Regulation

Regulation
GOP AGs Ask Credit Card Companies to Drop Merchant Code That Tracks Gun Sales
September 20, 2022

Republican attorneys general in 24 states said America’s three largest card networks could be violating the law with a new system for processing firearms purchases. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Regulation
DOJ Seeks to Double Jail Time for Money Transmission Crimes
September 20, 2022

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Regulation
Report: SEC Accounting Guidance Creates Hurdle for Banks’ Crypto Plans
September 16, 2022

Despite demand from an increasing number of their clients for cryptocurrency products and services, many banks are reportedly holding back on offering them because accounting guidance from the U.S. Securities and Exchange Commission (SEC) makes it unprofitable to do so.  Get the Full Story Complete...

Regulation
Biden Increases Screening of Foreign Investment for Security Risks
September 15, 2022

The Biden administration is ordering the Committee on Foreign Investment (CFIUS) to add more scrutiny on deals that might give China access to critical tech or that could put personal data at risk, The Wall Street Journal (WSJ) wrote. Get the Full Story Complete the...

Regulation
Toomey Revives Call for 2022 Stablecoin Regulation
September 15, 2022

One of the Senate’s top Republicans believes that stablecoin regulation can still happen this year. 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,...

Regulation
CFPB Says Consumers at Risk From BNPL Over-Extension
September 15, 2022

For buy now, pay later (BNPL), heady growth demands some new guardrails. 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...

Regulation
US Regulators Want Citigroup to Fix Risk Management Faster, Report Says
September 14, 2022

Regulators at the Federal Reserve reportedly grown impatient with Citigroup’s response to its complaints about the bank’s systems for preventing mistakes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Regulation
Binance CEO: EU’s Proposed Crypto Reg ‘Strict’
September 14, 2022

Binance Founder and CEO Changpeng “CZ” Zhao reportedly said the European Union’s proposed regulation of cryptocurrency is “fantastic,” though he does have some reservations about it.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Regulation
Report: Indian Federal Agency Searched Some Paytm, PayU Locations
September 14, 2022

An Indian federal agency has reportedly conducted searches at some PayU and Paytm locations, with the latter being owned by One 97 Communications. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...