Regulation

Regulation
Biden Increases Screening of Foreign Investment for Security Risks
September 15, 2022

The Biden administration is ordering the Committee on Foreign Investment (CFIUS) to add more scrutiny on deals that might give China access to critical tech or that could put personal data at risk, The Wall Street Journal (WSJ) wrote. Get the Full Story Complete the...

Regulation
Toomey Revives Call for 2022 Stablecoin Regulation
September 15, 2022

One of the Senate’s top Republicans believes that stablecoin regulation can still happen this year. 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
CFPB Says Consumers at Risk From BNPL Over-Extension
September 15, 2022

For buy now, pay later (BNPL), heady growth demands some new guardrails. 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...

Regulation
US Regulators Want Citigroup to Fix Risk Management Faster, Report Says
September 14, 2022

Regulators at the Federal Reserve reportedly grown impatient with Citigroup’s response to its complaints about the bank’s systems for preventing mistakes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Regulation
Binance CEO: EU’s Proposed Crypto Reg ‘Strict’
September 14, 2022

Binance Founder and CEO Changpeng “CZ” Zhao reportedly said the European Union’s proposed regulation of cryptocurrency is “fantastic,” though he does have some reservations about it.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Regulation
Report: Indian Federal Agency Searched Some Paytm, PayU Locations
September 14, 2022

An Indian federal agency has reportedly conducted searches at some PayU and Paytm locations, with the latter being owned by One 97 Communications. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Regulation
U.S. Sen. Graham Mulls Licensing Social Media Platforms
September 13, 2022

U.S. Sen. Lindsey Graham, R-S.C., who has been oft-critical of social media companies, said he wants to regulate and maybe license the companies, including big names like Meta’s Facebook or Twitter, Reuters wrote. Get the Full Story Complete the form to unlock this article and...

Regulation
SEC to Form Office for Filings Involving Crypto Assets
September 11, 2022

The U.S. Securities and Exchange Commission (SEC) will add offices to its Division of Corporate Finance’s Disclosure Review Program (DRP), including an Office of Crypto Assets, a press release said Friday (Sept. 9). Get the Full Story Complete the form to unlock this article and...

Regulation
Big Techs Continue to Navigate Legal Quagmire of EU Data Sovereignty
September 08, 2022

In the saga of Big Tech companies and their seemingly never-ending confrontations with EU legislators, issues surrounding what the EU calls “digital sovereignty” are among the most intractable. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...