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Bitcoin Daily: Public Blockchain Cardano Developing Chip That Creates Cash-Like Crypto; Brazil Probes Banks Turning Away Crypto Firms; Albania Proposal To Regulate All Crypto

PYMNTS

Cardano’s idea could create a fiat-like experience for users, and it could open up possibilities like authenticating and managing luxury goods, like the ability to identify a Louis Vuitton bag, for instance. With new microchip tech by Cardano , cryptocurrency users would be able to access payment services without an internet connection.

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Pentagon’s Vendor Payments Eyed In Bipartisan Bill

PYMNTS

The publication said Wednesday (May 23) that Senator Ben Cardin of Maryland and Senator Mike Enzi of Wyoming introduced their bill earlier in the week that would require the DoD to pay small business contractors, as well as large contractors with small subcontractors, within 15 days of receiving an invoice whenever possible.

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Data Dive, Supersize Edition: Warby Parker, Whole Foods And WhatsApp

PYMNTS

But the system has not yet managed its long-touted national expansion — and the issue at hand seems to be data processing. Indian regulation requires all payments data be processed in-nation — instead of on Facebook’s servers. The attackers managed to make off with user names and passwords.

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How the OCC is building Crypto America

Lex Sokolin

Passive ETF asset allocation assets have gone through the roof , in part because they are the choice of fee-based financial advisors and wirehouses that now control about $10 trillion in assets under management. American financial regulation is an alphabet soup, and has grown out of politics and crises. It is logic. It is statistics.

America 52
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How the OCC is building Crypto America

Lex Sokolin

Passive ETF asset allocation assets have gone through the roof , in part because they are the choice of fee-based financial advisors and wirehouses that now control about $10 trillion in assets under management. American financial regulation is an alphabet soup, and has grown out of politics and crises. It is logic. It is statistics.

America 52
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Utah’s new regulatory sandbox

CFPB Monitor

This bill created the nation’s third regulatory sandbox program for fintechs, after Arizona , which enacted sandbox legislation in March 2018, and Wyoming , which enacted sandbox legislation in February of this year. The size of transactions involving money transmission are similarly regulated on a case-by-case basis.

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Lemonade Insurance Review: Best for Simple Insurance Coverage

MyBankTracker

Lemonade is a fully licensed and regulated insurance company that serves customers in both the U.S. Perhaps one of the most striking things about Lemonade is the tech-oriented approach to purchasing and managing insurance policies. In some states, there are regulations that prevent them from replacing an active term policy: Florida.