Congress

Today in TechREG: US Lawmakers Introduce Long-Awaited Crypto Bill; Senate Hearing Discusses Crypto Ransom Payments
Today in TechREG: US Lawmakers Introduce Long-Awaited Crypto Bill; Senate Hearing Discusses Crypto Ransom Payments
June 07, 2022  |  Regulation

Today in TechREG, U.S. Senators Cynthia Lummis and Kirsten Gillbrand have introduced their long-awaited crypto bill that outlines the legal framework for crypto assets and...

READ MORE >
US Lawmakers Take on Crypto Ransom Payments
US Lawmakers Take on Crypto Ransom Payments
June 07, 2022  |  Cryptocurrency

The Senate Committee on Homeland Security and Government Affairs will hold a hearing today (June 7) to discuss the rising threat of cryptocurrencies as an...

READ MORE >
Crypto Pours $26M Into US Political Campaigns Through Q1 ’22
Crypto Pours $26M Into US Political Campaigns Through Q1 ’22
June 02, 2022  |  Politics

Cryptocurrency executives are banking on U.S. politics more than many industrial stalwarts, a report said, with political donations from crypto going beyond $26 million during...

READ MORE >
Senator Warren’s SPAC Bill Aims to Rein in Losses, Abuses
Senator Warren’s SPAC Bill Aims to Rein in Losses, Abuses
May 31, 2022  |  SPAC

U.S. Sen. Elizabeth Warren (D-Mass.) is planning to introduce a bill aimed at curbing abuses and losses in deals surrounding special purpose acquisition companies (SPACs)...

READ MORE >
Fraud Played ‘Significant’ Role in $163B Leak from Pandemic-Era Unemployment System
Fraud Played ‘Significant’ Role in $163B Leak from Pandemic-Era Unemployment System
May 27, 2022  |  Security & Fraud

Fraudsters bilked about $163 billion from the unemployment system during the COVID-19 pandemic, according to the semiannual report to Congress by the Office of Inspector...

READ MORE >
Bill Could Force Google to Break up Ad Business
Bill Could Force Google to Break up Ad Business
May 19, 2022  |  Google

Google could be forced to break up its ad business if a bill introduced Thursday (May 19) by Sen. Mike Lee, R-Utah, becomes law. As...

READ MORE >
PYMNTS AM Radar: Tether Selloff; That ‘70s Algorithm; One-Click Nirvana; Klarna Expansion; ICYMI
PYMNTS AM Radar: Tether Selloff; That ‘70s Algorithm; One-Click Nirvana; Klarna Expansion; ICYMI
May 17, 2022  |  Digital Payments

Today is Tuesday (May 17), and it’s the biggest day for voting so far in 2022, with ballots being cast by Dems and GOP voters...

READ MORE >
Senate Democrats Grill Visa, Mastercard over Swipe Fees
Senate Democrats Grill Visa, Mastercard over Swipe Fees
May 05, 2022  |  Payment Methods

At a U.S. Senate hearing Wednesday (May 4), Visa and Mastercard defended their credit card fees while retailers and consumer groups accused the card networks...

READ MORE >
Bipartisan Bill Paves the Way for CFTC’s Crypto Oversight
Bipartisan Bill Paves the Way for CFTC’s Crypto Oversight
May 03, 2022  |  Cryptocurrency

Republican and Democratic lawmakers last week (April 28) introduced the Digital Commodity Exchange Act of 2022 in the House, which essentially authorizes the Commodity Futures...

READ MORE >