With the start of the new year comes new regulatory priorities, regulatory challenges, and regulatory opportunities for fintechs. Below, we lay out considerations for 2025 given the change in administration and accompanying...more
1/24/2025
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Consumer Financial Protection Bureau (CFPB) ,
Enforcement Actions ,
Enforcement Priorities ,
FDIC ,
Financial Regulatory Reform ,
Financial Services Industry ,
FinTech ,
Payment Systems ,
Popular ,
Proposed Rules ,
Regulatory Agenda ,
Trump Administration
Following months of public hearings and reports on credit card rewards programs, on December 18, 2024, the Consumer Financial Protection Bureau (CFPB) released a circular (Circular) to other law enforcement agencies alleging...more
If an outright ban of Bitcoin is not the correct approach, what is? More to the point, what does Bitcoin (and virtual currency in general) need to for legitimacy?...more
On January 27, 2014, the Department of Justice publicly announced it had filed criminal charges against Charles Shrem for operating an unlicensed money transmitting business, conspiracy to commit money laundering, and failure...more
Given the growing acceptance of Bitcoins, Congressional and state regulator interests have piqued.
Two Senate subcommittees— the Senate Committee on Homeland Security and Governmental Affairs and the Senate Committee...more
Two bills have emerged as dueling proposals to reform the GSEs: the Housing Finance Reform and Taxpayer Reform Act (the “Corker-Warner Bill”) in the Senate, and the Protecting American Taxpayers and Homeowners Act of 2013...more