Advanced search


WASHINGTON—Treasury on Wednesday moved another step deeper into the post-GENIUS Act stablecoin framework, as FinCEN and OFAC jointly proposed rules that would treat permitted payment stablecoin issuers as financial institutions for Bank Secrecy Act purposes and require them to maintain anti-money-laundering and sanctions-compliance programs.

DALLAS--Financial institution executives and board members are being urged to register now for ALM First’s 2026 Financial Forum, the firm’s flagship conference, which the company said regularly sells out each year.

WASHINGTON— Federal Reserve officials signaled in minutes released Wednesday that they remain in no rush to cut rates, with policymakers increasingly worried that inflation could stay elevated longer than expected even as they also see growing downside risks to hiring and the labor market.

alm first

999

WASHINGTON—The Trump White House is pushing back on one of the banking industry’s core arguments in the fight over stablecoin “rewards,” with presidential economists concluding that banning crypto exchanges and other intermediaries from paying yield on stablecoin balances would do little to preserve bank lending while leaving consumers worse off.

WASHINGTON—Anthropic said it has entered what it described as a new era in cybersecurity after developing an unreleased artificial intelligence model the company said is too dangerous to make public, with the firm claiming the system has already identified thousands of high-severity zero-day vulnerabilities across major operating systems and web browsers, according to BankInfoSecurity.