Legal & Regulation

Legal & Regulation
CFTC Clarifies Views on Regulatory Treatment of Foreign Exchange Products
April 10, 2025

The Commodity Futures Trading Commission (CFTC) released an interpretive letter providing views on certain foreign exchange (FX) transactions. 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
Trump Boosts Tariffs on Low-Value Packages Again After China Retaliates
April 10, 2025

President Donald Trump increased the previously announced tariffs on low-value packages from China after that country retaliated against the U.S. by boosting its tariffs on U.S. goods. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

AML
Block Fined $40 Million for Cash App’s Anti-Money Laundering Failures
April 10, 2025

Block will pay a $40 million penalty over anti-money laundering deficiencies in its Cash App. 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....

CFPB
CFPB’s Overdraft Rule Set to Be Repealed After House Vote
April 09, 2025

The Consumer Financial Protection Bureau’s (CFPB) final rule capping overdraft fees is set to be repealed after the House of Representatives voted Wednesday (April 9) to disapprove it. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

CFPB
House Votes to Repeal CFPB Rule Covering Consumer Payment Apps
April 09, 2025

The House of Representatives passed a Congressional Review Act resolution Wednesday (April 9), overturning the Consumer Financial Protection Bureau’s (CFPB) rule, “Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications.” Get the Full Story Complete the form to unlock this article and...

Bank Regulation
Treasury Secretary Plans to Play Bigger Role in Bank Regulation
April 09, 2025

The U.S. Department of the Treasury is reportedly planning to take a greater part in regulating banks in the United States. 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
DailyPay Sues NY AG to Counter On-Demand Pay Restrictions
April 07, 2025

Earned wage access company DailyPay has sued New York Attorney General Letitia James. 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....

Legal & Regulation
DOGE Reportedly Plans to Construct ‘Mega API’ in IRS ‘Hackathon’
April 06, 2025

The Department of Government Efficiency (DOGE) is reportedly planning a “hackathon” at the IRS. 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
Report: EU to Announce Digital Services Act Penalties Against X This Summer
April 04, 2025

The European Union is reportedly preparing penalties against X that include a fine and demands for changes to the platform. 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...