Payments News Update – April 22, 2021
Posted 04/22/21
Legal and Regulatory Developments
SPOTLIGHT: At Congressional Hearing, Panelists Question Why Crypto and Fintech Firms Need Bank Licenses
The Block – April 15, 2021
Congress collected feedback from legal minds on how fintech firms may use or abuse banking licenses. The hearing, entitled “Banking Innovation or Regulatory Evasion? Exploring Trends in Financial Institution Charters,” included former...