Banking – Week of August 10 in Review
During the past week, the crypto sector of the banking industry saw the most developments. The Treasury Department proposed a rule to implement section 3 of the GENIUS Act; the OCC approved one, returned one, and received one application for a national trust bank charter; and the CFTC announced a key advisory committee meeting while the SEC canceled a Commission meeting on an offering regime for certain contracts involving crypto assets.
Read the full detailed report in the PDF linked below: