Maryland Gov. Wes Moore recently signed into law two new consumer protection bills. One is the Earned Wage Access bill (SB94), which closes regulatory loopholes for app-based payday loans that allo...
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Oregon Gov. Tina Kotek recently signed legislation that provides up to $1 million per year in state tax credits for three years to newly chartered Oregon banks. The tax incentives apply to Oregon-...
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The Commodity Futures Trading Commission (CFTC) filed a lawsuit to halt the State of New York’s efforts to apply state gambling laws against CFTC-registered contract markets. In its complaint aga...
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New York Gov. Kathy Hochul issued an executive order that will prohibit state employees from using their inside information to make bets on prediction markets. Prediction markets such as Kalshi an...
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The Maine Bankers Association, an advocacy group advancing the interests of its members, and Stablecore, a platform enabling community and regional banks to offer stablecoins, tokenized deposits and d...
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The Commodity Futures Trading Commission (CFTC) is seeking a preliminary injunction and temporary restraining order against the state of Arizona over its laws regarding prediction markets. The CFTC...
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U.S. Rep. Maxine Waters (D-CA) is seeking information from the Federal Reserve Bank of Kansas City regarding its recent decision on a cryptocurrency exchange. The company Payward Financial, doing b...
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The National Federation of Independent Businesses has joined a coalition of business organizations in filing suit to challenge Minnesota’s new 14-point independent contractor test. The suit, fil...
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Oregon Coast Bank is acquiring Connect Community Bank and its branches located in Raymond and Long Beach, Wash. The acquisition will add approximately $70 million in assets, including $60 million i...
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Independent Bank is acquiring HCB Financial, the parent company of Highpoint Community Bank, in a cash and stock deal valued at approximately $70.2 million. The partnership combines two Michigan co...
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