Single Origin

The Evolving Landscape of Merchant Processing and Cannabis Sales

After much anticipation and comments from some Senators, on May 16, 2024, the United States Department of Justice (the “DOJ”) began formal proceedings to reschedule marijuana as a less dangerous drug, and on May 21, 2024, the DOJ published a notice of proposed rule-making (“NPRM”) to reschedule marijuana (cannabis) from a Schedule I controlled substance to a Schedule III.

Navigating Merchant Account Holds and Freezes: Understanding the Impact and Solutions

In today’s digital age, businesses rely heavily on electronic payment processing to facilitate transactions with customers. Whether it’s purchasing goods online or swiping a credit card at a retail store, the smooth operation of these transactions is essential for businesses to thrive. However, there are instances where merchants encounter obstacles in the form of merchant account holds and freezes, disrupting cash flow and causing significant headaches.

CFPB’s New Final Rule: Restricting Credit Card Late Fees and Its Potential Impact

Senators Cynthia Lummis and Kirsten Gillibrand recently introduced a pivotal piece of legislation aimed at establishing a comprehensive regulatory framework for stablecoins. This move has added a significant dimension to the ongoing debate within Congress concerning digital assets. In this article, we delve into the key aspects of the Senate stablecoin bill, highlighting its implications and the regulatory landscape it seeks to create.

DOJ’s New Pilot Program for Individual Voluntary Self-Disclosures: A Strategic Shift for the Payment Industry

Senators Cynthia Lummis and Kirsten Gillibrand recently introduced a pivotal piece of legislation aimed at establishing a comprehensive regulatory framework for stablecoins. This move has added a significant dimension to the ongoing debate within Congress concerning digital assets. In this article, we delve into the key aspects of the Senate stablecoin bill, highlighting its implications and the regulatory landscape it seeks to create.

Steering Through Legislative Currents: Comprehending the Senate’s Stablecoin Companion Legislation

Senators Cynthia Lummis and Kirsten Gillibrand recently introduced a pivotal piece of legislation aimed at establishing a comprehensive regulatory framework for stablecoins. This move has added a significant dimension to the ongoing debate within Congress concerning digital assets. In this article, we delve into the key aspects of the Senate stablecoin bill, highlighting its implications and the regulatory landscape it seeks to create.

FTC’s Noncompete Ban: A Game-Changer for Businesses and Workers

Noncompete agreements, also known as noncompete clauses, are contractual terms that prevent employees from working for a competitor or starting a competing business for a specified period after leaving their current employer. These agreements have long been a contentious issue, with proponents arguing that they protect businesses’ intellectual property and trade secrets, while critics maintain that they stifle competition and limit workers’ job mobility.