Donald Trump wants to put a temporary cap on credit card interest rates at 10%, according to a Wednesday post on X by the official X account for the Trump campaign. Trump proposed the idea at a campaign rally in New York, the Wall Street...
The Biden administration said Friday (Sept. 13) that it plans to change trade rules that it said have been abused by China-founded eCommerce platforms. The administration’s proposed rules changes target the de minimis exception that allows imported products to enter the United States without duties...
Coinbase reportedly plans to continue its “elevated policy spend” through the U.S. presidential election and beyond. Beyond the U.S. election, the cryptocurrency exchange will continue its policy spend as it faces issues in other parts of the world, Coinbase Chief Financial Officer Alesia Haas said Wednesday...
Regulatory clarity within the United States is one of the cryptocurrency industry’s top goals. The sector isn’t scared of spending big to get closer to it, a Wednesday (Aug. 21) report showed. Forty-eight percent of all corporate money contributed to date during the 2024 election...
August 16, 2024
Things may get better over the longer term, but right now things are tough. To that end, the University of Michigan’s Consumer Sentiment Index, gauging the overall mindset on everything from politics to inflation, was higher for the month of August thus far — just a bit. But that’s over the longer term — the […]
July 12, 2024
Prudent regulation is needed in helping to define the risks and rewards in emerging partnerships between financial institutions and banks — but current regulatory efforts may be too vague, critics...
May 29, 2024
The technology for central bank digital currencies (CBDCs) already exists. And as dozens of countries around the world have proven, in less time than it took to read this sentence,...
December 06, 2023
The question must be asked as Rep. Patrick McHenry, R-N.C., takes his leave of Congress: What happens to financial services regulation, and by extension, payments innovation? As had been widely...
September 20, 2024
Donald Trump wants to put a temporary cap on credit card interest rates at 10%, according to a Wednesday post on X by the official X account for the Trump campaign. Trump proposed the idea at a campaign rally in New York, the Wall Street Journal (WSJ) reported Thursday (Sept. 19). “While working Americans catch […]
September 13, 2024
The Biden administration said Friday (Sept. 13) that it plans to change trade rules that it said have been abused by China-founded eCommerce platforms. The administration’s proposed rules changes target...
September 04, 2024
Coinbase reportedly plans to continue its “elevated policy spend” through the U.S. presidential election and beyond. Beyond the U.S. election, the cryptocurrency exchange will continue its policy spend as it...
August 15, 2024
Senate Majority Leader Chuck Schumer believes crypto legislation could happen this year. Schumer made this comment Wednesday (Aug. 14) at an online event for cryptocurrency insiders who are backing Vice President Kamala Harris for...
