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Saturday, May 10th, 2025

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Leaders of Senate Finance Committee call on Biden to address digital trade laws

By Dave Kovaleski   |   February 3, 2022   |   Digital Currency

The leaders of the Senate Finance Committee, Chair Ron Wyden (D-OR) and Ranking Member Mike Crapo (R-ID), are calling on the Biden administration to work with the European Union to revise certain aspe...

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PCAOB launches two new committees, seeks nominations to serve on them

By Dave Kovaleski   |   February 2, 2022   |   Federal

The Public Company Accounting Oversight Board (PCAOB) has launched two new advisory groups — the Investor Advisory Group (IAG) and the Standards and Emerging Issues Advisory Group (SEIAG). The a...

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SEC releases annual report on Nationally Recognized Statistical Rating Organizations

By Dave Kovaleski   |   February 2, 2022   |   Featured

The U.S. Securities and Exchange Commission (SEC) issued its annual Staff Report on Nationally Recognized Statistical Rating Organizations (NRSROs) this week. The report provides a summary of the S...

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PIA announces top Issues of Focus, including flood insurance, tax issues

By Douglas Clark   |   February 2, 2022   |   Cannabis Banking

The National Association of Professional Insurance Agents (PIA) has released its Issues of Focus for 2022, with officials outlining flood insurance, tax issues, and crop insurance as priorities. â€...

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Silvergate details Diem Group acquisition

By Douglas Clark   |   February 2, 2022   |   Digital Currency

Digital currency infrastructure provider Silvergate Capital Corporation has detailed a transaction with Diem Group to acquire intellectual property and other technology assets to operate a blockchain-...

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Sen. Wicker, colleagues detail concerns regarding Treasury Department’s broadband rule in relation to COVID-19 funds

By Douglas Clark   |   February 1, 2022   |   Federal

U.S. Sen. Roger Wicker (R-MS) recently joined 10 colleagues to express their concerns regarding the agency's final rule for broadband infrastructure funding related to Coronavirus State and Local Reco...

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JEC issues report on need to close Medicaid coverage gap

By Dave Kovaleski   |   February 1, 2022   |   Featured

The Joint Economic Committee (JEC) issued a new report that looks at the benefits of closing the Medicaid coverage gap. In the 11 states that have not expanded Medicaid under the Affordable Care A...

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Rep. Payne criticizes New Jersey cannabis licensing decision

By Douglas Clark   |   February 1, 2022   |   Cannabis Banking

U.S. Rep. Donald M. Payne, Jr. (D-NJ) released a statement after none of the 56 licenses to sell cannabis in the State of New Jersey were issued to Black-owned businesses. “I am outraged to hea...

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Sens. Wyden, Crapo say U.S. should use trade tools to combat foreign censorship

By Dave Kovaleski   |   February 1, 2022   |   Federal

The leaders of the Senate Finance Committee say the United States should use trade tools to fight back against censorship and digital authoritarianism in China, Russia, and other countries. The cal...

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Rep. Ed Perlmutter

Rep. Perlmutter offers cannabis banking bill as amendment to America COMPETES Act

By Kim Riley   |   January 31, 2022   |   Cannabis Banking

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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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

  • House Republican leaders draft of bill to establish U.S. digital asset framework
  • Sen. Thune to expedite vote on GENIUS Act stablecoins bill
  • Federal Reserve Board withdraws crypto-asset bank guidance
  • PGI Global founder charged in crypto fraud scheme
  • SEC Crypto Task Force to hold crypto custody roundtable

Most Read Last 7 Days

  • Lawmakers urge reconsideration of Capital One-Discover merger
  • CFPB says it will not prioritize buy now, pay later enforcement
  • Reps. Smucker, Davids introduce bill to reduce student loan burden
  • House Republican leaders draft of bill to establish U.S. digital asset framework
  • Credit Suisse hit with $510M fine for IRS violations
  • Sens. Gallego, McCormick sponsor legislation to boost affordable housing supply
  • Huntington National Bank opens first branch in the Carolinas
  • Tariffs have begun harming small businesses, according to Senate committee report
  • Legislation would promote competition in mobile app marketplace
  • Stephen Luparello named chairman of OCC

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