In an effort to make sure digital payment transactions are regulated in India, the country’s reserve bank has issued a request for digital payments banking platform Paytm Payments Bank to reapply for its license to operate in India. Get the Full Story Complete the form...
A proposal that would have allowed Britain’s finance ministry to overturn decisions made by financial regulators has been removed from a bill that is now moving through Parliament. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Even though nonbanks are just what the name implies, in the eyes of regulators, some say it might be easier to treat them as if they were. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
U.K communications regulator Ofcom is calling for better social media regulations amid concerns about the influence U.S.-based Big Tech firms have on news consumption in the U.K. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The downfall of crypto trading platform FTX has triggered a worldwide regulatory investigation, and now the U.S. House Financial Services Committee is undertaking a bipartisan hearing on the matter in December. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Aiming to determine Japan’s exposure to FTX, the country’s Financial Services Agency (FSA) has reportedly asked local cryptocurrency exchanges if the collapse of FTX and its affiliated companies has affected their businesses. Get the Full Story Complete the form to unlock this article and enjoy...
The Securities Commission of the Bahamas — the country in which now-bankrupt cryptocurrency exchange FTX is headquartered — has announced the appointment of liquidators for the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Noting the losses that retail investors have suffered in the cryptocurrency market, Federal Reserve Vice Chair Lael Brainard has reportedly reiterated her view that the market should be regulated like traditional finance, with “strong regulatory guardrails.” Get the Full Story Complete the form to unlock...
The U.S. Attorney’s Office for the Southern District of New York is reportedly investigating the collapse of cryptocurrency exchange FTX as well as the firm’s handling of its customers’ funds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
