NJ Operations Regulation 
PYMNTS
NOVEMBER 9, 2020
Nellie Pou introduced new cryptocurrency regulations in a bill titled “Digital Asset and Blockchain Technology act,” on Thursday, Nov. The bill would require digital asset service providers that wish to operate in New Jersey to be licensed by the state’s Department of Banking Insurance or by another state’s equivalent license.
CFPB Monitor
NOVEMBER 7, 2019
Filed in New Jersey federal district court, CDIA’s complaint alleges that the NJ requirement to make credit file disclosures available in multiple languages is preempted by federal law and violates the First Amendment of the U.S. Accordingly, CDIA’s members cannot comply [with NJ law] without violating [the federal FCRA].”.
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PYMNTS
FEBRUARY 25, 2020
A “future bank” focused solely on providing regulated services for digital assets is preparing to start, according to Coindesk on Monday (Feb. Meanwhile, a New Jersey lawmaker has introduced a bill that would require cryptocurrency firms to obtain a license before being able to operate, according to Coin Telegraph.
PYMNTS
SEPTEMBER 10, 2018
A review of the app in NJ Online Gambling said that “FanDuel seems to have passed on million-dollar attention-grabbing schemes for its sportsbook, instead focusing on ease of use, especially where payment processing is concerned. based sports betting operator GVC Holdings on a 50-50 joint gambling venture. Before the U.S.
CFPB Monitor
AUGUST 7, 2019
On July 30, 2019, Acting New Jersey Governor Sheila Oliver signed into law SB 1149 , which requires student loan servicers to be licensed, creates an Office of the Student Loan Ombudsman within the NJ Department of Banking and Insurance, imposes various requirements, and prohibits certain conduct. Licensing requirement.
PYMNTS
JUNE 14, 2019
Regulators have recently moved to divide up antitrust oversight of four big tech companies, which observers take as a sign that inquiries and regulatory processes are soon to follow. According to reports, as of June 24th the service is officially shutting down after four years in operation in over 20 U.S. cities as well as in London.
William Mills
SEPTEMBER 12, 2017
I checked out their web site and they are promoting their IOS/Google Play mobile apps (no surprise) and I found this: This website is operated and maintained by Collective Returns, Inc. Chatham Township, NJ 07928. VERY Cool mobile, user experience. dba StashInvest (“Stash”), an SEC registered investment adviser.
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