WASHINGTON, Feb. 22 (TNSrep) -- The Congressional Research Service issued the following report (No. R48430) on Feb. 20, 2025, entitled "Banking and Cryptocurrency: Policy Issues." The report is written by financial economics specialists Paul Tierno and Andrew P. Scott and macroeconomic policy specialist Marc Labonte. Here are excerpts: * * * SUMMARY The rapid growth in value of cryptocurrencies and digital assets (hereinafter, crypto) has led to growing banking needs for the crypto industr  more

WASHINGTON, Feb. 22 (TNSrep) -- The Congressional Research Service issued the following report (No. R48430) on Feb. 20, 2025, entitled "Banking and Cryptocurrency - Policy Issues:" (Continued from Part 1 of 3) * * * Regulation of Bank Activities Involving Crypto To date, there is no overarching framework for bank participation in crypto, nor is there an explicit regulatory framework for crypto markets more generally. To date, the bank regulators have not promulgated any rules through the not  more

WASHINGTON, Feb. 21 -- Sen. Deb Fischer, R-Nebraska, issued the following news release: * * * Fischer, Smith, Ricketts Celebrate USPS Plans to Keep Mail Operations in North Platte, Additional Investment Today, U.S. Senator Deb Fischer (R-Neb.), U.S. Representative Adrian Smith (NE-03), and U.S. Senator Pete Ricketts (R-Neb.) issued the following statements after the United States Postal Service (USPS) announced that local mail processing operations will remain at the North Platte Mail Process  more