BANK NOTES
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Idaho Bankers Association Joins BankChain Alliance
The Idaho Bankers Association has joined 39 other state bankers associations in announcing the formation of BankChain Alliance, a new industry-owned initiative designed to help banks of all sizes safely offer modern payment and banking services. The Alliance is developing an industry-designed, industry-governed blockchain network that will give participating financial institutions access to emerging…
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Stablecoin Loophole Raises Concerns for Idaho Community Banks
A recent Idaho Statesman guest opinion highlights a growing concern for community banks as policymakers continue developing the regulatory framework for stablecoins. In the op-ed, Carlan McDaniel, executive vice president and chief operating officer at The Bank of Commerce and chair of the Idaho Community Bank Committee, points to an unintended loophole in the…