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The OCC proposed to rescind a June 2020 rulemaking that amended regulations implementing the Community Reinvestment Act for national banks. The OCC proposal would reinstate the 1995 rules adopted by the OCC, the Federal Reserve Board, the FDIC and the former Office of Thrift Supervision.

Steven Lofchie Commentary by Steven Lofchie

On The Coinbase Blog, Chief Legal Officer Paul Grewal stated that the SEC issued a notice to Coinbase indicating the agency's intention to bring an enforcement action against Coinbase if it launched its proposed "Coinbase Lend" program.