Legislation

Legislation is law which has been promulgated by a legislature or other governing body or the process of making it. Before an item of legislation becomes law it may be known as a bill, and may be broadly referred to as "legislation", while it remains under consideration to distinguish it from other business.

(source: en.wikipedia.org)

Policymakers Grapple With AI Regulation Balancing Act
Policymakers Grapple With AI Regulation Balancing Act
May 30, 2024  |  artificial intelligence

As artificial intelligence (AI) rapidly advances, policymakers worldwide find themselves grappling with the complex challenge of regulating this transformative technology. The debate over AI regulation...

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US House Passes Bill Requiring Congressional Authorization for CBDC
US House Passes Bill Requiring Congressional Authorization for CBDC
May 24, 2024  |  CBDC

The U.S. House of Representatives passed a bill Thursday (May 23) that would stop bureaucrats from issuing a central bank digital currency (CBDC) without explicit...

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Can Crypto’s Political Tailwinds Drive True Digital Asset Utility?
Can Crypto’s Political Tailwinds Drive True Digital Asset Utility?
May 23, 2024  |  Cryptocurrency

In the Bahamas, convicted cryptocurrency criminal Sam Bankman-Fried’s one-time penthouse is up for sale. Meanwhile, in the United States, the House of Representatives passed the Financial Innovation and Technology for...

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AI Regulations Take Shape Worldwide
AI Regulations Take Shape Worldwide
May 22, 2024  |  artificial intelligence

New artificial intelligence (AI) regulations are rolling out around the world. Colorado has become the first U.S. state to regulate AI, aiming to prevent consumer...

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SEC Chair: House Crypto Bill Creates ‘Immeasurable Risk’
SEC Chair: House Crypto Bill Creates ‘Immeasurable Risk’
May 22, 2024  |  Cryptocurrency

The head of the SEC says new cryptocurrency legislation will undermine his agency’s work. Hours before a scheduled vote Wednesday (May 22), Securities and Exchange Commission (SEC)...

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New Legislation Could Exempt Banks From Durbin’s Debit Fee Cap Impact
New Legislation Could Exempt Banks From Durbin’s Debit Fee Cap Impact
May 21, 2024  |  Banking

For banks eyeing the impact of the Durbin Amendment — and the prospect of debit interchange caps — there might be some relief coming from Congress. A bill that was approved...

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European Council Approves AI Act, Says It Sets Global Standard
European Council Approves AI Act, Says It Sets Global Standard
May 21, 2024  |  artificial intelligence

The European Council (EC) has approved the Artificial Intelligence (AI) Act, saying this law is the first of its kind in the world and may set a global...

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Congress Sets Stage for FinServ Regulation to Heat Up This Summer
Congress Sets Stage for FinServ Regulation to Heat Up This Summer
May 20, 2024  |  Regulation

As the Consumer Financial Protection Bureau got an effective “green light” from the Supreme Court to keep operating, and as several bills have made their way out of committee...

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Bill Raising Asset Thresholds for Banking Regulations Heads to House Vote
Bill Raising Asset Thresholds for Banking Regulations Heads to House Vote
May 17, 2024  |  Bank Regulation

The House Financial Services Committee (HFSC) voted Thursday (May 16) to advance a bill that would raise the asset thresholds for several regulations covering banks from $10 billion to...

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