U.S. Sen. Pat Toomey (R-PA) has forwarded correspondence to Export-Import Bank of the United States (EXIM) officials, expressing concerns regarding EXIM's Domestic Financing Program proposal. Toome...
Read More
The Internal Revenue Service (IRS) has laid out a plan to end the large pandemic backlog of unprocessed tax returns. The biggest part of the plan is to hire 10,000 new IRS employees to tackle the ...
Read More
Paxos, a regulated blockchain infrastructure platform, has received approval from the Monetary Authority of Singapore (MAS) to operate digital payments token services. With this license, Paxos bec...
Read More
In the wake of the House of Representatives passing the $1.5 trillion omnibus spending bill, the House Committee on Financial Services touted several provisions included in the measure. The omnib...
Read More
U.S. Sen. Marsha Blackburn (R-TN) is among a group of senators who introduced legislation that would require new standards and guidelines for Chinaʻs digital currency, the digital yuan. Blackburn...
Read More
The U.S. Securities and Exchange Commission (SEC) has proposed rule changes designed to enhance and standardize disclosures for cybersecurity risk management by public companies. The proposed amend...
Read More
The National Association of Federally-Insured Credit Unions (NAFCU) recently applauded Congressional inclusion of the Credit Union Governance Modernization Act (CUGMA) in the fiscal omnibus spending b...
Read More
Members of Congress generally responded favorably to President Joe Biden’s executive order on cryptocurrencies issued Wednesday. U.S. Sen. Sherrod Brown (D-OH), chairman of the Senate Committee ...
Read More
The White House announced Wednesday that President Joe Biden signed an executive order directing the federal government to look into cryptocurrencies and how to regulate the industry. According to...
Read More
Republican members of the House Financial Services Committee are urging Committee Chair Maxine Waters (D-CA) to act on a slate of legislative proposals that seek to further isolate the Putin regime in...
Read More