Regulation

Regulation
Rep. Waters: FTX.com Collapse Highlights ‘Urgent Need for Legislation’
November 10, 2022

The recent news around cryptocurrency exchange FTX.com has highlighted the need for legislation to protect consumers, Congresswoman Maxine Waters, chairwoman of the House Financial Services Committee, said Thursday (Nov. 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Regulation
Crypto Compliance Can Be Easier Than Regulatory Clarity
November 10, 2022

When it comes to selling compliance services in the blockchain business, the two most difficult tasks are educating clients from financial institutions about what it is and then convincing them that for all the claims of crypto’s anonymity, it is easier than it sounds. Get...

Regulation
Russian Central Bank Eyes Digital Asset Rules
November 08, 2022

Russia’s central bank is reportedly considering new regulations and rules for taxing non-fungible tokens (NFTs), smart contracts and trading digital assets.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Regulation
EC Proposes Changing Market Definition to Consider Digital Ecosystems
November 08, 2022

The European Commission has published proposed changes to the European Union’s Market Definition Notice and asked for anyone interested to comment on the draft. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Regulation
EU Publishes Proposed New Rulebook for Short-Term Rental Sector
November 07, 2022

The European Commission adopted a proposal Monday (Nov. 7) to enhance information sharing between online accommodation rental platforms and public authorities Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Regulation
Platforms, Brands Targeted in UK Clampdown on Hidden Advertising
November 03, 2022

In the latest move to crack down on unlabeled advertisements on social media, the U.K.’s Competition and Markets Authority (CMA) on Thursday (Nov. 3) published new guidelines for platforms, brands and influencers to follow as part of efforts to help users spot a paid-for endorsement...

Regulation
FTC Takes Action Against EdTech Provider Chegg After Data Breaches
October 31, 2022

The Federal Trade Commission (FTC) is taking action against educational technology provider Chegg, saying the firm experienced four data security breaches since 2017 but allegedly failed to improve its security practices. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Regulation
OCC to Open Office of Financial Technology
October 27, 2022

Noting the rapidly changing banking landscape, the Office of the Comptroller of the Currency (OCC) has announced it will establish an Office of Financial Technology next year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Regulation
EU Beefs Up Antitrust Enforcement Team Aimed at Big Tech
October 27, 2022

The European Union (EU) reportedly aims to build a team comprised of 40 people to enforce the Digital Markets Act (DMA) rules aimed at Google, Meta, Amazon, Apple, Microsoft at other Big Tech firms. Get the Full Story Complete the form to unlock this article...