U.S. Reps. Mike Carey (R-OH) and Greg Landsman (D-OH) introduced legislation in the U.S. House of Representatives that seeks to enhance the ability of unemployed individuals to start their own busines...
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The Commodity Futures Trading Commission advanced two recommendations on the impacts of proposed U.S. bank capital requirements and liquidity management for derivatives. The recommendations were ma...
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Payment processing company Visa hit a new milestone with its tokenization technology, as Visa tokens have generated more than $40 billion in incremental ecommerce revenue for businesses globally. O...
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The Securities and Exchange Commission settled charges against investment advisory firm, Mass Ave Global. The proceedings against Mass Ave Global and its co-founder and CEO Winston M. Feng were for...
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The Consumer Financial Protection Bureau (CFPB) has initiated a public inquiry into junk fees found in mortgage closing costs. The CFPB is seeking to find out why closing costs are increasing, who...
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The U.S. Department of the Treasury published a risk assessment that examines vulnerabilities associated with Non-fungible Tokens (NFTs) and NFT platforms. The Treasury’s 2024 Non-fungible Token ...
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There is cautious optimism among economists about the global economy, according to the latest Chief Economists Outlook released by the World Economic Forum. The report found that 82 percent of chi...
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On Thursday, U.S. Sens. Elizabeth Warren (D-MA) and Sheldon Whitehouse (D-RI), urged the U.S. Trustee program (USTP) to education borrowers and other stakeholders about new bankruptcy guidance that ma...
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Last week, the U.S. House of Representatives passed a bill that would prohibit the Federal Reserve from issuing a central bank digital currency (CBDC). Unlike decentralized cryptocurrencies, like B...
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The U.S. House of Representatives passed a bill this week that seeks to provide consumer protections and regulatory certainty for digital assets. The Financial Innovation and Technology for the 21...
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