Cryptocurrency executives are banking on U.S. politics more than many industrial stalwarts, a report said, with political donations from crypto going beyond $26 million during 2021 and the first three months of 2022. Get the Full Story Complete the form to unlock this article and...
The Commodity Futures Trading Commission (CFTC) has announced a complaint against Gemini Trust Company over allegedly false or misleading statements regarding a bitcoin futures product, per a CFTC press release Thursday (June 2). Get the Full Story Complete the form to unlock this article and...
The European Commission has launched a public consultation to gather information for its review of the second EU Payment Services Directive (PSD2). The Commission has published two papers on this issue, a questionnaire for the general public and one for industry experts. Get the Full...
The European Supervisory Authorities (ESAs) published a joint report on Thursday (June 1) advocating for the introduction in all relevant EU sectoral laws of a specific legal ground to revoke licenses for breaches of anti-money laundering/combating the financing of terrorism (AML/CFT) rules. Get the Full...
Today in TechREG, three European Union supervisory authorities, including the banking and financial markets authorities, advocated for amending sectoral laws to include more powers to strip companies’ authorizations for serious breaches of anti-money laundering (AML) violations. In the U.S., the California Department of Financial Protection...
New York Federal Reserve President John Williams said developing digital currency and payment technology could impact how the Fed works with monetary policy and does its balance sheet, Reuters wrote Wednesday (June 1). Get the Full Story Complete the form to unlock this article and...
The California Privacy Protection Agency unveiled a preliminary draft of its proposed privacy regulation on May 27, hidden in the announcement of its next public meeting on June 8. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Amazon said in a Wednesday (June 1) blog post that an antitrust bill making its way through Congress that bans tech giants from giving their own businesses preferential treatment on their own websites unfairly targets the online retailer, explaining it goes easier on some of...
Sen. Sherrod Brown, the chairman of the Senate Banking Committee, said in a letter to Wells Fargo CEO Charles Scharf that the bank has failed to repair its government and risk management problems. Get the Full Story Complete the form to unlock this article and...
