Conference of State Bank Supervisors

Crypto Firm Abra Settles States’ Charges of Operating Without Licenses
Crypto Firm Abra Settles States’ Charges of Operating Without Licenses
June 26, 2024  |  Cryptocurrency

Cryptocurrency firm Abra and its CEO and largest equity owner Bill Barhydt have reached a settlement with 25 state regulators. The settlement follows the states’...

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Sigue Halts Money Transmission Activity Following Financial Regulators’ Consent Order
Sigue Halts Money Transmission Activity Following Financial Regulators’ Consent Order
March 22, 2024  |  Regulation

Sigue Corp. has stopped its money transmission activities after being ordered to do so by financial regulatory agencies from 39 states, Puerto Rico and the District...

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NY Financial Services Superintendent Adrienne Harris Named to FSOC
NY Financial Services Superintendent Adrienne Harris Named to FSOC
December 13, 2022  |  Personnel

A new state banking representative will be serving on the Financial Stability Oversight Council (FSOC).  Adrienne A. Harris, superintendent of the New York State Department...

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US State Banking Regulators Drop Lawsuit Over FinTech Charters
US State Banking Regulators Drop Lawsuit Over FinTech Charters
January 14, 2022  |  Regulation

A group of U.S. banking regulators withdrew their lawsuit that sought to block the federal government from granting bank charters to FinTech companies.  The Conference of...

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Cryptos And Sandboxes And Streamlined Money Licensing (Oh My!)
Cryptos And Sandboxes And Streamlined Money Licensing (Oh My!)
February 15, 2018  |  News

Streamlined money transfer applications dominated regulatory news this past week as seven states took the initiative to make it easier for traditional FIs and fintechs...

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The Role Of SMB Lending At Community Banks Is Changing
The Role Of SMB Lending At Community Banks Is Changing
October 11, 2017  |  B2B Payments

Small business (SMB) lending is big business for community banks, which are a popular destination for small business borrowers, thanks to strong approval rates on...

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Bitcoin Just Doesn’t Play In Peoria
Bitcoin Just Doesn’t Play In Peoria
September 01, 2014  |  News

Much has been published over the past couple of years on virtual currencies, including Bitcoin. But just how aware are consumers of their existence? A...

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