The status of decentralized finance (DeFi) could finally be weighed in on by the U.S. Securities and Exchange Commission (SEC), according to a report from CoinDesk Monday (Feb. 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
A federal judge, Chief U.S. District Judge Beryl Howell, has ordered the pretrial detention for a defendant, Ilya Lichtenstein, arrested on conspiring to launder billions in stolen bitcoin, The Wall Street Journal reported Monday (Feb. 14). Get the Full Story Complete the form to unlock...
The U.K.’s competition watchdog has fined sportswear retailer JD Sports and sneaker seller Footasylum $6 million (4.6 million pounds) for sharing commercially sensitive information. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Dutch antitrust regulators have levied a new 5 million euro ($5.6 million) fine against Apple over an order to open up app payments for dating services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Consumer Finance Protection Bureau (CFPB) Director Rohit Chopra made clear his intentions to crack down on “junk fees” charged by financial institutions (FIs) again last week, saying that “people are sick and tired of this fee creep that is all over the economy.” Get the...
The long running feud between the United Kingdom’s competition police and Google may have cooled. 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 daily newsletter,...
Banks using artificial intelligence (AI) to approve loan applications have been warned by U.K. financial regulators that they can only deploy that technology if they can show it won’t be discriminatory towards minorities, the Financial Times reported Sunday (Feb. 13). Get the Full Story Complete...
Sarah Bloom Raskin, a Biden nominee for the Fed’s top banking position, has the co-founder of Reserve Trust defending her over charges that she’s had conflicts of interest between government and private jobs in the past, Bloomberg reported Friday (Feb. 11). Get the Full Story...
France’s privacy overseer has told Alphabet Inc., Google’s parent company, that an unnamed website cannot use Google Analytics because it transfers personal information to the United States in breach of the European Union’s privacy law, the agency announced Thursday (Feb 10). Get the Full Story...
