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Why lawmakers want to review how cannabis business banks

New York lawmakers are taking a more active interest in the unfurling of the cannabis sector. ....

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New York Attorney General James Proposes Nation-Leading Regulations On Cryptocurrency Industry - Crypto Regulation, Protection, Transparency, And Oversight (CRPTO) Act Would Eliminate Conflicts Of Interest, Increase Transparency, And Impose Commonsense Measures To Protect Investors

<p><span>New York Attorney General Letitia James today announced </span><a title="https://ag.ny.gov/sites/default/files/2023-05/OAG-Crypto-Bill 0.pdf" target=" blank" rel="noopener" href="https://ag.ny.gov/sites/default/files/2023-05/OAG-Crypto-Bill 0.pdf">landmark legislation to tighten regulations on the cryptocurrency industry</a><span> to protect investors, consumers, and the broader economy. The multi-billion-dollar industry lacks robust regulations, making it prone to dramatic market fluctuations, and has been used to hide and facilitate criminal conduct and fraud. Attorney General James’ program bill, which proposes the strongest and most comprehensive set of regulations on cryptocurrency in the nation, would increase transparency, eliminate conflicts of interest, and impose commonsense measures to protect investors, consistent with regulations imposed on other financial servi ....

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New York Lawmakers Announce Joint Committee Hearing On Marijuana Banking

New York lawmakers will hold a joint meeting of two committees next month to consider establishing a “legal framework” to provide banking services to the state’s marijuana industry. The Assembly Banks Committee and Economic Development, Job Creation, Commerce and Industry Committee announced the May 11 public hearing on Monday. People interested in testifying are being […] ....

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New York Governor's 2024 fiscal budget proposal targets overdraft and NSF fees | Ballard Spahr LLP

On February 2, 2023, New York Governor Kathy Hochul released her 2024 fiscal budget proposal, which included banking policy to “Protect New Yorkers from Predatory Banking Fee” in the. ....

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The 2022 Bronx Power 100

The local power brokers upending stereotypes about the borough. ....

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