Regulation

Regulation
Data Privacy Bill Passes US House Panel
June 23, 2022

A new bipartisan privacy bill has been passed by a U.S. House of Representatives panel looking to limit collection of personal data, Reuters reported Thursday (June 23), though it may not become a law. Get the Full Story Complete the form to unlock this article...

Regulation
SEC Rulemaking Priorities for 2022 Leave Crypto Out
June 23, 2022

The Securities and Exchange Commission (SEC) released yesterday, June 22, its regulatory priorities on its Spring 2022 Unified Agenda of Regulatory and Deregulatory Actions. This report lists short- and long-term regulatory actions that the agency plans to take in 2022.  Get the Full Story Complete...

Regulation
Swiss Regulators Want More Protections for Crypto Investors
June 22, 2022

Switzerland’s top market regulator on Wednesday (June 22) pushed for regulators to do more to protect cryptocurrency investors from abuse in the $890 billion market that’s been plummeting for a week or so, according to a Reuters report. Get the Full Story Complete the form...

Regulation
Today in TechREG: UK Government Could Use National Security Law to Keep Arm Listing in...
June 22, 2022

Today in TechREG, the Bank of England deputy governor compared the crypto crash with the dot-com bubble, saying that some of the crypto companies that survive now may become the future Amazon or eBay. Get the Full Story Complete the form to unlock this article...

Regulation
TikTok Agrees to Improve EU Consumer Rights, Avoiding Potential Sanctions
June 21, 2022

TikTok will be boosting protections aimed to help children avoid persuasive ads on the platform, Reuters reported Tuesday (June 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Regulation
Today in TechREG: UK Regulator to Review Credit Card Fees; TikTok Steps up Consumer Protections...
June 21, 2022

Today in TechREG, the U.K. Payment Regulator on Tuesday (June 21) published more details of the upcoming market reviews on Visa and Mastercard’s processing fees and cross-border interchange fees. The U.K. also announced plans to adopt new regulation for unsecured short-term loans, including buy now,...

Regulation
RBI to FinTechs: Non-Banks Can’t Reload Funds to Prepaid Wallets, Cards
June 21, 2022

FinTechs were alerted that non-bank issuers of prepaid payment instruments (PPIs) can’t load cards and digital wallets with funds through credit lines, the Reserve Bank of India (RBI) announced on Tuesday (June 21), according to multiple media sources.  Get the Full Story Complete the form...

Regulation
Bill Giving CFTC Regulatory Control Would Reshape Crypto
June 17, 2022

When Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) revealed that their bipartisan bill creating a regulatory framework for cryptocurrencies would define most digital assets as commodities instead of securities, the response was predictable. Get the Full Story Complete the form to unlock this article...

Regulation
Today in TechREG: CFPB Wants Credit Reporting Standards in BNPL Sector; ECB’s Board Member Urges...
June 16, 2022

Today in TechREG, the Consumer Financial Protection Bureau (CFPB) has encouraged buy now, pay later (BNPL) providers and credit report agencies to standardize BNPL payment data for the benefit of consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited...