Congress

Sen. Durbin Wants Another Bite at Card Interchange Fees
Sen. Durbin Wants Another Bite at Card Interchange Fees
July 27, 2022  |  Legal

A pair of U.S. senators are preparing a bill that would give merchants the ability to process many Mastercard and Visa credit cards over different...

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Cathie Woods’ Ark Jumps Ship as Coinbase’s SEC Woes Threaten Crypto Payments
Cathie Woods’ Ark Jumps Ship as Coinbase’s SEC Woes Threaten Crypto Payments
July 27, 2022  |  Cryptocurrency

Nasdaq-listed cryptocurrency exchange Coinbase’s troubles have been growing for some time as its stock price followed earnings off a cliff in Q1, a massive round...

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Why a Senate Bill’s $50 Tax Exemption Won’t Boost Crypto Spending
Why a Senate Bill’s $50 Tax Exemption Won’t Boost Crypto Spending
July 26, 2022  |  Cryptocurrency

A pair of U.S. senators have introduced a bipartisan bill to exempt low-value cryptocurrency transactions from capital gains tax reporting requirements. Legislation introduced on Tuesday...

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Report: House Stablecoin Bill Put on Hold
Report: House Stablecoin Bill Put on Hold
July 25, 2022  |  Cryptocurrency

U.S. lawmakers have put a bill designed to deal with the risks posed by stablecoins on hold, likely for the rest of the summer. The...

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Coinbase’s SEC Petition Opens New Can of Crypto Regulation Worms
Coinbase’s SEC Petition Opens New Can of Crypto Regulation Worms
July 22, 2022  |  Cryptocurrency

The hardest thing to understand about Nasdaq-listed cryptocurrency exchange Coinbase’s new petition asking the U.S. Securities and Exchange Commission to begin writing the rules to...

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Reports: House Committee Close to Vote on ‘Payments Stablecoin’ Bill
Reports: House Committee Close to Vote on ‘Payments Stablecoin’ Bill
July 21, 2022  |  Cryptocurrency

Stablecoins will become known as “payments stablecoins” under the terms of a new regulatory bill the House Financial Services is planning to unveil next week....

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US House Panel Aims to Move Stablecoin Bill by Next Week
US House Panel Aims to Move Stablecoin Bill by Next Week
July 20, 2022  |  Cryptocurrency

A U.S. House committee could pass down proposed rules regulating stablecoins as soon as next week, including regulations on whether commercial companies could issue the...

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US, UK Policymakers Plan on Delivering Crypto Promises in 2022
US, UK Policymakers Plan on Delivering Crypto Promises in 2022
July 20, 2022  |  Regulation

In 2021, policymakers around the world raised concerns that crypto assets were too big to be left unregulated and regulation was needed to offer more...

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US Congressional Group ‘Disturbed’ by Crypto Mining Energy Usage
US Congressional Group ‘Disturbed’ by Crypto Mining Energy Usage
July 15, 2022  |  News

Congressman Jared Huffman, D-Calif., joined five Democratic U.S. senators in penning a letter to the Environmental Protection Agency and Department of Energy pushing for more...

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