Legal & Regulation

Legal & Regulation
CFTC Says Digital Asset Derivatives Will Get Same Regulatory Treatment as Other Products
March 28, 2025

The Commodity Futures Trading Commission withdrew two advisories: one on the review of risks related to clearing digital assets, and the other on virtual currency derivative product listings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Bank Regulation
FDIC Says Updated Guidance Frees Banks to Trade Crypto Without Prior Approval
March 28, 2025

The Federal Deposit Insurance Corporation (FDIC) provided new guidance Friday (March 28) saying that FDIC-supervised institutions can engage in crypto-related activities without receiving prior FDIC approval, provided they adequately manage the associated risks. Get the Full Story Complete the form to unlock this article and...

Legal & Regulation
FTC Adds Defendants in Case Alleging Unlawful Debt Relief Operation
March 28, 2025

The Federal Trade Commission (FTC) has added more defendants in its case against student loan debt relief operation Superior Servicing and its operator, Dennise Merdjanian. 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
Resolution to Repeal Overdraft Fee Rule Passes Senate, Awaits House Vote
March 27, 2025

The U.S. Senate voted Thursday (March 27) to repeal the Consumer Financial Protection Bureau’s final rule capping overdraft fees. 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...

Legal & Regulation
Cleo AI Settles $17 Million FTC ‘Fast Money’ Case
March 27, 2025

The FTC has won a $17 million settlement against online cash advance company Cleo AI. 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, PYMNTS Today. By...

Legal & Regulation
DOJ Launches Task Force to Police ‘Anticompetitive’ Regulators
March 27, 2025

The Department of Justice wants to eliminate “anticompetitive” state and federal laws and 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 daily newsletter, PYMNTS...

Legal & Regulation
CFPB Signals It Will Drop Rule to Treat BNPL Providers Like Credit Card Companies
March 27, 2025

The ultimate fate of the Consumer Financial Protection Bureau (CFPB) has yet to be settled, but the past few weeks have seen the CFPB rescind several orders and rules aimed at banks and FinTechs. Get the Full Story Complete the form to unlock this article...

Legal & Regulation
Trump Imposes 25% Tariffs on Imported Automobiles and Parts
March 26, 2025

President Donald Trump signed an order Wednesday (March 26) that imposes 25% tariffs on imports of automobiles and certain auto parts, according to a thread posted on X by the White House’s Rapid Response 47 account. Get the Full Story Complete the form to unlock...

CFPB
House Hearing on CFPB Blasts Agency’s Structure and Claims Regulatory Overreach
March 26, 2025

Critics of the Consumer Financial Protection Bureau (CFPB) said Wednesday (March 26) at a Capitol Hill hearing that the agency needs a restructuring, and has engaged in what they call “regulatory overreach” that merits a revisiting of its funding structure as well. Get the Full...