United States
SEC, CFTC, Federal Reserve, OCC, FinCEN, OFAC, CFPB and other US authorities.
Date
Story
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Fed orders American Express to rebuild enterprise-wide anti-money laundering controls
A Federal Reserve consent order gives American Express 90 days to file AML, OFAC and board oversight plans, as the OCC acts separately against its bank.
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SEC proposes letting investment advisers hold client crypto in self-custody
The SEC’s custody proposal lets advisers and funds self-custody crypto where no qualified custodian exists, and opens the door to state trust companies.
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Fed sets stablecoin capital and reserve rules for bank-owned issuers under the GENIUS Act
Two Federal Reserve proposals add capital charges, a two-day redemption limit and a liquidation trigger for stablecoin issuers owned by state member banks.
