Russia’s Industry and Trade Minister Denis Manturov said the nation is expecting to legalize crypto payments “sooner or later,” indicating resolution of the matter may be nearing. So reports Bitcoinist.

Top finance officials expressed great uncertainty about the widespread adoption of artificial intelligence (AI) in the financial services industry at a recent congressional committee meeting focused on “RegTech.”

A U.S. financial regulatory agency is reaching to the bottom of its proverbial handbag to combat problematic nonbank lenders–at least that is what it is saying in light of a recent change in its oversight agenda.

Sen. Sherrod Brown, chairman of the U.S. Senate Committee on Banking, Housing and Urban Affairs, said in a recent interview he is skeptical of neo-banks like Chime since they do not operate under the same rules as legacy banks. So reports Business Insider.