News Release
Banks, Credit Unions Should Not Be Threatened for Doing Business with Cannabis Industry
Cannabis businesses have real trouble securing banking services, due to the fact their product remains illegal under federal law. Today the Senate Banking Committee held…
News Release
Heavy-Handed Regulations Could Deny Consumers the Benefits of New Facebook Cryptocurrency
The House Financial Services Committee will hold a hearing todayfocused on Facebook’s new cryptocurrency, “Libra.” The hearing will consider the cryptocurrency’s impact on consumers, investors and…
News Release
Mnuchin Pushes Discredited Arguments Against Cryptocurrency
On news today that Treasury Secretary Steven Mnuchin warned against Facebook’s proposed digital currency, Libra, as a national security risk and potential boon to “money…
News Release
Senate Bill Targets Big Tech but Empowers Regulators over Consumers or Investors
Senate lawmakers Mark Warner (D-VA) and Josh Hawley (R-MO) have a new bill to force Big Tech firms (like Facebook, Google, and Amazon) to calculate…
News Release
Regulators Should Let Consumers and Merchants Decide the Fate of Facebook’s Cryptocurrency
Facebook, Inc. today released a white paper outlining plans to launch a new cryptocurrency named “Libra.” According to the white paper, Libra would be built…
News Release
SEC Threatens Access to Cryptocurrency and Other Digital Goods
The Competitive Enterprise Institute today released a report warning that government regulation of cryptocurrency as a “security” threatens innovation in financial transactions and other consumer…