Oversight of crypto assets is a hot regulatory topic in the U.S. 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...
This week, U.S. policymakers and regulators made their cases on crypto assets and central bank digital currencies (CBDCs). While regulators tend to be very skeptical about cryptocurrencies, even saying that the digital assets depend on “hype,” the position on CBDCs is more positive. Lawmakers, on...
Sanctions have been dominating headlines. 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 to receive...
Today in TechREG, Lael Brainard, vice chair of the Federal Reserve, on Thursday (May 26) told Congress in a hearing about the benefits and risks of having a U.S. central bank digital currency (CBDC). While her remarks were carefully crafted to not show any policy...
The European Commission launched three consultations on May 10, two related to the review of the second payment service directive (PSD2) and one about open finance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Today in TechREG, the Consumer Financial Protection Bureau (CFPB) announced the creation of a new office in the agency to promote competition and innovation. When CFPB Director Rohit Chopra testified on Capitol Hill in April that he wanted to promote open banking principles and to...
The finance ministers and central bank governors from the G-7 met in Germany last week to discuss global economic issues, including cryptocurrencies and central bank digital currencies (CBDCs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
This week, policymakers and regulators in Europe have continued issuing warnings about cryptocurrencies as “highly speculative assets” and renewed calls for “consistent and comprehensive” crypto regulation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
This week, lawmakers and regulators announced that they are working on new rules and legislation in the crypto space. Federal agencies are also poised to step up their enforcement actions to protect consumers and investors. The Securities and Exchange Commission (SEC) and the Commodity Futures...
