While the U.S. Senate puts the finishing touches on the so-called “Big Beautiful Bill” in Washington, DC, state lawmakers in Minnesota will be watching and assessing the potential impact on the state budget and taxpayers. The Senate bill, which still ...

This is the first Enforcement Action Taken Under the Landmark Digital Financial Assets Law   SACRAMENTO – The California Department of Financial Protection and Innovation (DFPI) announced today that it has entered into a consent order with Seattle-based Coinme, Inc. (Coinme), ...

The U.S. government has secured a legal victory in its efforts to access crypto user data, with Coinbase at the heart of the case. After years of legal proceedings, the courts have ruled in favor of the IRS, granting it ...

Key Takeaways: The U.S. Supreme Court has ruled that the Hobbs Act does not require district courts in civil enforcement proceedings to follow federal administrative agencies’ legal interpretations of federal statutes. This ruling is a logical extension of Loper Bright, which, ...

REUTERS U.S. dollar banknotes are displayed in this illustration taken, February 14, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Prakhar Srivastava (Reuters) -Private equity-backed Jefferson Capital has secured a valuation of $1.2 billion after its shares rose 26.7% in their Nasdaq debut ...

PETALING JAYA: Debt collectors now have an association to begin a new era of professionalism, regulatory compliance and ethical practices. Za’ba Hasrin, president of the Association of Professional Debt Collection Agency Malaysia, in launching the body today, said there had ...

TransUnion on Tuesday released its Q1 2025 SA Industry Insights Report, which also shows that personal loans from banks had also gone up by 2.7%. Image: 123RF/ tashatuvango Consumers are increasingly taking out nonbank personal loans to meet their financial ...

Years ago, splitting big purchases like riding lawnmowers and exercise bicycles into palatable, interest-free payments gave rise to the buy-now-pay-later loan. These days, the industry is seeing customers put grocery orders and even takeout food on reverse layaway plans, as ...

NEW YORK -- All the major banks passed the Federal Reserve's annual “stress tests" of the financial system, the central bank said Friday, but the test conducted by the central bank was notably less vigorous than it had been in ...