Legal & Regulation

Legal & Regulation
Google Opens Payments Gate to Third Parties in South Korea
November 04, 2021

Alphabet’s Google is opening up its payment gates to third-party payment systems in South Korea in order to comply with new mandates in the country, according to a Google Developers blog post. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Bank Regulation
Biden Officially Nominates Omarova to Head OCC Despite Objections
November 03, 2021

Over the objections of bankers and critics in the Senate, President Joe Biden officially nominated Cornell University law professor Saule Omarova to serve as the Comptroller of the Currency (OCC) and sent the bid to the Senate. Get the Full Story Complete the form to...

Legal & Regulation
SEC’s Gensler Urges Cryptos to Work With Regulators for ‘Market Integrity’
November 02, 2021

Gary Gensler, U.S. Securities and Exchange Commission (SEC) chair, said regulators’ harsh stances against cryptocurrency made sense because of the high hype levels, a Tuesday (Nov. 2) report from MarketWatch said. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

CFPB
CFPB’S Chopra: Stablecoins May ‘Create Stress’ on US Financial System Without ‘Oversight’
November 01, 2021

Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra said the agency will be taking action on stablecoins, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Legal & Regulation
How Regulation Could Shape the Connected Economy’s Future
November 01, 2021

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Legal & Regulation
FTC Gets More Control Over Corporate M&A Process 
October 29, 2021

The Federal Trade Commission recently adopted several policy changes focused on how companies handle the merger and acquisition process, according to a report Friday (Oct. 29) in The Wall Street Journal.  Get the Full Story Complete the form to unlock this article and enjoy unlimited...

CFPB
Warren: CFPB Has Power To Stop Crypto Fraud
October 28, 2021

The Consumer Financial Protection Bureau (CFPB) doesn’t have to wait for other agencies’ action to curb cryptocurrency payment abuse, Sen. Elizabeth Warren said Thursday (Oct. 28), Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

CFPB
In First Official Testimony, CFPB’s Chopra Targets ‘Big Tech’ as Needing More Oversight
October 27, 2021

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Legal & Regulation
FTC Warns Uber, Amazon, Other Tech Firms on Money-Making Claims
October 26, 2021

The Federal Trade Commission (FTC) has issued notices on over 1,100 companies, saying it will be aggressively targeting them if they pitch any misleading money-making claims, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...