Regulation

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...

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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 —...

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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...

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Goldman, Others Tighten Rules On Betting Against Retail Traders’ Meme Stocks
June 06, 2021

New rules could be on the horizon as Wall Street ponders meme stocks, Bloomberg 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 newsletter,...

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From Taxes To Trading, Federal Scrutiny of Crypto Regulation Is On The Rise
June 04, 2021

In the end, the ultimate fate of cryptos – where they trade, how they’re used, maybe even who can use them – may be left up to a hodgepodge of acronyms, a jumble of letters, an alphabet soup. Get the Full Story Complete the form...

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Big Tech Compliance Tracker: European Nations Want More Control Over Big Tech Mergers; US Treasury...
June 01, 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,...

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SEC Mulling Enhanced Investor Safeguards For SPACs
May 27, 2021

In written testimony to the U.S. House Appropriations Committee, Gary Gensler, new chair of the Securities and Exchange Commission (SEC), said stronger investor protections are needed as the number of initial public offerings (IPOs) and special purpose acquisition companies (SPACs) escalates.  Get the Full Story...

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Facebook, Google Press UK To Bar Paul Dacre As Media Chief
May 25, 2021

Lobbyists from Facebook and Google are petitioning U.K. officials in an effort to block the possible appointment of Paul Dacre as chairman of the Office of Communications (Ofcom), Bloomberg reported on Tuesday (May 25), citing sources.  Get the Full Story Complete the form to unlock...

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New German Tech Regs Eye Google’s Dominance
May 25, 2021

The German Federal Cartel Office — Bundeskartellamt — is looking into Google’s market power to determine if the search giant should be held to new digital competition mandates, according to a Tuesday (May 25) press release. Get the Full Story Complete the form to unlock this article and...