Legal & Regulation

ANTITRUST
Indian Court Rejects Pleas By Amazon, Flipkart In Antitrust Probe
June 11, 2021

An Indian court dismissed appeals by Amazon and Walmart’s Flipkart to end an antitrust investigation, Reuters reported. 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...

Legal & Regulation
EU Could Hit Amazon With $425 Million Fine For Privacy Violation
June 10, 2021

Amazon could be facing more than $425 million in penalties for violating the European Union’s privacy law, The Wall Street Journal reported on Thursday (June 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Legal & Regulation
5 Antitrust Bill Drafts On Tap Aimed At Big Tech
June 10, 2021

U.S. House of Representatives lawmakers are in the midst of finalizing drafts of five laws targeting Big Tech, Reuters reported, citing sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Legal & Regulation
SEC Chair Gensler Looking Into How Stock Trading Incentives Are Structured
June 09, 2021

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler is looking for an audit into the laws regulating the U.S. stock market, including best execution requirements, The Wall Street Journal (WSJ) reported on Wednesday (June 9). Get the Full Story Complete the form to unlock this...

Legal & Regulation
Big Tech Compliance Tracker: Shenzhen Proceeds With Proposed Personal Data Regulation; US Reveals And Suspends...
June 08, 2021

Here’s the latest news from the technology industry, which is coming under increasing global scrutiny. 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,...

Legal & Regulation
Stablecoins Need Same Rules As Other Currency, BOE Says
June 07, 2021

The Bank of England wants stablecoins to be governed by the same regulations as other payments handled by banks if and when they become widely used. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Legal & Regulation
China Flexes Anti-Crypto Muscle, Blocks Weibo’s Crypto Influencers
June 07, 2021

China has blocked cryptocurrency and decentralized finance (DeFi) accounts and influencers from Sina Weibo, which is the Chinese equivalent of Twitter, The Guardian reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

AML
National Australia Bank Facing Money Laundering Probe
June 07, 2021

National Australia Bank (NAB) said Monday (June 7) it is under investigation for breaches of the country’s money laundering and counter-terrorism laws. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Legal & Regulation
China Targets Apps In Tech Crackdown
June 06, 2021

Chinese authorities increasingly are limiting the ways technology companies in the country are allowed to operate, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...