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Saturday, May 10th, 2025

Home » Regulation » Page 16

Regulation

Reps. Hill, Steil introduce draft bill to establish stablecoin framework

By Dave Kovaleski   |   February 10, 2025   |   Digital Currency

U.S. Reps. French Hill (R-AR) and Bryan Steil (R-WI) released a discussion draft of a bill to establish a framework for the issuance of dollar-denominated payment stablecoins in the United States. ...

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Legislation would help IRS process paper tax returns

By Melina Druga   |   February 10, 2025   |   Federal

Bipartisan legislation recently introduced in the U.S. Senate would help improve the processing of Internal Revenue Service (IRS). The Barcode Automation for Revenue Collection to Organize Disburse...

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Federal Reserve issues hypothetical scenario for 2025 bank stress test

By Dave Kovaleski   |   February 7, 2025   |   Federal

The Federal Reserve Board released the hypothetical scenarios that will be used for its annual bank stress test. The stress test is designed to ensure that large banks can lend to households and bu...

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House resolution supports blockchain technology, digital assets

By Melina Druga   |   February 7, 2025   |   Digital Currency

A resolution recently introduced in the U.S. House of Representatives expresses support for blockchain technology and digital assets. The resolution affirms that the United States should prioritize...

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Legislation introduced to ease regulatory burden on local banks, credit unions

By Liz Carey   |   February 7, 2025   |   Federal

Legislation introduced by U.S. Sen. Mike Rounds (R-SD) would ease regulatory requirements on smaller banks and credit unions. The Taking Account of Institutions with Low Operation Risk (TAILOR) Ac...

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FDIC releases documents related to supervision of banks involved in crypto activities

By Dave Kovaleski   |   February 7, 2025   |   Digital Currency

The Federal Deposit Insurance Corporation (FDIC) released 175 documents related to its supervision of banks involved in crypto-related activities. Acting FDIC Chairman Travis Hill directed staff to...

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Senate bill would allow president to sanction foreign entities who facilitate illegal immigration

By Dave Kovaleski   |   February 5, 2025   |   Federal

U.S. Sens. Tim Scott (R-SC) and Bernie Moreno (R-OH) introduced legislation that would allow the president to place economic sanctions on foreign entities facilitating illegal immigration into the Uni...

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APCIA outlines potential impacts on insurance industry if tariffs go into effect

By Dave Kovaleski   |   February 5, 2025   |   Featured

The American Property Casualty Insurance Association (APCIA) outlined some of the impacts of President Donald Trumps proposal to increase tariffs on trade partners. On Tuesday, a 10 percent additio...

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SEC approves Intercontinental Exchange’s ICE Swap Trade application

By Dave Kovaleski   |   February 4, 2025   |   Federal

The U.S. Securities and Exchange Commission (SEC) approved the Intercontinental Exchange’s application for registration as a security-based swap execution facility (SBSEF). What this means is th...

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Legislation introduced to exclude catastrophe mitigation payments from income tax

By Liz Carey   |   February 4, 2025   |   Federal

Legislation introduced Friday would exclude qualified catastrophe mitigation payments from gross income, officials said. The legislation, Disaster Mitigation and Tax Parity Act of 2025, was introd...

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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
  • Huntington National Bank opens first branch in the Carolinas
  • Forward Air board under fire from activist investor Ancora
  • Tariffs have begun harming small businesses, according to Senate committee report
  • Sens. Gallego, McCormick sponsor legislation to boost affordable housing supply
  • Stephen Luparello named chairman of OCC

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