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Articles by Robert Dobkin
Promissory Notes - Banking & Finance Insights, Volume 2, Issue 11 2022 | JD Supra
Schumer: Senate ‘Very Close’ To Passing SAFE Banking Act - “The House of Representatives passed the bill for the sixth time earlier this year.” Why this is important: The passage of the Secure And Fair Enforcement Banking Act will improve public safety within the communities where cannabis-related legitimate businesses operate by reducing the amount of cash on hand at such businesses. Following the midterm elections, recreational adult cannabis use is legal in nearly half of the country.
Promissory Notes - Banking & Finance Insights, Volume 2, Issue 9 | JD Supra
Is SAFE Banking Act Getting Closer to Passage? Senators Agree Public Safety Issues are at Play "Sen. Jeff Merkley (D-OR), the sponsor of the SAFE Banking Act, talked about violent crime targeting marijuana businesses and workers, as well as bipartisan support for stand-alone legislation." Why this is important: Notwithstanding the uncertainty of federal regulation and decriminalization efforts, the legal cannabis industry continues to grow and contribute to the overall economy.
Currents - Energy Industry Insights, Volume 6, Issue 5 | JD Supra
Cap and Trade Gets a Big Win in Pennsylvania. Will It Last? "Pennsylvania Gov. Tom Wolf (D) announced that his administration had finalized a regulation to join the Regional Greenhouse Gas Initiative, a cap-and-trade program for power plants encompassing 12 Northeastern states." Why this is important: The Regional Greenhouse Gas Initiative ("RGGI") is a cap and trade program designed to reduce greenhouse gas emissions.
Promissory Notes - Banking & Finance Insights, Volume 2, Issue 3 | JD Supra
US Virginia Senate Allows State Banks to Offer Crypto Custody Services - "Delegate Christopher T. Head introduced the bill back in January 2022, seeking an amendment to allow eligible banks to offer crypto custody services." Why this is important: I'll try to make this straightforward, but that's not easy. Cryptocurrency, obviously, is fungible, independent "currency," like BitCoin. It is not traditional "currency," and it is not backed by any government.
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