Legal & Regulation

Legal & 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...

Legal & 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...

Legal & 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 —...

Legal & 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...

Legal & Regulation
DOJ Says Ex-MoviePass Execs Misled Investors
November 06, 2022

The U.S. Department of Justice has charged a pair of former MoviePass executives with fraud, saying they misled investors about the health of the subscription movie ticket service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

CFPB
CFPB Seeks $1B+ in Fines From Wells Fargo
November 06, 2022

The Consumer Financial Protection Bureau (CFPB) wants Wells Fargo to pay more than $1 billion for alleged mistreatment of customers, a settlement that would surpass the agency’s record … last set by Wells Fargo. Get the Full Story Complete the form to unlock this article...

Legal & 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...

Legal & Regulation
Vonage to Pay $100M Settlement in FTC Subscription Fee Lawsuit
November 03, 2022

The Federal Trade Commission (FTC) is holding internet phone service provider Vonage accountable for its junk fees levied on subscribers in a $100 million lawsuit settlement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Bank Regulation
British Financial Watchdog Cracks Down on Unfair Lenders
November 03, 2022

The U.K.’s top financial watchdog is giving banks in that country an ultimatum: treat customers struggling with Britain’s cost-of-living crisis fairly, or be barred from lending. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...