Legal & Regulation

Legal & Regulation
Attorneys Say NFT Insider Trading Case Doesn’t Amount to Crime
August 31, 2022

The New York Council of Defense Lawyers (NYCDL) is arguing that federal prosecutors are overreaching in the case of a former Open Sea employee accused of carrying out an insider trading scheme involving non-fungible tokens (NFTs). Get the Full Story Complete the form to unlock...

Legal & Regulation
California QSRs Push Back Against Wage Bill
August 31, 2022

California’s fast food restaurants are pushing back against a bill that passed in the state Senate Monday (Aug. 29), mandating new standards for fast food workers’ wages, schedules and working conditions. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Legal & Regulation
Wise Fined $360K for AML Violations by Abu Dhabi Regulator
August 30, 2022

Money transfer service Wise has been fined $360,000 in Abu Dhabi for violating anti-money laundering (AML) regulations. 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...

Legal & Regulation
Walmart Says FTC Lawsuit Over Money Transfers Is ‘Overreach’
August 29, 2022

Walmart on Monday (Aug. 29) asked a federal court to dismiss a Federal Trade Commission lawsuit against the retailer, calling the case “an egregious instance of agency overreach.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

ANTITRUST
Report: DOJ Preps Apple Antitrust Suit
August 26, 2022

The U.S. Department of Justice (DOJ) is reportedly readying an antitrust complaint against Apple, a potential sign that the government’s ongoing investigation of the tech giant is coming to a head. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Legal & Regulation
Amazon, Flipkart Lobby Against India’s Digital Lending Rules
August 26, 2022

Companies have begun to lobby against India’s new digital lending rules after the regulations interrupted card services and put Amazon loan offerings in peril. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Legal & Regulation
FCC to Investigate Mobile Carrier Data Sharing
August 25, 2022

The head of the Federal Communications Commission has called for an investigation into whether U.S. mobile carriers are complying with FCC geolocation data regulations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Legal & Regulation
Cash App, Block Accused of Negligence in Class Action Over Breach
August 25, 2022

A class action was filed against mobile payments company Cash App Investing and its parent Block over “negligent” behavior related to the December 2021 data breach that allegedly compromised the personal information of 8.2 million former and current users.  Get the Full Story Complete the form...

Legal & Regulation
Kenya’s GDPR-Style Legislation Threatens US Firms’ X-Border Data Transfer Model
August 23, 2022

Around the world, data protection legislation sets the rules for how companies collect and process personal information. 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...