Cryptocurrency sector-backed super political action committees (PACs) have become one of the top three fundraisers in the 2024 election season. With more than $102 million raised, these groups are behind only the super PAC backing Ron DeSantis’ failed presidential campaign and the one backing Democratic Senate...
American companies are outpacing European ones on innovation and technology. That’s what the head of Norway’s $1.6 trillion oil fund told the Financial Times Wednesday (April 24), and his comments came as just a day later, on Thursday (April 25), French President Emmanuel Macron urged...
OpenAI is taking steps to prevent the misuse or exploitation of its artificial intelligence (AI) technology in upcoming global elections. The company is continuously updating its approach to address the challenges associated with the use of AI tools in elections, OpenAI said in a Monday...
U.S. lawmakers are engaged in discussions over a potential deal that could provide $70 billion worth of tax breaks for businesses and families. The proposal, which includes renewing expired business tax breaks and boosting the child tax credit, has the potential to provide an unexpected...
December 06, 2023
The question must be asked as Rep. Patrick McHenry, R-N.C., takes his leave of Congress: What happens to financial services regulation, and by extension, payments innovation? As had been widely reported Tuesday (Dec. 6), McHenry said that he won’t seek re-election when his current term is up. McHenry, who briefly served as interim speaker of […]
October 28, 2022
It’s hard to think of any type of payment more fraught with legal restrictions and privacy issues than political donations. And that’s doubly true when those donations are in bitcoin...
October 24, 2022
Congress is out of session. The midterm elections loom. Rep. Patrick McHenry (R-N.C.) told Karen Webster that regardless of the outcome, stablecoin regulation will be on the agenda when legislators...
March 04, 2022
Asking cryptocurrency exchanges to block the addresses of their Russian users last weekend, Ukraine’s Vice Prime Minister Mykhailo Fedorov said: “It’s crucial to freeze not only the addresses linked to...
May 10, 2024
A bill that promises regulatory clarity for digital assets has moved a step closer to a vote in the U.S. House. The House Committee on Rules said Friday (May 10) that it will consider the Financial Innovation and Technology for the 21st Century (FIT21) Act (H.R. 4763), which means the bill could go to a floor vote later in […]
May 06, 2024
Cryptocurrency sector-backed super political action committees (PACs) have become one of the top three fundraisers in the 2024 election season. With more than $102 million raised, these groups are behind...
January 15, 2024
OpenAI is taking steps to prevent the misuse or exploitation of its artificial intelligence (AI) technology in upcoming global elections. The company is continuously updating its approach to address the...
January 15, 2024
U.S. lawmakers are engaged in discussions over a potential deal that could provide $70 billion worth of tax breaks for businesses and families. The proposal, which includes renewing expired business...
