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WASHINGTON—The Blockchain Association is challenging warnings that stablecoins will drain deposits from community financial institutions, arguing there is little evidence of such an exodus and that the greater concentration threat has come from the nation’s largest banks.

WASHINGTON--With the House back in Washington and the August recess winding down, America’s Credit Unions said it is advocating for needed modernizations to Currency Transaction Report (CTR) and Suspicious Activity Report (SAR) reporting thresholds, which haven’t been updated in decades.

Todd Harper, et al v. Scott Bessent, et al, 25-5268, No. 01208883253 (D.C. Cir. Aug. 28, 2026)

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Todd Harper, et al v. Scott Bessent, et al, 25-5268, No. 01208883253 (D.C. Cir. Aug. 28, 2026)

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Todd Harper and Tanya Otsuka

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