Regulation

Regulation
South Dakota Governor Bans TikTok From State Devices
November 29, 2022

South Dakota Gov. Kristi Noem has banned the use of TikTok on state devices.  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...

Regulation
BaFin Helps German FinTechs Navigate Regulatory Landscape With New Innovation Hub
November 29, 2022

“Innovation is key to any market’s survival.” 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 completing this form, you agree...

Regulation
Singapore’s Temasek Explains Its Due Diligence Following FTX Losses
November 28, 2022

After Singapore’s state-owned investor Temasek wrote off its $275 million stake in now-bankrupt cryptocurrency exchange FTX, some of the country’s legislators are reportedly questioning the organization’s due diligence. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Regulation
Paytm Must Reapply for Digital Banking Payments License in India
November 27, 2022

In an effort to make sure digital payment transactions are regulated in India, the country’s reserve bank has issued a request for digital payments banking platform Paytm Payments Bank to reapply for its license to operate in India. Get the Full Story Complete the form...

Regulation
UK Finance Ministry Nixes Veto Proposal Over Regulators
November 23, 2022

A proposal that would have allowed Britain’s finance ministry to overturn decisions made by financial regulators has been removed from a bill that is now moving through Parliament.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Regulation
Stricter Nonbank Oversight Stokes Fears of FinTech Winnowing
November 23, 2022

Even though nonbanks are just what the name implies, in the eyes of regulators, some say it might be easier to treat them as if they were. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Regulation
UK’s Ofcom Calls for Social Media Algorithm Regulation
November 16, 2022

U.K communications regulator Ofcom is calling for better social media regulations amid concerns about the influence U.S.-based Big Tech firms have on news consumption in the U.K. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Regulation
House Financial Services Committee Announces December Hearing on FTX Collapse
November 16, 2022

The downfall of crypto trading platform FTX has triggered a worldwide regulatory investigation, and now the U.S. House Financial Services Committee is undertaking a bipartisan hearing on the matter in December. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Regulation
Japan’s Financial Regulator: Local Impact From FTX Collapse ‘Minimal’
November 16, 2022

Aiming to determine Japan’s exposure to FTX, the country’s Financial Services Agency (FSA) has reportedly asked local cryptocurrency exchanges if the collapse of FTX and its affiliated companies has affected their businesses. Get the Full Story Complete the form to unlock this article and enjoy...