Ex-Commodity Futures Trading Commission (CFTC) chief Chris Giancarlo has said the European Union’s Markets in Crypto Assets (MiCA) bill might end up exporting European crypto regulation and damage U.S. chances at making more concrete rules. Speaking at a summit Thursday (July 28), Giancarlo said he...
The European Commission is mulling the idea of a new directorate seeking to rein in Big Tech, which could be headed up by two top antitrust officials. According to a Reuters report Thursday (July 28), the move could help alleviate concerns associated with the European...
U.S. Securities and Exchange Commission Chair Gary Gensler has been working harder to try and get crypto trading platforms to register with the SEC as talk about how to regulate the assets increases in volume. In a video released Thursday (July 28), Gensler said he...
Polish banks could face fines of up to 10% of their annual turnover if they make it difficult for mortgage holders to take advantage of payment holidays, the country’s consumer watchdog said Tuesday (July 26). The payment holiday scheme, effective from Friday (July 29), is...
The Commodity Futures Trading Commission (CFTC), which is one of the top U.S. crypto regulators, is bolstering its regulatory power with the new Office of Technology Innovation, according to remarks from CFTC Chairman Rostin Behnam Monday (July 25). Behnam said this new office would grow...
Open banking continues to grow and so do regulatory frameworks that aim at fostering its use. In countries like the U.K. or Europe, this process is regulatory driven and regulators are likely to bring new developments in the second half of 2022. In the U.S.,...
This week, the U.K. government introduced the Financial Services and Markets Bill, which would amend banking regulations to include stablecoins as a new payment method. The bill will also pave the way for the Treasury to issue new crypto rules. In the U.S., lawmakers are...
American and Canadian cannabis companies saw their stocks rise Wednesday (July 20) ahead of a U.S. Senate hearing on possible federal marijuana decriminalization. According to published reports, the Senate Judiciary Subcommittee on Crime and Terrorism, led by Sen. Cory Booker (D-NJ), is expected to meet...
The U.K. is credited with launching the first regulatory sandbox in 2016, and since then the concept has spread across the world, with an additional 72 FinTech sandboxes implemented in close to 60 jurisdictions, according to World Bank data. But what exactly is a regulatory...
