Regulation

Regulation
Today in TechREG: Boris Johnson Resignation May Delay Crypto, BNPL Legislation; US Banks Urged to...
July 07, 2022

Today the U.K. Prime Minister announced his resignation, and this decision may delay the adoption of new regulation on crypto assets and Buy Now Pay Later sector. In addition to Boris Johnson, more than 40 high-ranked officials have resigned, leaving important key positions at government...

Regulation
UK’s Boris Johnson Resignation May Delay Crypto, BNPL Legislation 
July 07, 2022

A possible resignation of Boris Johnson as leader of the Tory party and Prime Minister in the U.K. may lead to a reshuffle of the cabinet and the need to fill key important positions in the government and other departments like the Treasury, which would...

Regulation
Today in TechREG: Amazon Faces a New UK Antitrust Investigation; Department of Commerce Urged to...
July 06, 2022

Today, the U.K. Competition Markets Authority launched an investigation against Amazon for allegedly giving its own sellers an unfair advantage in its marketplace over third parties. The Department of Commerce closed a consultation requesting stakeholders’ feedback on how to build a new crypto regulatory framework,...

Regulation
Department of Commerce Urged to Slow Roll CBDCs and Clarify Crypto Rules
July 06, 2022

Following President’s Biden Executive Order on crypto assets issued in March, the Department of Commerce (DOC) launched a consultation in May seeking feedback that would help it to develop a regulatory framework to support digital assets technology. However, the results from this consultation suggest that...

Regulation
Today in TechREG: EU Unveils Plans to Boost Deep Tech Funding; ECB Warns of Risks...
July 05, 2022

Today in TechReg news, the European Commission presented a 25-point plan that includes changes in IPO rules to help deep tech startups and scaleups to have access to private funding, public markets and top talent. Get the Full Story Complete the form to unlock this...

Regulation
Supreme Court Ruling May Tie SEC’s Hands on Crypto Crackdown
July 03, 2022

Securities and Exchange Commission (SEC) Chairman Gary Gensler’s ongoing regulatory campaign against the cryptocurrency industry he calls “the Wild West of finance” may have just run into trouble at the Supreme Court. Get the Full Story Complete the form to unlock this article and enjoy...

Regulation
EU Commission Finds Ally in EU Banking Regulator on Open Finance
July 01, 2022

The European Commission (EC) will close a consultation on Tuesday (July 5) about open finance in what can be seen as a first step to regulate this space, although the Commission won’t be legally bound by the results of the consultation. Get the Full Story...

Regulation
Weekly TechREG EMEA: EU Agrees on Crypto Regulation With Strict Controls on Stablecoins; EU Banking...
July 01, 2022

This week the most notorious development in the TechREG space is the agreement reached by EU institutions on the scope of the regulation that will govern crypto assets and crypto providers in Europe, the Markets in Crypto Assets Regulation (MiCA). With strong anti-money laundering checks...

Regulation
TechREG Weekly US: Former OCC Head Weighs in on SEC vs CFTC Crypto Oversight, Fed...
July 01, 2022

This week in TechREG, the debate about which regulator should oversee crypto assets continued with a former head of the Office of the Comptroller of the Currency (OCC) suggesting that cryptocurrencies should be assessed as internet stocks. Gary Gensler, head of the Securities and Exchange...