U.S. Reps. Patrick McHenry (R-NC) and Tim Ryan (D-OH) are urging Treasury Secretary Janet Yellen to provide clarity ahead of the expected preliminary guidance on the new digital asset reporting requir...
Read More
A group of Congress members has raised concerns about high energy usage by six cryptomining companies. The lawmakers sent a letter to Riot Blockchain, Marathon Digital Holdings, Stronghold Digital ...
Read More
U.S. Sen. Dianne Feinstein (D-CA) is seeking information on how the Treasury Department and the Internal Revenue Service (IRS) are tracking the use of digital currencies for human and drug trafficking...
Read More
House Committee on Financial Services Chairwoman Rep. Maxine Waters (D-CA) recently outlined provisions in the America Creating Opportunities for Manufacturing Pre-Eminence in Technology and Economic ...
Read More
The Securities and Exchange Commission (SEC) proposed amendments to the reporting form for private fund investment advisors. The proposed amendments to Form PF are designed to enhance the Financia...
Read More
U.S. Rep. Nancy Mace (R-SC) recently praised Amazon's support of the States Reform Act (H.R. 5977), which Mace introduced in November 2021 to end federal cannabis prohibition. “Amazon is making a...
Read More
U.S. Sens. Tim Scott (R-SC), Pat Toomey (R-PA), and Ted Cruz (R-TX) will introduce a bill that seeks to reform the governance of the Federal Deposit Insurance Corporation (FDIC). The FDIC Board Go...
Read More
The Consumer Financial Protection Bureau (CFPB) launched an initiative designed to reduce “junk fees” charged by banks and financial companies. The bureau says that companies are increasingly c...
Read More
As other countries like China develop central bank digital currencies (CBDCs) that lack the same benefits and protections of cash, the United States must ensure that it produces policy that protects t...
Read More
The New York State Office of Cannabis Management (OCM) recently unveiled a new Medical Cannabis Program certification and registration system that offers ease of use while expanding eligibility criter...
Read More