Former federal prosecutor Grant Fondo has said legislation that aims to provide clarity on which U.S. agency should be in charge of crypto regulation isn’t getting the job done yet. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Regulators in the U.S. are looking into whether big regional banks should be required to add to the debt buffer that helps them in times of crisis, which could slow down some pending mergers. Get the Full Story Complete the form to unlock this article...
The New York State Department of Financial Services (NYDFS) has fined the cryptocurrency trading unit of online brokerage Robinhood $30 million for alleged violations of anti-money laundering (AML) and cybersecurity regulations, The Wall Street Journal (WSJ) reported Tuesday (Aug. 2). Get the Full Story Complete...
Businesses in India with an annual turnover of Rs 10 crore and above will be mandated to use electronic invoicing as of Oct. 1 in a move by the Central Board of Indirect Taxes and Customs (CBIC) intended to plug revenue leakages and facilitate compliance. Get the...
There are reportedly “major concerns” among European regulatory officials about the ability to hire specialized staff to help regulate crypto. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Ex-Commodity Futures Trading Commission (CFTC) chief Chris Giancarlo has said the European Union’s Markets in Crypto Assets (MiCA) bill might end up exporting European crypto regulation and damage U.S. chances at making more concrete rules. Get the Full Story Complete the form to unlock this...
The European Commission is mulling the idea of a new directorate seeking to rein in Big Tech, which could be headed up by two top antitrust officials. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
U.S. Securities and Exchange Commission Chair Gary Gensler has been working harder to try and get crypto trading platforms to register with the SEC as talk about how to regulate the assets increases in volume. Get the Full Story Complete the form to unlock this...
Polish banks could face fines of up to 10% of their annual turnover if they make it difficult for mortgage holders to take advantage of payment holidays, the country’s consumer watchdog said Tuesday (July 26). Get the Full Story Complete the form to unlock this...
