Legal & Regulation

Legal & Regulation
Biden Administration Looks for Private Equity, Hedge Fund Transparency
February 16, 2022

The Biden administration is looking more into private equity and alternative investments like hedge funds, CNBC reported Wednesday (Feb. 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

CFPB
CFPB Makes It Easier for Public to Petition for Rule Changes
February 16, 2022

The Consumer Financial Protection Bureau (CFPB) is making it easier to talk with the agency about rule changes, as the public can now submit petitions to be posted on public dockets for review and comment, according to a Wednesday (Feb. 16) news release. Get the Full...

AML
Coinbase, Fidelity, Robinhood Join TRUST AML Platform
February 16, 2022

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...

Legal & Regulation
Bipartisan Legislation Would Update Health Data Privacy Laws
February 16, 2022

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since the nation’s healthcare data privacy law was enacted, and two United States senators say it’s time to revise the outdated regulations.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...

ANTITRUST
US Chamber Aligns With Big Tech to Fight Antitrust Battles
February 16, 2022

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...

Legal & Regulation
FCA ‘Concerned’ About Binance Accessing UK Payments Network
February 16, 2022

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...

Legal & Regulation
UK’s Platform Regulations Need More Scrutiny
February 16, 2022

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....

Legal & Regulation
UK Seeks to Block ‘Legal but Harmful’ Content
February 16, 2022

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...

Legal & Regulation
Treasury Official Tells Senate Hearing Stablecoin Regulation Should be ‘Clear and Consistent’
February 15, 2022

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...