Sen. Marshall proposes to add Credit Card Competition Act to crypto bill
By ABA Banking Journal Staff
AI Summary
- Senator Marshall has proposed an amendment to add credit card routing mandates to a cryptocurrency regulation bill.
- The new language would allow state attorneys general to seek civil penalties for violations of the proposed law.
Texas Relevance
The article does not explicitly mention Texas, TX, TCUD, or any Texas-specific entities. It is a federal proposal that applies nationwide.
Original Content
Den. Roger Marshall (R-Kan.) has proposed an amendment to add credit card routing mandates to an unrelated bill on cryptocurrency regulation, including new language that would empower state attorneys general to seek civil penalties for violations of the proposed law. The post Sen. Marshall proposes to add Credit Card Competition Act to crypto bill appeared first on ABA Banking Journal .