In another effort to get his bipartisan SAFE Banking Act across the line, U.S. Rep. Ed Perlmutter (D-CO) on Friday filed the bill as an amendment to the massive domestic spending bill, the America COM...
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A group of lawmakers led by U.S. Sens. Bob Menendez (D-NJ) and Bill Cassidy (R-LA) is encouraging the Internal Revenue Service (IRS) to provide taxpayer penalty relief in the wake of ongoing agency pr...
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Business Roundtable, an organization comprised of chief executive officers representing the nation's leading companies, is advocating responsible Artificial Intelligence (AI) utilization. The organ...
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U.S. Reps. Patrick McHenry (R-NC) and Tim Ryan (D-OH) are urging Treasury Secretary Janet Yellen to provide clarity ahead of the expected preliminary guidance on the new digital asset reporting requir...
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A group of Congress members has raised concerns about high energy usage by six cryptomining companies. The lawmakers sent a letter to Riot Blockchain, Marathon Digital Holdings, Stronghold Digital ...
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U.S. Sen. Dianne Feinstein (D-CA) is seeking information on how the Treasury Department and the Internal Revenue Service (IRS) are tracking the use of digital currencies for human and drug trafficking...
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House Committee on Financial Services Chairwoman Rep. Maxine Waters (D-CA) recently outlined provisions in the America Creating Opportunities for Manufacturing Pre-Eminence in Technology and Economic ...
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The Securities and Exchange Commission (SEC) proposed amendments to the reporting form for private fund investment advisors. The proposed amendments to Form PF are designed to enhance the Financia...
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U.S. Rep. Nancy Mace (R-SC) recently praised Amazon's support of the States Reform Act (H.R. 5977), which Mace introduced in November 2021 to end federal cannabis prohibition. “Amazon is making a...
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U.S. Sens. Tim Scott (R-SC), Pat Toomey (R-PA), and Ted Cruz (R-TX) will introduce a bill that seeks to reform the governance of the Federal Deposit Insurance Corporation (FDIC). The FDIC Board Go...
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The Consumer Financial Protection Bureau (CFPB) launched an initiative designed to reduce “junk fees” charged by banks and financial companies. The bureau says that companies are increasingly c...
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Latin America-based e-commerce and digital financial services technology company Mercado Libre has detailed recent investments in Brazilian crypto native holding company 2TM Group and blockchain infra...
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As other countries like China develop central bank digital currencies (CBDCs) that lack the same benefits and protections of cash, the United States must ensure that it produces policy that protects t...
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The New York State Office of Cannabis Management (OCM) recently unveiled a new Medical Cannabis Program certification and registration system that offers ease of use while expanding eligibility criter...
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Crypto financial services company BlockFi said the Bermuda Monetary Authority has granted BlockFi's Bermuda subsidiary, BlockFi International Ltd., a Class F Digital Assets Business License. The l...
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U.S. Rep. Jared Golden (D-ME) is among a group of 27 House members who are calling for a ban on members of Congress from owning or trading stocks. Golden and his colleagues are urging House Speake...
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U.S. Rep. Patrick McHenry (R-NC) is urging U.S. Rep. Maxine Waters (D-CA), chair of the House Financial Services Committee, to review the current regulatory environment for digital assets in future he...
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U.S. Rep. Maxine Waters (D-CA) and U.S. Sen. Mark Warner (D-VA) forwarded correspondence last week to Federal Reserve officials, encouraging Community Development Financial Institution (CDFI) and Mino...
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The New York State Bar Association (NYSBA) has created a Cannabis Law Section for attorneys seeking guidance within the emerging market and practice area. The NYSBA cited the prior decision to conv...
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The head of the Independent Community Bankers of America (ICBA) issued a statement on the Federal Reserve Boardʻs recently released discussion paper on the potential for a U.S. central bank digital c...
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