Legal & Regulation

Legal & Regulation
Prosecutors Want Bankman-Fried Jailed but Drop FTX Campaign Finance Charges
July 27, 2023

The soap opera of Sam Bankman-Fried continues, and the latest developments show the script might be going off the rails. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

ANTITRUST
Microsoft’s Teams Target of EU Antitrust Investigation
July 27, 2023

Is Microsoft forcing customers to purchase its video conferencing app Teams? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form,...

CFPB
CFPB Probe Finds Abuse in Auto and Payday Loans
July 26, 2023

America’s consumer watchdog says it’s uncovered deception and abuse in several consumer financial products. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

ANTITRUST
DOJ Continues to Probe Visa Over Debit Cards, Other Payment Methods
July 26, 2023

Visa is reportedly under continued scrutiny by the U.S. Department of Justice. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...

Legal & Regulation
HFSC Chairman Says Bill Will Provide Digital Asset Regulatory Framework
July 26, 2023

A bill now in the U.S. House of Representatives would make it law that not all digital assets are securities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

ANTITRUST
CMA: Amazon Commits to Fair Competition in UK Marketplace
July 26, 2023

The United Kingdom’s Competition and Markets Authority (CMA) said Amazon has committed to ensure fair competition in its marketplace. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Legal & Regulation
UK’s CMA Finds HSBC Failed to Share Payment Transaction Histories
July 25, 2023

The U.K.’s Competition and Markets Authority (CMA) has found that HSBC has breached an order that requires banks to send payment transaction histories to some customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Legal & Regulation
What’s Missing from America’s AI Safety Pledge? Any Mention of EU 
July 24, 2023

The U.S. has historically regulated technical innovations sector by sector, rather than by overall capability. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Legal & Regulation
FTX Sues Sam Bankman Fried and Former Executives
July 21, 2023

The November 2022 collapse of FTX, one of the largest cryptocurrency exchanges, has sparked an investigation into the company’s finances. The latest development in the ongoing bankruptcy process took place on Thursday when lawyers for the exchange sued the company’s founder and former CEO, Sam...