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Melinda Lucy

Reporter · US

Indexed articles, last 90 days
44
Latest publication
Oct 1, 2026
Outlet visibility, for yahoo.com
Top 1K sites
Earliest in this view
Jul 8, 2026

Latest articles

  1. Article · Oct 1, 2026 · Melinda Lucy

    CFTC files two 'swap' definition change rules to White House (opens the original)

    Excerpt · Neutral tone · English

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    The Commodity Futures Trading Commission, or CFTC, submitted two proposals to the White House this week to adjust how the agency defines "swaps" under federal law as part of its legal strategy to exert authority over regulating prediction markets. The submissions, one filed as a "proposed" rule and the other as an "interim final" rule, were filed to the Executive Office of the President's Office of Information and Regulatory Affairs, or OIRA, on Monday. Neither has been published in full yet, bu

  2. Article · Sep 30, 2026 · Melinda Lucy

    OCC approves first CEBA credit card bank in 20 years (opens the original)

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    Credit card issuer Mission Lane has been conditionally approved for a credit card bank charter. The Office of the Comptroller of the Currency issued a decision letter announcing the approval on Friday for a limited-purpose credit card bank charter under the 1987 Competitive Equality Banking Act, or CEBA. The decision was issued five months after Mission Lane originally filed its charter application in April of this year. The approval is the first of this type of limited-purpose bank charter in t

  3. Article · Sep 25, 2026 · Melinda Lucy

    New York sues Polymarket, alleging 'illegal gambling' (opens the original)

    Excerpt · Critical tone · English

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    Prediction markets are facing increased legal pressure in New York due to litigation from state officials. Governor Kathy Hochul and Attorney General Letitia James announced a lawsuit against Polymarket US on Thursday, alleging the company is "running an illegal gambling operation" through its prediction market platform. Franco Granda, a senior research analyst at PitchBook specializing in private company coverage, told American Banker that he was not surprised by the lawsuit announcement. "New

  4. Article · Sep 18, 2026 · Melinda Lucy

    Online lending platform files de novo bank charter request (opens the original)

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    Avant, an online lending fintech for middle-income consumers, is joining the queue of fintechs applying for bank charters. The fintech filed applications on Friday with the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation to establish Avant Bank, according to a company statement. The OCC did not immediately respond to a request for confirmation, and the public portion of the filing has not yet been released. "A bank charter would enable further diversificat

  5. Article · Sep 16, 2026 · Melinda Lucy

    Circle publicly releases Arc blockchain to institutions (opens the original)

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    Circle Internet Group has publicly launched its open blockchain network for institutions. The digital asset company released Arc, its stablecoin-based distributed ledger for institutional use, to the public main network (mainnet) on Wednesday morning after building it over the last year. The launch joins other institution-built blockchains such as Coinbase's Base and Stripe and Paradigm's Tempo at a time where digital asset regulation in the U.S. is in flux after a procedural vote for the CLARIT

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