U.S. Sen. Lindsey Graham, R-S.C., who has been oft-critical of social media companies, said he wants to regulate and maybe license the companies, including big names like Meta’s Facebook or Twitter, Reuters wrote. Get the Full Story Complete the form to unlock this article and...
The U.S. Securities and Exchange Commission (SEC) will add offices to its Division of Corporate Finance’s Disclosure Review Program (DRP), including an Office of Crypto Assets, a press release said Friday (Sept. 9). Get the Full Story Complete the form to unlock this article and...
In the saga of Big Tech companies and their seemingly never-ending confrontations with EU legislators, issues surrounding what the EU calls “digital sovereignty” are among the most intractable. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
About six weeks into his new role as Federal Reserve Vice Chair for Supervision, Michael Barr’s first speech focused on safety and fairness as he hinted at tougher oversight of cryptocurrency, bank mergers and climate change. Get the Full Story Complete the form to unlock...
A major Congressional effort to create regulations around stablecoins has hit a bump in the road, and while negotiations still ongoing, they are likely to extend beyond what the calendar allows. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Alloy, which works on helping banks and FinTechs with identity decisioning and threat selections with API service and SaaS, has a $1.55 billion valuation now after raising $52 million recently, a report said. Get the Full Story Complete the form to unlock this article and...
Back in June, the European Banking Authority (EBA) published its response to the European Commission’s call for advice on its review of the revised Payment Services Directive (PSD2). That review is set to lead to a re-revised payments services directive in the coming years that...
Federal authorities are investigating whether cryptocurrency exchange Binance violated the Bank Secrecy Act. 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....
African payments technology firm Flutterwave has been granted a Switching and Processing License by the Central Bank of Nigeria, which is widely considered the most significant payments processing license in the country. Get the Full Story Complete the form to unlock this article and enjoy...
