G7 Ministerial: No Stablecoin Without Standards
The G7 Finance Ministers and Central Bank Governors today strongly reinforced support for their October joint statement demanding tough digital-currency regulation.

Big Banks to Get Small FDIC-Premium Break
The Federal Register today includes the FDIC’s proposal to revise the risk-based deposit insurance assessment system for large IDIs, recalibrating assessments to remove double counting of CECL transitional amounts calculated using the sum of Tier 1 capital and reserves used to determine assessment rates.

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