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“Dormant Commerce Clause” case law continues to evolve

CFPB Monitor

In a recent press release , the Pennsylvania Attorney General announced that settlements have been reached with Delaware and Florida lenders who made allegedly usurious loans to Pennsylvania residents. In apparent support of the settlement, the press release cites the Third Circuit’s decision in TitleMax of Delaware, Inc. I, § 8, cl.

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Third Circuit holds application of PA usury law to auto loans made to PA residents at out-of-state locations does not violate Commerce Clause

CFPB Monitor

The decision could have significant implications for all providers of consumer credit whose operations involve cross-border lending. In TitleMax of Delaware, Inc. Thus, by extending loans to Pennsylvanians, TitleMax takes an interest in property located and operated in Pennsylvania. Constitution. citations omitted.).

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Finance in motion— $1B moved for $0.02

Lex Sokolin

fee on Binance, $600M of Tether printed, $200M in DeFi lending This is what it looks like, this change in the atmosphere, the fireflies all lighting up as the night comes in. Not from a Bitcoin speculation point of view, but from an operating, business model perspective. Finance in motion— $1B moved for $0.02 We are here. We are in it.

Bitcoin 40
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Banking Is Only The Beginning: 30 Big Industries Blockchain Could Transform

CB Insights

Ultimately, the use cases for a transparent, verifiable register of transaction data are practically endless — especially since blockchain operates through a decentralized platform requiring no central supervision, while still remaining resistant to fraud. Payments and money transfers. Ride sharing.