Following President’s Biden Executive Order on crypto assets issued in March, the Department of Commerce (DOC) launched a consultation in May seeking feedback that would help it to develop a regulatory framework to support digital assets technology. However, the results from this consultation suggest that...
Forever 21 owner Authentic Brands Group (ABG) and checkout technology firm Bolt said they are continuing their partnership after settling a lawsuit filed by ABG against Bolt, according to a Wednesday (July 6) press release. Get the Full Story Complete the form to unlock this...
The United Kingdom’s Competition and Markets Authority (CMA) is looking into whether Amazon “has a dominant position in the U.K. and whether it is abusing that position and distorting competition by giving an unfair advantage to its own retail business or sellers that use its...
Today in TechReg news, the European Commission presented a 25-point plan that includes changes in IPO rules to help deep tech startups and scaleups to have access to private funding, public markets and top talent. Get the Full Story Complete the form to unlock this...
Securities and Exchange Commission (SEC) Chairman Gary Gensler’s ongoing regulatory campaign against the cryptocurrency industry he calls “the Wild West of finance” may have just run into trouble at the Supreme Court. Get the Full Story Complete the form to unlock this article and enjoy...
Too many countries lack legal frameworks to fight the use of cryptocurrency in money laundering or terrorist funding, according to a Paris-based intergovernmental group that promotes such standards, the Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and...
The European Commission (EC) will close a consultation on Tuesday (July 5) about open finance in what can be seen as a first step to regulate this space, although the Commission won’t be legally bound by the results of the consultation. Get the Full Story...
This week the most notorious development in the TechREG space is the agreement reached by EU institutions on the scope of the regulation that will govern crypto assets and crypto providers in Europe, the Markets in Crypto Assets Regulation (MiCA). With strong anti-money laundering checks...
This week in TechREG, the debate about which regulator should oversee crypto assets continued with a former head of the Office of the Comptroller of the Currency (OCC) suggesting that cryptocurrencies should be assessed as internet stocks. Gary Gensler, head of the Securities and Exchange...