Today the U.K. Prime Minister announced his resignation, and this decision may delay the adoption of new regulation on crypto assets and Buy Now Pay Later sector. In addition to Boris Johnson, more than 40 high-ranked officials have resigned, leaving important key positions at government...
The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the Financial Crimes Enforcement Network (FinCEN), the National Credit Union Administration, and the Office of the Comptroller of the Currency (the agencies), on Wednesday, July 6, issued a joint statement urging...
A possible resignation of Boris Johnson as leader of the Tory party and Prime Minister in the U.K. may lead to a reshuffle of the cabinet and the need to fill key important positions in the government and other departments like the Treasury, which would...
The Competition and Markets Authority (CMA), the U.K.’s antitrust watchdog, is looking into Microsoft’s deal to buy Activision Blizzard for $68.7 billion, Reuters reported Wednesday (July 6), looking at whether this would cut competition in the country. Get the Full Story Complete the form to...
Graff Diamonds, a British luxury jeweler, has paid a ransom in bitcoin of $7.5 million to Conti, the Russian hacking gang which leaked data on the company’s big clients last year, Bloomberg reported Wednesday (June 6), citing a London lawsuit. Get the Full Story Complete...
The Consumer Financial Protection Bureau (CFPB) has terminated special regulatory treatments for two companies, Payactiv and Upstart, in less than one month, losing more than 20% of the firms using special procedures that seek to foster innovation. First, on June 8, the bureau terminated Upstart’s...
Today, the U.K. Competition Markets Authority launched an investigation against Amazon for allegedly giving its own sellers an unfair advantage in its marketplace over third parties. The Department of Commerce closed a consultation requesting stakeholders’ feedback on how to build a new crypto regulatory framework,...
Germany’s Delivery Hero and its Spanish business Glovo were raided by European Union antitrust regulators, the online food ordering companies said Wednesday (July 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
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