Regulation

Regulation
EU Considers Creating Tech Regulator
July 28, 2022

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...

Regulation
Gensler Aims to Get Crypto Exchanges to Register With SEC
July 28, 2022

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...

Regulation
Polish Banks Face Fines if They Inhibit Mortgage Payment Holiday Scheme
July 26, 2022

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...

Regulation
CFTC Introduces Office of Technology Innovation as Crypto Regulation Develops
July 25, 2022

The Commodity Futures Trading Commission (CFTC), which is one of the top U.S. crypto regulators, is bolstering its regulatory power with the new Office of Technology Innovation, according to remarks from CFTC Chairman Rostin Behnam Monday (July 25). Get the Full Story Complete the form...

Regulation
CFPB to Seek Feedback on Open Banking Rulemaking in November
July 22, 2022

Open banking continues to grow and so do regulatory frameworks that aim at fostering its use. 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...

Regulation
Weekly TechREG: US, UK Lawmakers Move Stablecoin Bills; CFPB Could Force Banks to Reimburse Scam,...
July 22, 2022

This week, the U.K. government introduced the Financial Services and Markets Bill, which would amend banking regulations to include stablecoins as a new payment method. The bill will also pave the way for the Treasury to issue new crypto rules. In the U.S., lawmakers are...

Regulation
Cannabis Firms See Prices Rise Ahead of Senate Hearing on Decriminalization
July 20, 2022

American and Canadian cannabis companies saw their stocks rise Wednesday (July 20) ahead of a U.S. Senate hearing on possible federal marijuana decriminalization. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Regulation
Inside the UK’s Regulatory Sandbox: How It Fosters FinTech Innovation, Drives Multisector Growth
July 20, 2022

The U.K. is credited with launching the first regulatory sandbox in 2016, and since then the concept has spread across the world, with an additional 72 FinTech sandboxes implemented in close to 60 jurisdictions, according to World Bank data. Get the Full Story Complete the...

Regulation
US, UK Policymakers Plan on Delivering Crypto Promises in 2022
July 20, 2022

In 2021, policymakers around the world raised concerns that crypto assets were too big to be left unregulated and regulation was needed to offer more security to investors and consumers. Most of the major economies promised new rules for 2022, and lawmakers are delivering. After...