Elon Musk might be headed for a courtroom fight with social media giant Twitter, in the wake of Musk dropping out of his $44 billion proposal to buy the company out, The Wall Street Journal reported Saturday (July 9). Get the Full Story Complete the...
A new U.S. antitrust bill targeting Big Tech companies might be doomed to stay in the Senate if it doesn’t pass before Congress’ summer recess, Seeking Alpha reported Sunday (July 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Google has offered to make several concessions to stave off a possible Department of Justice (DOJ) antitrust lawsuit tied to its ad-tech business, The Wall Street Journal (WSJ) reported Friday (July 8). Get the Full Story Complete the form to unlock this article and enjoy...
Federal Reserve Vice Chair Lael Brainard said it’s time to add some regulatory teeth to the cryptocurrency industry before it becomes so pervasive that it poses financial stability risks, Reuters reported Friday (June 8). Get the Full Story Complete the form to unlock this article...
This week, the U.S. Treasury proposed to the White House a plan to strengthen international cooperation on crypto regulation to make sure that the country leads the way in setting international standards aligned with U.S. values. The Department of Commerce also closed a consultation on...
In recent months, the Consumer Financial Protection Bureau (CFPB) has increased the use of soft tools, such as advisory opinions, circulars or blog posts, to complement its rulemaking authority. These tools, which are more on the advocacy side than on the enforcement side, are arguably...
The Secretary of the Treasury on Thursday (July 7) delivered to President Biden a report suggesting that more engagement with foreign counterparts and in international organizations is needed if the U.S. wants to make sure that digital assets around the world respect America’s core values...
The Consumer Financial Protection Bureau (CFPB) on Thursday (July 7) handed down new data privacy and cybersecurity regulations to dictate how companies can use and share credit reports and background reports under the Fair Credit Reporting Act. Get the Full Story Complete the form to...
Digital payments FinTech Flutterwave has denied any wrongdoing after a court in Kenya froze its bank accounts. 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...
