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Wednesday, July 2nd, 2025

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Cannabis Banking

  • New York State hits $1B in cannabis retail sales
  • AICPA makes recommendations to IRS on cannabis businesses in advance of marijuana reclassification
  • CTrust launches credit scoring platform for cannabis businesses
  • Senators push for legal cannabis businesses to have SBA access
  • Delaware to consider bill protecting financial businesses serving legal marijuana industry

Digital Currency

  • CSBS issues guidance related to virtual currency
  • Banking committee Republicans issue principles for market structure legislation
  • U.S. Attorney’s Office files complaint over cryptocurrency ‘confidence scams’
  • Senate passes GENIUS Act to establish framework for stablecoins
  • AICPA provides criteria for controls over stablecoins

Most Read Last 7 Days

  • Federal Housing Administration proposes to eliminate green housing mandate
  • SEC names Kevin Muhlendorf as next inspector general
  • OCC closes the Santa Anna National Bank of Texas
  • Banking committee Republicans issue principles for market structure legislation
  • Legislation would spur economic growth through limited capital gains tax rate, Rep. Hill says
  • Delta crash, safety failures spark calls for CEO accountability amid soaring executive pay
  • Industry leaders launch effort to protect tax-exempt status of credit unions
  • Updated Senate Banking Committee provisions released for budget bill
  • U.S. Attorney’s Office files complaint over cryptocurrency ‘confidence scams’
  • House passes bills to protect homebuyers, expand access to capital

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