A group of U.S. senators have introduced a bill that would require decentralized finance (DeFi) services to meet the same anti-money laundering (AML) and economic sanctions compliance obligations as o...
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A bipartisan bill was introduced in the U.S. Senate this week that seeks to help small business owners integrate digital tools into their businesses. Specifically, the Small Business Technological ...
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The Credit Union National Administration (CUNA) is urging the Consumer Financial Protection Bureau (CFPB) to exclude financial institutions from its definition of “data broker.” The recommend...
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U.S. Reps. Mike Kelly (R-PA) and Jodey Arrington (R-TX) introduced legislation that would limit the amount of information that certain nonprofit organizations are mandated to report to the Internal Re...
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A new survey from the International Swaps and Derivatives Association (ISDA) examines the development of capital and derivatives markets in emerging market and developing economies (EMDEs). The sur...
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The U.S. House of Representatives passed a bill this week that seeks to reduce red tape and streamline the process of gathering information at the Securities and Exchanges Commission (SEC) Office of t...
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U.S. Sens. Ron Wyden (D-OR) and Mike Crapo (R-ID) have launched an initiative to address uncertainties surrounding the tax treatment of digital assets. Wyden, chair of the Senate Finance Committee,...
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A new study by the Credit Union National Association (CUNA) and the American Association of Credit Union Leagues (AACUL) examines the impact of debit card interchange legislation on consumers, small b...
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The Federal Reserve Bank of New York's New York Innovation Center (NYIC) and its partners are exploring the feasibility of an interoperable network for wholesale payments operating on a shared multi-e...
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The Consumer Financial Protection Bureau (CFPB), U.S. Department of Health and Human Services (HHS), and U.S. Department of Treasury are investigating the prevalence of high-cost specialty financial p...
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