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Senate Hearing Focuses On Need For Crypto Oversight

PYMNTS

In a hearing titled “Examining Regulatory Frameworks for Digital Currencies and Blockchain,” the United States Senate Banking Committee heard from industry participants and analysts, with a common refrain that potential and risk are in the offing, and new regulations are needed. In separate remarks, Rebecca M.

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Pro-Pot SAFE Banking Act Hits Roadblock In US Senate

PYMNTS

The bill would prevent federal regulators from targeting banks that accept deposits from legal cannabis operators. Aside from committee chairman Mike Crapo, R-Idaho, none of the Republican committee members attended the hearing.” Take California as one example.

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Aaron Stetter: Back to Capitol Hill

Independent Banker

No other event provides more opportunities for community bankers to engage with lawmakers, regulators and government officials. In the past, this has included former Treasury secretary Steve Mnuchin, former Senate Banking Committee chairman Mike Crapo (R-Idaho), Senator Joe Manchin (D-W.Va.), and many more. Washington, D.C.,

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What Is Powering The Emerging Pawnaissance?

PYMNTS

Interest rates on pawn loans vary as they are regulated by states. Regulations require that pawnbrokers request proof of ownership before making a deal with a potential customer — but the less reputable players in the industry have a nasty habit of forgetting to ask. So what is driving the Pawnaissance?

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The Digital Evolution Of The Online Gaming Ecosystem

PYMNTS

Congress can regulate sports gambling directly, but if it elects not to do so, each state is free to act on its own.”. states, with only Arizona, Hawaii, Idaho, Montana, Nevada and Washington labeling DFS as illegal. The decision opened the floodgates to legalized sports betting – both in-person and online – in the U.S.

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The 2022 GonzoBanker Awards

Gonzobanker

As if that wasn’t enough, regulators took a sledgehammer to debit fee income with Reg II changes that will begin reducing card-not-present interchange fees starting in July 2023. This was a year when executives witnessed first-hand how a failed digital conversion impacts strategic, reputation, and operational risk.

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The 2019 GonzoBanker Awards

Gonzobanker

Kent Oram, CEO, Idaho Central Credit Union – As evolution, revolution and occasional shareholder dilution occur across the industry, a leader in Idaho has quietly worked over the past 12 years on accumulating legendary performance. The Fundamentals Still Matter Award – Goes to the once flashy MetroBank in the United Kingdom.

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