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Daily Financial Regulation Update -- Tuesday, August 30, 2022 | Paul Hastings LLP

August 29, 2022- The Federal Reserve Banks have narrowed the timing of the FedNow Service launch to mid-year 2023, specifically targeting a production rollout of the.

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True unemployment is a lot higher than you think

The latest data show the “true rate of unemployment” declined in all but 11 of the 100 most populous metropolitan statistical areas last year.

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OCC s Hsu: Terra shows that hype is not harmless

Acting Comptroller of the Currency Michael Hsu said the recent collapse of TerraUSD suggests that prudential rules for stablecoin could prevent similar events in the future.

District of columbiaUnited statesMichael hsuDeposit insurance corpOffice of the comptrollerActing comptroller michael hsuTestify before senate banking committeeFederal deposit insuranceRegulation and complianceAb policy amp regulation

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