ICE Clear Credit LLC applied to register as a clearing agency to clear U.S. Treasury securities—including secondary market trades and repo transactions—through its newly proposed Treasury Business.
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Federal Reserve Vice Chair for Supervision Michelle W. Bowman outlined the Fed's approach to "technology and tools like blockchain in the context of bank supervision" and her priorities for overseeing digital assets.
The Blockchain Association and the Crypto Council for Innovation pressed Senate Banking Committee leaders to reject efforts by banking trade groups to amend the recently enacted GENIUS Act.
The Treasury Department issued a request for comment ("RFC") on methods to detect and mitigate illicit finance risks involving digital assets.
SIFMA issued revised Model Agreements for Negotiated Municipal Bond Underwritings.