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Depository Institutions’ Issuance of Payment Stablecoins The RFIA would permit depository institutions (i.e., insured banks, thrifts and credit unions) to hold and issue digital assets. [read post]
17 Jun 2022, 4:00 am by Jim Sedor
The legislation would also compel tax-exempt groups, including think tanks, to disclose high-dollar donations and gifts from foreign powers and require campaigns to verify that donors have a valid U.S. address, using the three-digit code on the back of credit cards. [read post]
10 Jun 2022, 11:26 am by Joanna Herzik
Updated 6/10/2022: We received a report of another scam. [read post]
1 Jun 2022, 11:50 am by Jennifer González
In states where the laws are inadequate or incomplete, child actors may turn to trade unions such as the Screen Actors Guild – American Federation of Television and Radio Artists (SAG-AFTRA) to protect them (for a fee). [read post]
26 May 2022, 8:58 am by Zak Gowen
Even if the Federal Reserve were to cap CBDC accounts at $5,000 per “end user,” the ABA estimates the deployment of digital central bank money could cause $720 billion in deposits to leave the banking system. [read post]
20 May 2022, 1:56 pm by David Kopel
" History shows that critics of perceived unconstitutional federal action are sometimes right. [read post]
18 May 2022, 11:24 am by James Williams
The two most important to be aware of are the European Union’s General Data Protection Regulation (GDPR) and the California Online Privacy Protection Act (CalOPPA). [read post]
6 May 2022, 9:14 am by Zak Gowen
European Central Bank Begins Exploring User Interfaces for Digital Euro PaymentsPYMNTS – May 2, 2022 The European Union (EU) will be moving ahead with its digital euro investigation, including exercises on how people will interact and pay with the digital coin if it is adopted. [read post]
5 May 2022, 8:37 am by Scott H. Kimpel
Engage in a public process to develop a comprehensive regulatory approach to crypto assets harmonized with the direction of federal regulations and guidance, creating consumer protections, with special attention to California’s state-chartered banks and credit unions. [read post]
3 May 2022, 8:16 am
The Ministry tell us so:As part of Germany’s G7 Presidency, the Federal Ministry of Labour and Social Affairs will host a digital conference on sustainable value chains on 6 May 2022. [read post]
24 Apr 2022, 9:51 am by Chris Castle
It’s quantitative because it digitally creates money on the books of the Federal Reserve and it’s easing because easy money. [read post]
1 Apr 2022, 5:01 am by Mark Montgomery
This investment will likely drive transformational improvements in federal and national cybersecurity capabilities. [read post]
18 Mar 2022, 8:56 am by Zak Gowen
The retailer lobby group wants Congress to investigate Visa and Mastercard’s “anti-competitive dominance” over the US credit and debit card markets, citing President Biden’s call in his State of the Union address to fight inflation by increasing competition. [read post]
18 Mar 2022, 7:44 am by Raquel Leslie, Brian Liu
  Most notably, the order encourages the Federal Reserve to explore the viability of a central bank digital currency (CBDC), or a “digital dollar. [read post]
17 Mar 2022, 10:34 am by Kevin Kaufman
Key Findings Policymakers on both the left and right have brought industrial policy back into focus after slow growth over the past few decades and growing concern over the state of America’s manufacturing sector. [read post]
11 Mar 2022, 9:03 pm by Caitlin Kim
The United States currently lacks a federal privacy regime, although members of Congress have proposed several privacy-related bills. [read post]
4 Mar 2022, 9:57 am by Zak Gowen
The digital payment option, which is mainly used online, is particularly popular with young consumers. . . . [read post]
4 Mar 2022, 9:22 am by Silver Law Group
Banks and credit union accounts are subject to state and federal regulators that limit the risks that they can take with your deposited money. [read post]
4 Mar 2022, 5:01 am by Raquel Leslie, Brian Liu
In a speech published Feb. 16 in the Chinese Communist Party’s bimonthly journal, Xi called for China to “accelerate the pace of legislation in the fields of digital economy, internet finance, artificial intelligence, big data, [and] cloud computing. [read post]