The General Data Protection Regulation (GDPR)’s 984.47 million euro fines (more than $1.14 billion) in the third quarter of 2021 was almost 20 times higher than the combined total of Q1 and Q2, and triple the total amount of fines in all of 2020, according...
The White House has singled out stablecoins for regulations that would be akin to the mandates that banks must follow, according to reports on Friday (Oct. 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
In a push to even the playing field and stop monopolistic practices, Chinese regulators ordered Alibaba to adopt Tencent’s WeChat Pay on its platform, CNBC and other news outlets reported on Tuesday (Sept. 28). Get the Full Story Complete the form to unlock this article...
The House has introduced a bill to decriminalize marijuana, per the official text of the bill. 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...
The new direction for the Federal Trade Commission (FTC) was outlined with five principles in a recent staff memo from Chair Lina Khan that emphasized the oversight of Big Tech mergers and their “structural dominance.” Get the Full Story Complete the form to unlock this article and...
The U.S. House of Representatives passed an amendment to the National Defense Authorization Act (NDAA) that would protect banks that do business with cannabis companies in legal states from the penalties of federal regulators. Get the Full Story Complete the form to unlock this article...
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,...
Chinese regulators are defending their crackdown on industries that have disrupted the market as they speak with Wall Street executives, saying the new rules aren’t supposed to crush tech companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The U.S. Treasury Department is expected to impose sanctions and issue new guidance to stop ransomware hackers from profiting from attacks, the Wall Street Journal reported on Friday (Sept. 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
