Tag: legislation
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Congress members lob dueling gun code bills
As the debate over gun control continues to rage in Congress, lawmakers are putting forward dueling pieces of legislation in an attempt to address the issue. Background Gun violence has been a persistent problem in the United States for decades, with mass shootings occurring regularly and high rates of gun-related deaths. In response to these…
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Yellen asks Congress for stablecoin legislation
Recently, US Treasury Secretary Janet Yellen urged Congress to implement legislation that adequately regulates stablecoins, digital currencies designed to maintain a stable value against a widely adopted asset or basket of assets such as traditional currencies or commodities. Speaking before the House Financial Services Committee on July 14, Yellen expressed concerns over the potential risks…
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Payments regulation and legislation abound in 2024
Payments Regulation and Legislation Abound in 2024 Introduction As we step into the year 2024, the payments industry is witnessing a significant surge in regulations and legislation. Governments, financial institutions, and regulatory bodies around the world are increasingly focusing on enhancing security, consumer protection, and innovation in payment systems. This article will highlight some of…
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Florida weighs cashless ban
Florida is currently considering a significant decision that could affect businesses across the state. The debate revolves around the possibility of imposing a ban on cashless businesses. While this proposal has sparked intense discussions, it raises important questions about the potential consequences of effectively eliminating cash as a means of payment. Proponents argue that implementing…
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New York enacts surcharge law
What to Know New York has recently enacted a new surcharge law impacting various industries across the state. The law, which took effect on January 1, 2022, aims to address issues related to pricing transparency and consumer protection. Key Features of the Law Under the new legislation, businesses in New York must disclose any surcharges…
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Australia to broaden legislation for digital payment services
Australia to Broaden Legislation for Digital Payment Services The Australian government announced plans to introduce new legislation aimed at expanding the regulation of digital payment services across the country. The proposed laws aim to ensure the safety, security, and efficiency of these services, while also strengthening consumer protections and minimizing fraudulent activities. Under the new…
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Debate surrounds proposed Open Finance legislation in Brazil
The prospect of Open Finance has stirred immense debate within Brazil as proposed legislation aims to reshape the country’s financial landscape. Open Finance, which builds on the concept of Open Banking, is expected to allow consumers to share their financial data securely with authorized third-party providers for an enhanced range of …
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Crypto legislation would put US ‘back in the game,’ stakeholders say
In recent years, the United States has progressively fallen behind when it comes to cryptocurrency and blockchain technology adoption. Lack of regulatory clarity and a complex legal landscape have hindered innovation and pushed many crypto companies to relocate their operations overseas. However, stakeholders believe that the implementation of crypto legislation could rejuvenate the US, placing…
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Now’s the time for national EWA legislation
Now’s the time for national EWA legislation The world is rapidly evolving, and education is no exception. As we continue to adapt to an increasingly digital society, it is crucial that our laws and policies keep pace with the advancements in technology. One area that requires urgent attention is the issue of electronic waste, or…