A last-minute bipartisan effort to package a credit card swipe fee amendment into a larger spending bill was ultimately unsuccessful. Sen. Dick Durbin (D-Ill.) and...
It’s a movie that everyone in the payments industry has seen at least once: Merchants challenging the card networks over interchange. The latest attempt, spearheaded...
A new proposal would offer cryptocurrency exchanges a safe harbor for listing tokens that might be securities. Draft legislation by Senate Banking Committee member Bill...
A pair of U.S. congressmen have introduced the House companion to the Senate’s Credit Card Competition Act of 2022, designed to bring more choice to...
A pair of U.S. senators have introduced a bipartisan bill to exempt low-value cryptocurrency transactions from capital gains tax reporting requirements. Legislation introduced on Tuesday...
Republican U.S. lawmakers want to ban app stores from hosting apps that let payments be made with the Chinese digital currency, Reuters reported Thursday (May...
A big effort to regulate crypto in the U.S. could come with a bill to set roles for the two government watchdogs, a report from...
At a U.S. Senate hearing Wednesday (May 4), Visa and Mastercard defended their credit card fees while retailers and consumer groups accused the card networks...
The chairman of the United States Senate Finance Committee is urging fellow Democrats to protect cryptocurrency innovators. In an interview with The Financial Times, Sen....