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Proposal Would Allow SMBs To Get Another PPP Loan 

PYMNTS

Cardin, the ranking member of the Small Business Committee, along with Senators Chris Coons (D-Delaware) and Jeanne Shaheen (D-New Hampshire) introduced the bill in the Senate. The lawmakers say the nation’s small businesses continue to struggle as the shutdown continues. “In In the House, U.S.

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Delaware federal district court rules that because enforcement action filed by unconstitutionally structured CFPB was valid, it stopped running of statute of limitations

CFPB Monitor

The Delaware federal district court, in CFPB v. National Collegiate Master Student Loan Trust et al. , has rejected the Trusts’ argument that because the enforcement action was filed by an unconstitutionally structured CFPB, it was void when filed and could not stop the statute of limitations from running.

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Bitcoin Daily: India Gov’t Makes Blockchain Regulation Recommendation; Bitfinex Ordered To Freeze $860K Of Bitcoin Paid By Ransomware Attack Victim

PYMNTS

The National Institute for Smart Governance (NISG) in India has published a report recommending that laws around blockchain should be based on what the technology does, and not the technology itself, according to a report Tuesday (Jan. said that national policy might not be enough in terms of crypto regulation. . “We

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Bitcoin Daily: Argentina's Crypto Exchanges See Record Growth In 2020; JD.com Sees 20,000 Digital Yuan Transactions In 24 Hours

PYMNTS

Suzhou, located in East China's Jiangsu Province, is at the frontlines for China's push to enact a national digital currency. The expansion includes 10 new states: Georgia, Hawaii, Nevada, New Mexico, Ohio, Oregon, Maryland, West Virginia, Delaware and Rhode Island, according to the release. on Friday (Dec.

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Delaware federal district court certifies questions regarding CFPB’s enforcement authority and constitutionality to Third Circuit for interlocutory appeal

CFPB Monitor

National Collegiate Master Student Loan Trust et al. , the district court rejected the Trusts’ arguments that they were not “covered persons” under the CFPA and that because the enforcement action was filed by an unconstitutionally structured CFPB, it was void when filed and could not stop the statute of limitations from running.

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Radius Bank in Boston Launches National SBA Lending Platform

American Banker

Radius Bank in Boston has recruited a team to lead a national push into Small Business Administration lending. Among the new hires is Diane Gallion, a former executive at The Bancorp in Delaware, who will be national director of government-guaranteed lending at Radius.

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Amazon To Shut Down Free Sample Program

PYMNTS

Ron Wyden of Oregon, Chris Van Hollen of Maryland, Ed Markey of Massachusetts, Chris Coons of Delaware and Gary Peters of Michigan sent a letter Wednesday (Nov. They asked whether the technology could be accessed by foreign entities and whether the technology posed a risk to national security.

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