May an online digital currency platform compel arbitration in a proposed class action brought by a former customer of a now-defunct cryptocurrency exchange?
Already the target of state and federal regulators, cryptocurrency is now being phased out of online advertising and social media.
Inching one step closer to passage, the full House of Representatives approved the so-called Madden fix bill by a vote of 245 to 171.
Two months into 2018, it feels a little like the calm before a regulatory storm in terms of cryptocurrency regulation.
Federal lawmakers discussed financial technology at a recent hearing, with topics ranging from regulatory sandboxes to marketplace lending.
In cryptocurrency news, the Vermont legislature is considering a bill that would create a tax on digital currency transactions, while the Securities and Exchange Commission (SEC) released a statement on enforcement actions.
2017 was a banner year for digital finance, as cryptocurrency made headlines, the SEC cracked down on ICOs, alternative lenders broadened their portfolios and the industry entered the mainstream.
Finding the action unripe, a federal court judge has dismissed the New York Department of Financial Services’ (DFS) challenge to the Office of the Comptroller of the Currency’s (OCC) decision to grant special purpose national bank charters.
The House Financial Services Committee, by a vote of 42 to 17, passed a bill that would affect a “Madden fix,” moving the legislation forward to the full House of Representatives for consideration.
In his last remarks as Acting Comptroller of the Office of the Comptroller of the Currency (OCC), Keith A. Noreika took on the “taboo” topic of removing the separation between banking and commerce.