Illinois recently shifted its timeline for implementing a groundbreaking law aimed at abolishing card interchange fees on taxes and tips. Initially anticipated to take effect this year, the introduction of this regulation has now been deferred to 2026, highlighting significant economic and legal
Recent developments in the U.S. cryptocurrency sector have captured attention with the passage of the GENIUS Act in the Senate. This legislation, aimed at establishing a federal regulatory framework for stablecoins, marks a pivotal moment for the digital asset industry. Stablecoins, a unique type
Introducing Kofi Ndaikate, a distinguished expert in the fast-evolving landscape of fintech who offers invaluable insights into the intricate world of digital transformation. With a wealth of knowledge across blockchain, cryptocurrency, and the essential regulations guiding these technologies,
In recent years, the U.S. Consumer Financial Protection Bureau (CFPB) has faced significant challenges, particularly during the Trump administration. At the core of these challenges is the resignation of Cara Petersen, who served as the Acting Enforcement Director of the CFPB. Petersen pointedly
The evolving landscape of student loans in the United States has placed numerous borrowers in challenging and often untenable positions, particularly under recent policy shifts. Many individuals encounter mounting difficulties in managing their financial obligations, set against the backdrop of
In a strategic shift aimed at bolstering economic interests, the U.S. Justice Department has opted to modify its enforcement of the Foreign Corrupt Practices Act (FCPA), implementing a reduced approach to regulation. Originally enacted in 1977, the FCPA was designed to combat corporate malfeasance
