Regulation

Regulation
Marijuana Banking, Cryptocurrency Regulation May Be Combined Into Single Bill
April 15, 2024

Proposed rules for marijuana banking and cryptocurrency regulation may be combined into a single bill. 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,...

Regulation
FinCEN Seeks Comments on Modernizing Customer Identification Program Requirements
March 28, 2024

The Financial Crimes Enforcement Network (FinCEN) requested comments on its Customer Identification Program (CIP) requirements for banks. 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,...

Regulation
UK Warns Influencers Against Misleading Financial Promotions
March 26, 2024

The U.K.’s financial watchdog is warning social media influencers against making misleading financial services promotions. 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,...

Regulation
Sigue Halts Money Transmission Activity Following Financial Regulators’ Consent Order
March 22, 2024

Sigue Corp. has stopped its money transmission activities after being ordered to do so by financial regulatory agencies from 39 states, Puerto Rico and the District of Columbia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Regulation
EU Set to Investigate Apple, Google Compliance With DMA
March 21, 2024

The European Commission (EC) is reportedly set to launch full-scale investigations of tech giants Apple and Google, looking into their compliance with the EU’s new Digital Markets Act (DMA). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Regulation
HFSC Chairman Patrick McHenry Calls for Transparency in Financial Regulation
March 21, 2024

House Financial Services Committee (HFSC) Chairman Patrick McHenry (R-N.C.) said Thursday (March 21) that the Basel III Endgame proposal and other projects threaten to give global governance bodies authority over American financial regulation. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Regulation
FTC Announces April 24 Hearing on Proposed Junk Fees Rule
March 21, 2024

The Federal Trade Commission (FTC) will hold a virtual hearing on April 24, allowing interested organizations to provide oral statements on the agency’s proposed rule to prohibit junk fees. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Regulation
Ethereum Foundation Faces Investigation by Undisclosed ‘State Authority’
March 20, 2024

The Ethereum Foundation, a Swiss nonprofit at the heart of the Ethereum ecosystem, is reportedly under investigation by an undisclosed “state authority.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Regulation
Tracking Big Tech’s Responses to the EU’s DMA Gatekeeper Requirements
March 20, 2024

Under the EU’s Digital Market Act (DMA), which is intended to increase competition in the digital economy, Big Tech innovations — coming from both the U.S. and abroad — are finding themselves reshaped as companies scramble to comply with the new set of regulations which...