FinCEN renewed its Geographic Targeting Orders requiring U.S. title insurance companies to collect and report beneficial ownership information for certain residential real estate purchases.

European Parliament endorsed a “uniform legal framework” for crypto-assets in the European Union which would track transfers of crypto-assets, including bitcoins and electronic money tokens.

The Alternative Reference Rates Committee updated its recommendations on permissible usage of Term SOFR.

The Financial Stability Oversight Council proposed amending guidance on the process by which it may designate nonbank financial institutions for heightened Federal Reserve Board supervision and prudential standards.

Federal Reserve Board Governor Christopher J. Waller considered the risks and benefits of tokenization and artificial intelligence as they gain prominence within the banking industry.