Legislation

Legislation is law which has been promulgated by a legislature or other governing body or the process of making it. Before an item of legislation becomes law it may be known as a bill, and may be broadly referred to as "legislation", while it remains under consideration to distinguish it from other business.

Source: en.wikipedia.org

Chair of UK’s Payment Systems Regulator Calls Abolition ‘Pragmatic Next Step’
Chair of UK’s Payment Systems Regulator Calls Abolition ‘Pragmatic Next Step’
March 12, 2025  |  Regulation

The head of the United Kingdom’s Payment Systems Regulator (PSR) reportedly said Wednesday (March 12) that he had been aware since January that the regulator could be...

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Stripe, Paxos CEOs Say Payments Ecosystem Needs Stablecoins and Blockchain but Not CBDC
Stripe, Paxos CEOs Say Payments Ecosystem Needs Stablecoins and Blockchain but Not CBDC
March 11, 2025  |  Blockchain

Payment stablecoins, blockchain and other digital innovations, including tokenization, will enable more efficient money movement across the globe, while ensuring primacy of the U.S. dollar...

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The Payment Professional’s Key Takeaways From Trump’s Crypto Summit
The Payment Professional’s Key Takeaways From Trump’s Crypto Summit
March 11, 2025  |  Cryptocurrency

Was the White House’s Crypto Summit Friday (March 7) a landmark occasion? Or was it a missed opportunity for the sector and the United States?...

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Senate Bill Would Eliminate Reputational Risk as Measure of Safety and Soundness
Senate Bill Would Eliminate Reputational Risk as Measure of Safety and Soundness
March 07, 2025  |  Bank Regulation

Senate Banking Committee Chairman Tim Scott, R-S.C., has introduced a bill that would stop federal banking agencies from using reputational risk as a measure to determine...

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Senate’s GENIUS Stablecoin Bill Calls for Shared State and Federal Oversight
Senate’s GENIUS Stablecoin Bill Calls for Shared State and Federal Oversight
March 07, 2025  |  Cryptocurrency

No matter how groundbreaking the impact, innovations can’t outrun regulation forever, particularly when that innovation occurs in the highly regulated space of payments and financial...

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Congressional Actions Against CFPB Overdraft, Digital Payments Rules May Spur Financial Services Innovation
Congressional Actions Against CFPB Overdraft, Digital Payments Rules May Spur Financial Services Innovation
March 06, 2025  |  Bank Regulation

Wednesday’s (March 5) actions in Congress against two Consumer Financial Protection Bureau (CFPB) rules — one governing digital payments providers, the other focused on bank...

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FDIC Regulatory Revamp May Smooth Path to Bank Mergers, Formations and FinTech Partnerships
FDIC Regulatory Revamp May Smooth Path to Bank Mergers, Formations and FinTech Partnerships
March 05, 2025  |  Bank Regulation

The Federal Deposit Insurance Corp. (FDIC), like other regulatory agencies, is rapidly being reshaped. The very structure of the agency may be drastically altered. A...

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AI Regulations: Virginia’s AI Act Targets ‘High Risk’ AI Systems
AI Regulations: Virginia’s AI Act Targets ‘High Risk’ AI Systems
March 05, 2025  |  Artificial Intelligence

Virginia could be the second U.S. state to enact artificial intelligence (AI) regulations targeting high risk AI systems, after Colorado, according to the National Law...

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US Reps Hill and Steil Call for Digital Assets Legislation to ‘Unleash Innovation’
US Reps Hill and Steil Call for Digital Assets Legislation to ‘Unleash Innovation’
February 20, 2025  |  Cryptocurrency

Digital asset legislation is needed in the U.S. to “unleash innovation” while protecting consumers and national security, two members of the House Financial Services Committee (HFSC)...

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