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Saturday, May 17th, 2025

Home » Regulation » Page 222

Regulation

Maine Gov. Mills signs legislation reimbursing municipalities for marijuana businesses

By Liz Carey   |   April 26, 2022   |   Cannabis Banking

Maine Gov. Janet Mills signed into law Friday a bill that would allow the state to reimburse municipalities for their expenses to permit adult-use marijuana businesses. The legislation, LD 1195, a...

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Senators seek investigation of training repayment agreements

By Douglas Clark   |   April 25, 2022   |   Featured

A group of senators, led by U.S. Sens. Sherrod Brown (D-OH), chair of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, and Patty Murray (D-WA), chair of the U.S. Senate Health, Educat...

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CFPB, New York Attorney General detail MoneyGram complaint

By Douglas Clark   |   April 25, 2022   |   Industry

The Consumer Financial Protection Bureau (CFPB) and New York Attorney General Letitia James have outlined a legal complaint against MoneyGram International, Inc. and MoneyGram Payment Systems, Inc. ...

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Acreage Holdings opens two cannabis dispensaries in New Jersey

By Dave Kovaleski   |   April 25, 2022   |   Cannabis Banking

Cannabis company Acreage Holdings launched adult-use cannabis dispensaries in two New Jersey locations -- Egg Harbor Township and Williamstown. Acreage is among the inaugural group of cannabis ope...

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House Oversight and Reform Committee Republicans denounce postal banking pilot program extension

By Douglas Clark   |   April 22, 2022   |   Federal

U.S. Reps. James Comer (R-KY), Patrick McHenry (R-NC), and Blaine Luetkemeyer (R-MO) recently forwarded correspondence to Postmaster General Louis DeJoy, stating that the United States Postal Service ...

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NYC Mayor Adams proposes $4.8M to promote growth of cannabis industry

By Dave Kovaleski   |   April 22, 2022   |   Cannabis Banking

New York City Mayor Eric Adams has proposed a $4.8 million investment in the Fiscal Year 2023 (FY23) budget to promote the growth of the cannabis industry in the city. The funding will be used to f...

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Rep. Buchanan introduces legislation to provide more tax incentives for start ups

By Dave Kovaleski   |   April 22, 2022   |   Featured

U.S. Rep. Vern Buchanan (R-FL) introduced legislation in the House that would provide tax incentives to spur innovation for start-ups. Buchanan’s American Innovation Act (H.R. 7503) would raise t...

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iTrustCapital details total transaction growth

By Douglas Clark   |   April 21, 2022   |   Digital Currency

Crypto IRA (individual retirement accounts) software platform iTrustCapital said it has reached $5 billion in total transaction volume and attributes the growth to its user experience. "Digital As...

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Rep. Perlmutter urges Senate to pass SAFE Banking Act

By Dave Kovaleski   |   April 21, 2022   |   Cannabis Banking

U.S. Rep Ed Perlmutter (D-CO) sent a letter to his colleagues in the U.S. Senate, urging them to pass the SAFE Banking Act. The SAFE Banking Act, which Perlmutter sponsored, would allow legal, lice...

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New Jersey opens 13 cannabis dispensaries for recreational use

By Dave Kovaleski   |   April 21, 2022   |   Cannabis Banking

The State of New Jersey joins the ranks of states that have legalized cannabis for recreational use. Starting April 21, New Jersey residents and visitors to the state who are 21 years and older ca...

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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

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