Legal & Regulation

Legal & Regulation
UAE Central Bank Begins Issuing Retail Payment Licenses
October 13, 2021

The Central Bank of the United Arab Emirates (CBUAE) has issued a new regulation to license retail payment services, part of its ongoing push to get the country ready for digital payments. Get the Full Story Complete the form to unlock this article and enjoy...

Legal & Regulation
China Steps Up Investigations Into Antitrust, Mergers
October 12, 2021

China’s antitrust watchdog is adding new staff and departments amid the latest development in the country’s ongoing battle against monopolies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Bank Regulation
China Probes State Banks for ‘Political Deviations’
October 11, 2021

China’s president is taking a closer look at the connections between his country’s state banks and larger private-sector operators in an effort to clamp down on capitalist forces. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Legal & Regulation
Australian Government Considers Holding Social Media Firms Responsible for User-Posted Content
October 10, 2021

Social media companies such as Facebook and Twitter may be made more responsible for defamatory material published on their platforms if measures being considered by the Australian government are implemented, Reuters reported Sunday (Oct. 10).  Get the Full Story Complete the form to unlock this...

ANTITRUST
Apple Appeals Ruling in Antitrust Case Brought by Fortnite Creator
October 10, 2021

A court battle between Apple and Epic Games will continue, with Apple saying Friday (Oct. 8) that it is appealing a ruling in an antitrust case brought by the Fortnite creator, Reuters reported Get the Full Story Complete the form to unlock this article and...

Legal & Regulation
XRP Prices Up Despite Ongoing Ripple SEC Woes
October 10, 2021

The cryptocurrency XRP hit $1.23 Saturday (Oct. 9), up by over 9% in 24 hours, while its blockchain payments network Ripple is in the middle of an ongoing courtroom drama with the U.S. Securities and Exchange Commission (SEC), Decrypt reported. Get the Full Story Complete...

Legal & Regulation
White House Considering Tech-Focused Bill of Rights
October 09, 2021

The White House Office of Science and Technology Policy is urging President Joe Biden to adopt a tech-related bill of rights, focused primarily on artificial intelligence (AI)-related issues, according to a Friday (Oct. 8) Associated Press report. Get the Full Story Complete the form to...

Legal & Regulation
Citigroup Claims $11B Lex Foundation Lawsuit Is Fraudulent
October 08, 2021

Citigroup says the $11 billion lawsuit from a mysterious money manager is the work of a “fantasist” trying to extort the bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

ANTITRUST
NFC Fine Looms for Apple, But Competitive Shifts Costly Over Long Run
October 07, 2021

For Apple … First off: the size of the fine may not matter much. But the impact to the business model, to the tech giant’s competitive standing … well, that will matter. Get the Full Story Complete the form to unlock this article and enjoy...