U.S. Sen. Lindsey Graham, R-S.C., who has been oft-critical of social media companies, said he wants to regulate and maybe license the companies, including big names like Meta’s Facebook or Twitter, Reuters wrote. Graham said he’s working on a measure with Sens. Elizabeth Warren (D-MA)...
Several U.S. senators have sent a letter asking the Office of the Comptroller of the Currency (OCC) to cut back previous cryptocurrency guidance in favor of more comprehensive rules, a press release from Warren said. Sens. Elizabeth Warren (D-Mass.), Dick Durbin (D-Ill.), Sheldon Whitehouse (D-R.I.),...
In response to some senators’ requests for information, Apple said in a letter that its new COVID-19 website and app would abstain from using any user data later on. Sens. Bob Menendez, Kamala Harris, Cory Booker and Richard Blumenthal were behind the inquiry. The website...
A group of senators have introduced a bill that would classify Facebook’s proposed cryptocurrency Libra as a security under the law, according to a report by CNBC. The move would potentially add to the already numerous regulatory hurdles that Facebook and the Libra Association would...
July 02, 2024
Four Democratic U.S. Senators have a message for bankrupt FinTech Synapse: Let your customers get access to their deposits. The four senators — Senate Banking Committee chair Sherrod Brown of Ohio, Ron Wyden of Oregon, Tammy Baldwin of Wisconsin and Pennsylvania’s John Fetterman — wrote to the company’s owners and FinTech partners Monday (July 1), […]
September 13, 2022
U.S. Sen. Lindsey Graham, R-S.C., who has been oft-critical of social media companies, said he wants to regulate and maybe license the companies, including big names like Meta’s Facebook or...
August 10, 2022
Several U.S. senators have sent a letter asking the Office of the Comptroller of the Currency (OCC) to cut back previous cryptocurrency guidance in favor of more comprehensive rules, a...
April 13, 2020
In response to some senators’ requests for information, Apple said in a letter that its new COVID-19 website and app would abstain from using any user data later on. Sens....
