The Credit Union National Association (CUNA) voiced its support for including the Secure and Fair Enforcement (SAFE) Banking Act in the final version of the America COMPETES Act. The SAFE Banking ...
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On Wednesday, the Pennsylvania Senate approved legislation from state Sens. John DiSanto (R-Dauphin/Perry) and Sharif Street (D-Philadelphia) to provide legal cannabis businesses in that state with ac...
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Crypto and digital asset exchange CrossTower has launched a perpetual futures trading option through its Bermuda digital exchange. "Perpetual futures provides investors critical tools that can faci...
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A new report from the U.S. Government Accountability Office (GAO) found regulatory uncertainty around small-dollar loans impeded banks from offering these products. The report examined the impact ...
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A special session called by New Jersey state regulators last week resulted in a slew of license approvals that will kick-start New Jersey’s recreational marijuana market and clear away a logjam of a...
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U.S. Sen. Pat Toomey (R-PA) sent a letter to Securities and Exchange Commission (SEC) Chair Gary Gensler on the SEC’s proposed amendments to money market fund rules. On December 15, the SEC prop...
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Cannabis cultivation facility operator Ascend Wellness Holdings (AWH) has been approved to serve adult-use consumers in New Jersey. "It is an honor to be part of the inaugural group of cannabis bus...
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U.S. Sen. Sherrod Brown (D-OH) is commending the Biden administration's recent decision to take action regarding addressing consumer medical debt. Last month, Brown advocated for the Biden administ...
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The National Association of Federally-Insured Credit Unions (NAFCU) was among several industry trade associations that offered feedback on the Consumer Financial Protection Bureaus (CFPB) request for ...
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A group of state insurance regulators adopted a new standard for insurance companies to report their climate-related risks, the National Association of Insurance Commissioners (NAIC) announced at its ...
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U.S. Rep. Alex Mooney (R-WV) Wednesday introduced a bill this week in the U.S. House of Representatives that would require the Consumer Financial Protection Bureau (CFPB) to employ a more rigorous cos...
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The Consumer Finance Protection Bureau's (CFPB) Credit Union Advisory Council (CUAC) recently conducted a joint session with the Community Bank Advisory Council (CBAC) regarding technology and relatio...
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Cannabis, hemp and CBD industry enterprise software company Akerna has estimated that cannabis shoppers will spend nearly $130 million on legal cannabis on April 20, known as 420. The Akerna Flash ...
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National Association of Federally-Insured Credit Unions (NAFCU) Board Member Rodney Hood recently advocated cannabis banking normalization within the financial services industry during an Emerging Mar...
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U.S. Sen. Mike Braun (R-IN) and U.S. Rep. Tom Emmer (R-MN) recently introduced legislation that seeks to address federal spending growth in the coming decades through flexible budget caps. The Resp...
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U.S. Treasury Secretary Janet Yellen discussed digital assets policy, innovation, and regulation in a speech delivered April 8 at American University’s Kogod School of Business Center for Innovation...
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The Consumer Financial Protection Bureau (CFPB) is proposing a rule that would prevent consumer reporting agencies (CRAs) from including negative information resulting from abuse suffered by survivors...
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Multi-state cannabis operator Jushi has closed its agreement to acquire NuLeaf, Inc., a Nevada-based vertically integrated operator, for $53.6 million. “We are excited to announce the closing of ...
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U.S. Sens. Ron Wyden (D-OR) and Rob Portman (R-OH) released a discussion draft of legislation that would ban foreign tax credits for companies that pay taxes to the Russian government. “We have b...
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U.S. Sen. Sherrod Brown (D-OH) is urging the Federal Reserve and the Office of the Comptroller of the Currency to ensure that any bank-approved bank mergers serve communities and small businesses as o...
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