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Senators ramp up opposition to IRS reporting plan

Senators ramp up opposition to IRS reporting plan Congressional pushback against the reconciliation package’s ICBA-opposed IRS reporting proposal continued with commentary from Senate leaders....

Oct 08, 2021
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Article
Taxes & Budget

Senators continue opposition to 7(a) direct lending

Senators continue opposition to 7(a) direct lending A group of 15 Republican senators led by Tim Scott (S.C.) continued pushing back against ICBA-opposed proposed changes to the SBA 7(a) loan...

Oct 07, 2021
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Article
Lending

DOJ team to target crypto platforms

DOJ team to target crypto platforms The Justice Department has launched a team to target cryptocurrency platforms that support money laundering, a top DOJ official said The Justice Department has...

Oct 07, 2021
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Article
Digital Assets Technology

Global regulators issue guidance on stablecoin oversight

Global regulators issue guidance on stablecoin oversight Central bankers and international securities regulators issued guidance on how financial market principles would apply to stablecoins....

Oct 07, 2021
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Article
Digital Assets Technology