The Commodity Futures Trading Commission issued an amended Order permitting the Japan Securities Clearing Corporation to clear certain interest rate swaps on behalf of U.S. persons.
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The American Bankers Association and other industry groups requested the Federal Reserve Board withdraw its proposal on debit card interchange fees due to significant legal uncertainty and reliance on outdated information.
The Congressional Research Service reviewed the impact of recent legislation, which significantly reduced the maximum amount of funding the Consumer Financial Protection Bureau can request from the Federal Reserve.
In an address before the Blockchain Association, OCC Comptroller Jonathan V. Gould emphasized an urgent need to "reinvigorate" the chartering of new banks and for "entities that engage in activities involving digital assets and other novel technologies" to "have a pathway to become federally supervised banks."
The CFTC Market Participants Division, Division of Market Oversight, and Division of Clearing and Risk issued three letters that allow, to a limited extent, the use of digital assets as regulatory margin.