Legal & Regulation

Legal & Regulation
Today in TechREG: US Supreme Court Grants Victory to Big Tech in Texas Social Media...
June 01, 2022

Today in TechREG, the U.S. Supreme court has temporarily blocked a Texas law that prohibits online platforms from suppressing user posts based on their political views. Until pending litigation on the merits of the case is resolved, social media companies can continue exercising content moderation...

Legal & Regulation
US Supreme Court Sides With Social Media Firms, Blocks Texas Law
June 01, 2022

Social media firms like Facebook or Twitter have obtained an important court victory after the U.S. Supreme Court issued a ruling suspending a Texas law that aims to prohibit online platforms from suppressing user posts based on their political views. Get the Full Story Complete...

Legal & Regulation
Today in TechREG: SEC, CFTC’s Crypto Aspirations to Be Tested; Big Tech in the US...
May 31, 2022

Today in TechREG, a group of European Union lawmakers informed Parliament about their visit to Silicon Valley highlighting the positive feedback from Big Tech to the new EU regulation but raising questions about future compliance. In the U.S., Big Tech companies may need to deal...

Legal & Regulation
UK to Close Online Advertising Consultation Eyeing Stricter Rules, Regulator
May 31, 2022

Google, Meta, TikTok and other companies in the online advertising industry may face a new regulatory landscape in the United Kingdom as a result of new legislation, the creation of a new regulator and even enforcement actions. Get the Full Story Complete the form to...

Legal & Regulation
Authorized Push Payment Fraud Challenges CFPB’s Open Banking Stance
May 30, 2022

Despite the absence of specific legislation mandating the use of open banking in the U.S., this practice is growing across the country. Open banking — when banks and financial institutions provide third parties with access to customers’ financial data — allows third parties to initiate...

Legal & Regulation
SEC, CFTC’s Crypto Aspirations To Be Tested by Courts, Lawmakers
May 30, 2022

Oversight of crypto assets is a hot regulatory topic in the U.S. 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 daily newsletter, PYMNTS Today. By...

ANTITRUST
Australia’s Antitrust Watchdog Sues Mastercard Over ‘Anti-Competitive Conduct’
May 30, 2022

The Australian Competition & Consumer Commission (ACCC) has brought proceedings against Mastercard for allegedly engaging in anticompetitive practices, according to a Monday (May 30) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Legal & Regulation
Robinhood Close to Resolving 2020 Outage Lawsuit
May 27, 2022

Attorneys for the online trading platform Robinhood Markets say they’ve come to an agreement in principle that resolves a lawsuit by investors who say they were blocked from trading during an outage in March 2020. Get the Full Story Complete the form to unlock this...

Legal & Regulation
TechREG Weekly US: Approach to Crypto by Lawmakers and Regulators Differ; CFPB Increases Pressure on...
May 27, 2022

This week, U.S. policymakers and regulators made their cases on crypto assets and central bank digital currencies (CBDCs). While regulators tend to be very skeptical about cryptocurrencies, even saying that the digital assets depend on “hype,” the position on CBDCs is more positive. Lawmakers, on...