Congress

Credit Card Swipe Fee Amendment Pulled From Defense Spending Bill

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  |  Cybersecurity

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Smart Crypto Policy Can Protect Dollar’s Dominance, Experts Tell House Panel
Smart Crypto Policy Can Protect Dollar’s Dominance, Experts Tell House Panel
September 21, 2022  |  Legal & Regulation

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House Bill Would Ban Algorithmic Stablecoins for 2 Years
House Bill Would Ban Algorithmic Stablecoins for 2 Years
September 21, 2022  |  Legal & Regulation

The latest version of an on-again, off-again House bill regulating stablecoins would place a two-year ban on dollar-pegged digital assets like TerraUSD, which collapsed in...

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