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Wednesday, May 14th, 2025

Home » Regulation » Page 242

Regulation

PIA announces top Issues of Focus, including flood insurance, tax issues

By Douglas Clark   |   February 2, 2022   |   Cannabis Banking

The National Association of Professional Insurance Agents (PIA) has released its Issues of Focus for 2022, with officials outlining flood insurance, tax issues, and crop insurance as priorities. â€...

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Sen. Wicker, colleagues detail concerns regarding Treasury Department’s broadband rule in relation to COVID-19 funds

By Douglas Clark   |   February 1, 2022   |   Federal

U.S. Sen. Roger Wicker (R-MS) recently joined 10 colleagues to express their concerns regarding the agency's final rule for broadband infrastructure funding related to Coronavirus State and Local Reco...

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JEC issues report on need to close Medicaid coverage gap

By Dave Kovaleski   |   February 1, 2022   |   Featured

The Joint Economic Committee (JEC) issued a new report that looks at the benefits of closing the Medicaid coverage gap. In the 11 states that have not expanded Medicaid under the Affordable Care A...

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Rep. Payne criticizes New Jersey cannabis licensing decision

By Douglas Clark   |   February 1, 2022   |   Cannabis Banking

U.S. Rep. Donald M. Payne, Jr. (D-NJ) released a statement after none of the 56 licenses to sell cannabis in the State of New Jersey were issued to Black-owned businesses. “I am outraged to hea...

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Sens. Wyden, Crapo say U.S. should use trade tools to combat foreign censorship

By Dave Kovaleski   |   February 1, 2022   |   Federal

The leaders of the Senate Finance Committee say the United States should use trade tools to fight back against censorship and digital authoritarianism in China, Russia, and other countries. The cal...

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Rep. Ed Perlmutter

Rep. Perlmutter offers cannabis banking bill as amendment to America COMPETES Act

By Kim Riley   |   January 31, 2022   |   Cannabis Banking

In another effort to get his bipartisan SAFE Banking Act across the line, U.S. Rep. Ed Perlmutter (D-CO) on Friday filed the bill as an amendment to the massive domestic spending bill, the America COM...

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Sens. Menedez, Cassidy lead effort to seek IRS taxpayer penalty relief

By Douglas Clark   |   January 31, 2022   |   Federal

A group of lawmakers led by U.S. Sens. Bob Menendez (D-NJ) and Bill Cassidy (R-LA) is encouraging the Internal Revenue Service (IRS) to provide taxpayer penalty relief in the wake of ongoing agency pr...

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Business Roundtable advocates responsible AI utilization, development

By Douglas Clark   |   January 31, 2022   |   Federal

Business Roundtable, an organization comprised of chief executive officers representing the nation's leading companies, is advocating responsible Artificial Intelligence (AI) utilization. The organ...

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Reps. McHenry, Ryan urge clarity on digital asset reporting requirements

By Dave Kovaleski   |   January 31, 2022   |   Digital Currency

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...

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Lawmakers express concerns over high energy usage by cryptominers

By Dave Kovaleski   |   January 31, 2022   |   Digital Currency

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 ...

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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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