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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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...
