Senate

Bitcoin Daily: Crypto Investor Sues IRS; Crypto Advocates Eye US Senate Bills That Target Encryption
Bitcoin Daily: Crypto Investor Sues IRS; Crypto Advocates Eye US Senate Bills That Target Encryption
July 15, 2020  |  Bitcoin

A former Coinbase user, Jim Harper, is looking to protect his privacy from the IRS through a lawsuit, CoinDesk reported. The user received a now-infamous...

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Senators Push For Bill That Would Force Retailers To Accept Cash
Senators Push For Bill That Would Force Retailers To Accept Cash
July 02, 2020  |  Payment Methods

If two U.S. senators get their way, cash will be king. Sens. Robert Menendez (D-New Jersey) and Kevin Cramer (R-North Dakota) have introduced a bipartisan...

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Senate Approves Five-Week Extension For Paycheck Protection Program 
Senate Approves Five-Week Extension For Paycheck Protection Program 
July 01, 2020  |  Loans

Just as the application deadline was set to expire on the Paycheck Protection Program (PPP) at midnight Tuesday (June 30), the U.S. Senate extended the...

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US Senate Committee Weighs Pros And Cons Of Digital Dollar
US Senate Committee Weighs Pros And Cons Of Digital Dollar
June 30, 2020  |  Digital Payments

Digital dollar advocates told a U.S. Senate committee on Tuesday (June 30) that electronic currencies could help consumers. However, committee Chairman Mike Crapo (R-Idaho) said...

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Today In Payments: ByteDance Bids For Singapore Banking License; AmEx Cleared To Process Transactions In China
Today In Payments: ByteDance Bids For Singapore Banking License; AmEx Cleared To Process Transactions In...
June 15, 2020  |  News

In today’s top news, ByteDance joins the race for one of Singapore’s five digital banking licenses, and American Express has received initial approval to process...

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President Trump Signs PPP Loan Flexibility Legislation
President Trump Signs PPP Loan Flexibility Legislation
June 05, 2020  |  Loans

As some firms grapple with meeting pivotal standards for loan forgiveness amid the pandemic, President Donald Trump signed a bill into law on Friday (June...

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Today In Payments: Senate Passes Bill To Extend PPP; Amex CFO Sounds Alarm Over Post-Lockdown Furloughs
Today In Payments: Senate Passes Bill To Extend PPP; Amex CFO Sounds Alarm Over Post-Lockdown...
June 04, 2020  |  News

In today’s top news, the Senate passes an amendment to the Paycheck Protection Program, Amex CFO voices concern as large companies’ pledges to freeze job...

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Two Republican Senators Hold Up PPP Amendment Bill
Two Republican Senators Hold Up PPP Amendment Bill
June 03, 2020  |  Loans

Two Republican Senators are holding up a bill that would extend the end date of the Paycheck Protection Program (PPP) from August until December, Roll...

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Senate Bill Would Double Time For PPP Loans
Senate Bill Would Double Time For PPP Loans
May 21, 2020  |  Loans

The U.S. Senate is on track to pass legislation that would double the time small- to medium-sized businesses (SMBs) have to use Paycheck Protection Program...

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