Financial technology company Avant has filed an application with the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) to establish a national bank, ...
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The U.S. House Financial Services Committee advanced legislation on Sept. 16 that stops states from forcing their own interest rate limits onto loans made by banks and credit unions chartered in oth...
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The board of the Federal Deposit Insurance Corporation (FDIC) made two key rulings this week to changes to the bank merger process and promote parity between state and national banks. The first pro...
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The Securities and Exchange Commission (SEC) is granting temporary exemption for cryptocurrency platforms to trade tokenized stocks. The trading platforms, or tokenized securities venues (TSV), bri...
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The Securities and Exchange Commission (SEC) is looking to rescind a rule that requires public companies’ to include a shareholder's proposal in its proxy statement. The SEC said that this mandat...
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New legislation approved by the House Ways and Means Committee this week seeks to provide cryptocurrency and digital asset investors with greater tax certainty and fewer tax compliance burdens. The...
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The U.S. House of Representatives passed legislation that gives state and local law enforcement the tools to investigate financial fraud and scams targeting older Americans. According to the FBI, s...
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The CLARITY Act, market structure legislation designed to establish a regulatory framework for cryptocurrency in America, failed to advance on Tuesday after a 49-50 procedural vote in the U.S. Senate....
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The U.S. House of Representatives passed on Monday legislation that would permanently end production of the penny for general circulation and modernize America’s coinage system. “Washington has...
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The U.S. Department of Justice has obtained multiple felony charges as part of its Operation No Doze initiative, which targeted fraud in the Small Business Administration’s small business COVID-era ...
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