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#stablecoins #hmda-compliance #regulatory-reporting #data-automation #fair-lending #genius-act-2025
EU data protection
fromwww.housingwire.com
2 days ago

How to ensure locked-down compliance during HMDA reporting season, and year-round

HMDA compliance requires year-round automation and verification systems to manage increasing regulatory scrutiny, as manual processes and data errors create significant compliance risks for financial institutions.
US politics
fromCointelegraph
1 month ago

What the GENIUS Act Was Meant to Stop-and the Stablecoin Loophole Banks See

A regulatory loophole allows exchanges and affiliates to offer rewards on stablecoin balances, potentially drawing deposits from community banks and reducing local lending.
fromCointelegraph
1 month ago

What the GENIUS Act Was Meant to Stop-and the Stablecoin Loophole Banks See

The GENIUS Act was designed to keep stablecoins as payment tools rather than savings products. As a result, it bans issuers from paying interest or yield to stablecoin holders. Community banks argue that a loophole exists because exchanges and affiliated partners can still offer rewards on stablecoin balances, even if the issuer itself does not pay yield. Smaller banks are more concerned than large banks because they rely heavily on local deposits.
US politics
US politics
fromwww.housingwire.com
2 months ago

OCC proposes simplified CRA plans for community banks

Community banks need a tailored, proportional supervisory framework and simplified CRA strategic plans to focus on local credit needs and reduce regulatory burden.
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