News

GENIUS Act sets new rules for stablecoins, aiming to boost U.S. leadership in digital assets—though critics warn of regulatory flaws and conflicts of interest.
Meanwhile, the move by Congress to pass the stablecoin legislation without attaching another piece of payments legislation, ...
This week, the House will vote on the GENIUS act, a bill to regulate stablecoins. Here’s what that could mean for the future ...
The Credit Card Competition Act is a bipartisan bill that, according to its backers, is intended to break up what they view as a Visa-Mastercard duopoly.
Banks are gearing up to take on payments competition from stablecoins, which could increase after Congress passed the Genius ...
The Credit Card Competition Act aims to lower swipe fees for merchants. But many disagree on what this means for consumers.
Among other key changes, Article 7 expands the definition of an ‘anti-unfair competition act’ and Article 40 formally ...
Airlines and travelers worry The Credit Card Competition Act could end frequent-flyer and rewards programs.
It is not illegal to possess market power, but according to Australia’s Competition and Consumer Act 2010, it is illegal to use it “for the purpose, effect, or likely effect of substantially ...
The ill-named Credit Card Competition Act (CCCA) attempts to “mandate competition”––and theoretically lower swipe fees––by forcing credit card issuers to process transactions on ...
Passed in 1920, the Jones Act severely limits competition in the American shipping market by requiring that ships operating between U.S. ports be American-built, American-crewed, and American-flagged.
The Credit Card Competition Act of 2023 is pitting retailers against banks. Proponents say it’ll benefit merchants by lowering some of their operating costs, enabling them to reduce prices ...