Senate

Tweet It to Believe It: SBF Speaking at House Hearing

Tweet It to Believe It: SBF Speaking at House Hearing
Tweet It to Believe It: SBF Speaking at House Hearing
December 09, 2022  |  Cryptocurrency

The one-time billionaire founder of failed Crypto exchange FTX, Sam Bankman-Fried, is heading to Washington. This, as the fallen king of crypto tweeted to Congresswoman and...

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Sen. Lummis: FTX Collapse Should Speed Consideration of Crypto Bill
Sen. Lummis: FTX Collapse Should Speed Consideration of Crypto Bill
November 28, 2022  |  Cryptocurrency

U.S. Sen. Cynthia Lummis said the fall of FTX should speed consideration of a bill on regulating cryptocurrencies. Lummis introduced the bill to the legislature...

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CFTC’s Behnam to Testify at Senate Committee on FTX
CFTC’s Behnam to Testify at Senate Committee on FTX
November 21, 2022  |  Cryptocurrency

The collapse of cryptocurrency exchange FTX will be the focus of a Dec. 1 hearing to be held by the U.S. Senate Committee on Agriculture,...

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Calls for Stablecoin Regulation Gain Urgency as New Congress Looms
Calls for Stablecoin Regulation Gain Urgency as New Congress Looms
November 16, 2022  |  Cryptocurrency

The drumbeat for stablecoin regulation grows louder. But the questions — the what, when, and especially the how it all gets done — are still...

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Credit Card Swipe Fee Amendment Pulled From Defense Spending Bill
Credit Card Swipe Fee Amendment Pulled From Defense Spending Bill
October 12, 2022  |  Credit Cards

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...

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The Unintended Consequences of Durbin’s Proposed Routing Legislation
The Unintended Consequences of Durbin’s Proposed Routing Legislation
October 10, 2022  |  Credit Cards

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...

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Senate Bill Would Offer Safe Harbor for Crypto Exchanges
Senate Bill Would Offer Safe Harbor for Crypto Exchanges
September 30, 2022  |  Cryptocurrency

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...

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Lawmakers Debut House Version of Credit Card Competition Act
Lawmakers Debut House Version of Credit Card Competition Act
September 19, 2022  |  Credit Cards

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...

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