Congress

US Lawmakers Hope for Stablecoin Bill This Year

US Lawmakers Hope for Stablecoin Bill This Year
US Lawmakers Hope for Stablecoin Bill This Year
November 16, 2022  |  Cryptocurrency

Sens. Kirsten Gillibrand, Patrick Toomey and Cynthia Lummis are reportedly working on legislation that would establish regulations for stablecoins and hope to get it in front...

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JPMorgan, Citi and Others Keep Russia Ties Open at US Request
JPMorgan, Citi and Others Keep Russia Ties Open at US Request
November 07, 2022  |  Banking

Aiming to keep money flowing in the global economy even as it enforces sanctions against some Russian targets, the United States federal government has reportedly...

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Crypto Firm Donations Increase as Midterms Approach
Crypto Firm Donations Increase as Midterms Approach
November 06, 2022  |  Cryptocurrency

Cryptocurrency firms have drastically stepped up their political donations as the U.S. midterm elections approach, hoping a new Congress can offer some protection from increased...

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Credit Card Swipe Fee Amendment Pulled From Defense Spending Bill
Credit Card Swipe Fee Amendment Pulled From Defense Spending Bill
October 12, 2022  |  Credit Cards

A last-minute bipartisan effort to package a credit card swipe fee amendment into a larger spending bill was ultimately unsuccessful. Get the Full Story Complete...

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The Unintended Consequences of Durbin’s Proposed Routing Legislation
The Unintended Consequences of Durbin’s Proposed Routing Legislation
October 10, 2022  |  Credit Cards

It’s a movie that everyone in the payments industry has seen at least once: Merchants challenging the card networks over interchange. Get the Full Story...

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SWIFT Claims Cross-Border CBDC Success; ECB Wants Settlement Control
SWIFT Claims Cross-Border CBDC Success; ECB Wants Settlement Control
October 06, 2022  |  CBDC

Financial messaging system SWIFT said that it has solved one of the thorniest problems central bank digital currency (CBDC) developers have been wrestling with: How...

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Hopes for Crypto Regulations Fade as Midterm Elections Approach
Hopes for Crypto Regulations Fade as Midterm Elections Approach
October 05, 2022  |  Cryptocurrency

Neither the House of Representatives nor the Senate will pass a crypto regulation bill before the elections next month. That’s a pretty safe prediction, given...

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House Approves Scaled-Down Bipartisan Bill Targeting Big Tech Mergers
House Approves Scaled-Down Bipartisan Bill Targeting Big Tech Mergers
September 30, 2022  |  ANTITRUST

A bipartisan bill targeting Big Tech dominance passed the House of Representatives by a 242-184 vote on Thursday (Sept. 29) but in a scaled-down version...

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DOJ Asks Congress for Tools to Limit NFT Money-Laundering Risk
DOJ Asks Congress for Tools to Limit NFT Money-Laundering Risk
September 22, 2022  |  Security & Fraud

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