The Blockchain Monitor
OCC Clarifies Status of Stablecoins, US Agencies Procure Blockchain Applications, Solutions Launch on Hedera Hashgraph and VeChain, DOJ Targets Darknet Markets
By Jordan R. Silversmith, Joanna F. Wasick, Veronica Reynolds, Robert A. Musiala
In this issue: • OCC Clarifies Status of Stablecoins, Registration Statement Filed for Network Token • US Government Procures Blockchain Solutions, Blockchain Patent Study Published • Hedera Hashgraph Transactions Pass…
Global Fintech & Digital Assets Blog
Banks Can Hold Stablecoin Reserves, OCC States in Crypto-Friendly Letter
The US OCC allows banks, with certain restrictions, to hold assets in reserve for stablecoin issuers. By Alan W. Avery, Todd Beauchamp, Stephen P. Wink, Pia Naib, Loyal T. Horsley,…
Blockchain Legal Resource
OCC and SEC’s FinHub Issue Guidance on Stablecoins
By Patrick J. Boot, Marysia Laskowski
On Monday, September 21, 2020, the Office of the Comptroller of the Currency issued an interpretive letter on the authority of national banks and federal savings associations to hold stablecoin…
Global Fintech & Digital Assets Blog
BoE Governor Speaks: Payments Firms Should Expect Regulatory Change
Andrew Bailey outlined what payments market participants can expect from regulators seeking to address financial stability risk in the world of payments, including as part of the rise and adoption…
Global Regulation Tomorrow
Reinventing the wheel (with more automation) – speech by Andrew Bailey
On 3 September 2020, the Bank of England (BoE) published a speech by its Governor, Andrew Bailey, in which he looks at recent innovations in payments and the challenges they…
The Blockchain Monitor
Market Developments in Stablecoins, Crypto Loans, Metals/Minerals Supply Chains and More; NY DFS Publishes Crypto “Greenlist”; DOJ Seizes Crypto Used in Terror Scheme
By Veronica Reynolds, Robert A. Musiala, Joanna F. Wasick
In this issue: • Market Actors Focus on Stablecoins, Crypto-Backed Loans and Real Estate Transactions • Blockchain Announcements in Metals/Minerals, Shipping and Food Supply Chains • NY DFS Publishes Crypto…
Global Regulation Tomorrow
FATF reports on stablecoins and virtual assets
On 7 July 2020, the Financial Action Task Force (FATF) issued a report to G20 Finance Ministers and Central Bank Governors regarding stablecoins. The June 2019 revisions to the FATF…
Global Fintech & Digital Assets Blog
Webcast: Stablecoins, CBDCs, and the Future of Payments
Latham fintech lawyers and key industry leaders explore the progress and potential of CBDCs, use cases for stablecoins, and the global regulatory landscape. Many central banks around the world are…