PYMNTS-MonitorEdge-May-2024

Congress

Senators Move To Keep Export-Import Bank Alive
Senators Move To Keep Export-Import Bank Alive
July 26, 2019  |  B2B Payments

U.S. lawmakers submitted a bill to Congress Wednesday (July 24) in an effort to reauthorize the nation’s Export-Import Bank for the next decade. Politico said...

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Even For Smart Sprinklers, Security Matters
Even For Smart Sprinklers, Security Matters
July 24, 2019  |  Internet of Things

The Internet of Things (IoT) continues to grow in popularity: A recent International Data Corporation (IDC) study projects there will be 41.6 billion IoT devices...

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Libra’s Long Week In Washington 
Libra’s Long Week In Washington 
July 22, 2019  |  Regulation

While we cannot accurately say that the two days Facebook’s David Marcus were the worst two days a Facebook executive has ever had in front...

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Bitcoin Price Sinks On Libra Concerns
Bitcoin Price Sinks On Libra Concerns
July 18, 2019  |  Bitcoin

Lawmakers doubts over Facebook‘s planned cryptocurrency, Libra, is having a negative impact on bitcoin. The Wall Street Journal reported that bitcoin’s price fell to about...

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Marcus: Facebook’s Libra To Be Regulated By Swiss Gov’t
Marcus: Facebook’s Libra To Be Regulated By Swiss Gov’t
July 15, 2019  |  Cryptocurrency

David Marcus, the head of Facebook’s blockchain department and the face of its proposed cryptocurrency Libra, has released his congressional testimony ahead of a scheduled...

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Lawmakers Propose Bill To ‘Keep Big Tech Out Of Finance’
Lawmakers Propose Bill To ‘Keep Big Tech Out Of Finance’
July 14, 2019  |  Regulation

Just days before the Facebook Libra hearings, a draft bill to limit “Big Tech’s” entry into finance and crypto has surfaced online. The draft discussion...

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Cannabis Law Reform Gains Momentum In Congress
Cannabis Law Reform Gains Momentum In Congress
July 11, 2019  |  Legal

In a first-ever congressional hearing on marijuana law reform, the House Judiciary Subcommittee on Crime, Terrorism and Homeland Security convened July 10 to debate altering...

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Fed Chairman Calls For Libra Freeze; Bitcoin Slumps
Fed Chairman Calls For Libra Freeze; Bitcoin Slumps
July 11, 2019  |  Cryptocurrency

The chairman of the U.S. Federal Reserve called for a stop to Libra, Facebook’s proposed cryptocurrency, until the project better demonstrated how it was going...

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Fed’s Powell Shares Libra Concerns With US Lawmakers
Fed’s Powell Shares Libra Concerns With US Lawmakers
July 10, 2019  |  Facebook

The Chairman of the Federal Reserve Jerome Powell spoke to a congressional committee on Wednesday (July 10) about the organization’s concerns with Facebook’s proposed cryptocurrency...

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