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Annual report reveals regulations aimed at digital currencies and securing digital economies
Subsidies will create or rehabilitate more than 2,100 housing units
Almost half of all US bank branches offer a Bank On-certified account
Fintechs and banks should prepare now by upgrading backend loan-servicing rails
Recommendations include Bank On-certified accounts, greater flexibility around identification and financial education
Grant will help non-profit offset expenses which includes pre-development costs for a single-family housing construction
Bank capital ratios remained well in excess of regulatory requirements finds Federal Reserve financial stability report
Three-year commitment also supports minority communities with affordable housing and investment in Black-owned businesses
New framework, along with five “range of practices” questions will be released by the end of 2021
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