Legal & Regulation

Legal & Regulation
SEC Aims to Ease Regulations on DeFi After Years of Scrutiny
June 10, 2025

The Securities and Exchange Commission wants to ease restrictions governing decentralized finance (DeFi) platforms. 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...

Legal & Regulation
Stablecoin Bill Set for Congressional Showdown Over 122 Amendments
June 10, 2025

Last month, U.S. lawmakers promised stablecoin regulations would be approved by Memorial Day. 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....

Bank Regulation
Fed Vice Chair Bowman May Seek Regulatory Rollbacks for Smaller Banks
June 10, 2025

On Monday (June 9), Michelle Bowman was sworn in as vice chair for supervision at the Federal Reserve. 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...

ANTITRUST
Sezzle Lawsuit Accuses Shopify of Stifling BNPL Options
June 10, 2025

Pay-later platform Sezzle has filed an antitrust lawsuit against eCommerce platform Shopify. 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 completing this form,...

CFPB
CFPB Funding Sits in Crosshairs of Senate Committee’s Additions to ‘Big Beautiful Bill’
June 09, 2025

A so-called megabill grabbing headlines and making its way through Congress is on track to further alter the Consumer Financial Protection Bureau, an agency already in flux during the first few months of the President Donald Trump administration. Get the Full Story Complete the form...

Legal & Regulation
Update: Synapse Bankruptcy Trustee Seeks Chapter 7 or Dismissal
June 09, 2025

The end might be near for the Synapse bankruptcy case. Jelena McWilliams, the court-appointed Chapter 11 trustee has formally requested the U.S. Bankruptcy Court for the Central District of California to convert the Chapter 11 case to Chapter 7 or, alternatively, dismiss it. The motion...

Bank Regulation
New Fed Vice-Chair Bowman Sharpens Focus on ‘Core Financial Risks’
June 06, 2025

Two days after being confirmed to be the Federal Reserve’s vice chair for supervision, Michelle Bowman said she aims to “refocus supervisory and regulatory efforts on the core financial risks most critical to maintaining a healthy and resilient banking system.” Get the Full Story Complete...

Legal & Regulation
US House Passes Bill Requiring Report on SBA Loan Program
June 05, 2025

The House of Representatives passed legislation Tuesday (June 3) that its sponsor said will combat fraud and improve transparency in a Small Business Administration (SBA) loan program. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Legal & Regulation
Illinois Lawmakers Vote to Delay Implementation of Interchange Fees Law
June 02, 2025

The Illinois state legislature voted Sunday (June 1) to delay the implementation of a law that would bar companies from charging interchange fees on the tax and tip portions of credit and debit card transactions. Get the Full Story Complete the form to unlock this...