Cryptocurrency firms Coinbase, Fidelity Digital Assets and Robinhood are among 18 virtual asset service providers (VASPs) joining the Travel Rule Universal Solution Technology (TRUST) platform that’s working to ensure digital assets comply with global anti-money laundering (AML) rules, CoinDesk reported Wednesday (Feb. 16). Get the...
It’s been more than two decades since the nation’s healthcare data privacy law was enacted, and two United States senators say it’s time to revise the outdated regulations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Big Tech now has a big friend in Washington, D.C. with the U.S. Chamber of Commerce — the biggest lobbying group in the country — taking up the latest antitrust threats coming out of the White House and Congress. Get the Full Story Complete the...
The United Kingdom’s Financial Conduct Authority (FCA) on Wednesday (Feb. 16) expressed concern about a deal that gives cryptocurrency exchange Binance access to U.K. payments network Paysafe a few months after it said the deal would trigger “significant risk” for consumers, Financial Times reported. Get...
The Online Safety Bill and the Digital Competition Bill need more scrutiny right now to anticipate some problems and deal with them in due time, Martin Kretschmer and Philip Schlesinger from the University of Glasgow told PYMNTS about the new approach adopted by the U.K....
In what could be the world’s toughest rules for social media platforms, two United Kingdom government officials have proposed comprehensive rules that would require tech firms to monitor “legal but harmful” content, The Financial Times reported. Get the Full Story Complete the form to unlock...
Sen. Sherrod Brown (D-Ohio), chairman of the Senate Committee on Banking, Housing and Urban Affairs, said in a meeting recently that there should be more regulation behind things like stablecoins. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Republicans in the Senate have blocked a vote on some of President Biden’s Federal Reserve nominees, The Wall Street Journal reported Tuesday (Feb. 15), as they refused to attend the vote. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The Consumer Financial Protection Bureau (CFPB) says it is taking action to keep prepaid card providers from illegally taking money from people receiving benefits from the government. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...