The fight between the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) over who will regulate cryptocurrencies just took a turn that is likely to please the industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Warning that the risks decentralized finance (DeFi) pose are quickly evolving as the crypto-based markets grow to the point where they are “cloning” mainstream financial markets, an international group of securities regulators announced a push to create a coordinated global response. Get the Full Story...
The new European Digital Markets Act which aims to rein in Big Tech may enter into force by the end of the year after the EU institutions reached an agreement on Thursday on the final text of the bill. Get the Full Story Complete the...
The Council and the European Parliament on March 24 reached a provisional political agreement on the Digital Markets Act (DMA). Final technical work will be finalized in the coming days, but this agreement marks the beginning of the countdown for the implementation of this new...
The Bank of England (BoE) published a report on Thursday (March 24) suggesting that a new legal framework to regulate crypto assets is needed, but most notably, the report focuses on stablecoins and the need to bring them under the Bank´s remit to control any...
Decentralized finance is a growing threat to economic stability that must be reined in and regulated by international cooperation. 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...
Europe’s proposed artificial intelligence (AI) rules should try to benefit from the technology instead of hindering it, an EU lawmaker told Reuters this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The U.K. Payment System Regulator (PSR) is a fundamental piece of the regulatory payment landscape in the U.K. It has powers to set standards, impose requirements regarding system rules, require operators to provide direct access to payment systems and even investigate companies’ practices. Get the...
The Australian government announced on Monday (March 21) that it will introduce new legislation this year to combat harmful disinformation and misinformation online. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
