Dossier
community banks
Coverage of community banks in the Nexus archive.
- US banking groups urge Senate to strengthen stablecoin provisions in Clarity Act
US banking groups are urging the Senate to strengthen stablecoin provisions in the Clarity Act, warning that the current bill could allow stablecoins to replace bank deposits and increase deposit flight risks from community banks.
- ‘Crypto v community’: 4,000 local US lenders join forces to fight ‘stablecoins’ law
Up to 4,000 community banks in the US are opposing legislation to regulate stablecoins, fearing it will reduce $850bn in loans for rural businesses and farmers. A campaign video highlights concerns that crypto experiments threaten community financial stability and credit access.