Regulation

Regulation
Global Regulators Call for Interoperable Stablecoins, CBDCs
July 13, 2022

The Bank for International Settlements (BIS) and the International Organization of Securities Commissions (IOSCO) published on Wednesday (July 13) their guidance on the application of financial market infrastructure rules to stablecoins, including the entities that provide stablecoins.  Get the Full Story Complete the form to...

Regulation
California Privacy Protection Agency Sets Aug. 23 as Deadline on Data Rules
July 12, 2022

On Friday (July 8) the California Privacy Protection Agency (CPPA) began the process to implement the Consumer Privacy Rights Act of 2020 (CPRA), which updates and enhances the California Consumer Privacy Act (CCPA). Get the Full Story Complete the form to unlock this article and...

Regulation
California Law Threatens Legal Status of 70,000 Truck Drivers
July 12, 2022

California labor standards are beginning to apply to some 70,000 truck owner-operators, who make up the backbone of state’s transportation business, creating another bottleneck in already strained supply lines. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Regulation
Today in TechREG: ECB Calls for Quick Implementation of EU Crypto Rules; Binance Says It...
July 11, 2022

Today in TechREG news, the European Central Bank published several reports warning about the potential financial systemic risks associated with stablecoins and the need to quickly implement the European Union rules on crypto assets. Meanwhile, the Financial Stability Board also warned about the rise in...

Regulation
Financial Stability Board to Propose Crypto Regulations in October
July 11, 2022

In the latest example of growing cryptocurrency oversight in the Europe, Middle East and Africa (EMEA) region, the Financial Stability Board will propose crypto regulations in October to add regulatory teeth to the sector, according to a board press release Monday (July 11). Get the...

Regulation
Fed Vice Chair Brainard: Crypto Sector Needs Strong, Swift Regulation
July 08, 2022

Federal Reserve Vice Chair Lael Brainard said it’s time to add some regulatory teeth to the cryptocurrency industry before it becomes so pervasive that it poses financial stability risks, Reuters reported Friday (June 8). Get the Full Story Complete the form to unlock this article...

Regulation
Weekly TechREG US: Federal Agencies Respond to Biden’s Crypto Executive Order; Bank Regulators Urged Banks...
July 08, 2022

This week, the U.S. Treasury proposed to the White House a plan to strengthen international cooperation on crypto regulation to make sure that the country leads the way in setting international standards aligned with U.S. values. The Department of Commerce also closed a consultation on...

Regulation
US Treasury Sets out International Cooperation Plan to Rein in Digital Assets
July 08, 2022

The Secretary of the Treasury on Thursday (July 7) delivered to President Biden a report suggesting that more engagement with foreign counterparts and in international organizations is needed if the U.S. wants to make sure that digital assets around the world respect America’s core values...

Regulation
CFPB Bolsters Data Privacy, Cybersecurity Regulations
July 07, 2022

The Consumer Financial Protection Bureau (CFPB) on Thursday (July 7) handed down new data privacy and cybersecurity regulations to dictate how companies can use and share credit reports and background reports under the Fair Credit Reporting Act. Get the Full Story Complete the form to...