Regulation

Regulation
SEC Joins FTC in Voicing Concerns Over AI as Risk of Regulation Looms
March 11, 2022

Securities and Exchange Commission Chair Gary Gensler delivered his remarks on Thursday March 10 before the Investor Advisory Committee that was devoted to the use of artificial intelligence in robo-Advisory services and cybersecurity disclosures.  Get the Full Story Complete the form to unlock this article...

Regulation
South Korean Regulator Releases Rules on in-App Payments
March 10, 2022

South Korean telecommunication regulators have banned Apple Inc., Alphabet’s Google and other app store operators from forcing software developers to use their payments systems, The Korea Herald reported Thursday (March 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Regulation
Binance’s Plan to Build Crypto-to-Fiat Payments Rail Meets Regulatory Resistance
March 08, 2022

The road to payments processing is littered with potholes, and it appears Binance, the world’s top cryptocurrency exchange, drove into one Monday (March 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Regulation
Workable Exemptions Would Foster SEC, Crypto Collaboration, Says Commissioner Hester Peirce
March 08, 2022

Crypto companies have been arguing for years that they need more guidance from the Securities and Exchange Commission to understand whether their products are securities and need to be regulated as such. Get the Full Story Complete the form to unlock this article and enjoy...

Regulation
Utah on the Verge of Adopting Comprehensive Privacy Law
March 04, 2022

Utah is on track to enact a comprehensive state privacy law, the International Association of Privacy Professionals (IAPP) reported Thursday (March 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Regulation
Amid War in Ukraine, Crypto Regulation Refocuses on the Dark Side of Digital Assets
March 03, 2022

A month ago, the argument about how to regulate cryptocurrencies was solidifying as one that cast the need for strong consumer protection against the need for rules that encourage innovation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Regulation
UK Regulator Bans Crypto Floki Inu Ad
March 02, 2022

The United Kingdom’s advertising regulator has taken aim at another crypto ad. 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
Complying With EU Data Laws Is Becoming Increasingly Complex 
February 28, 2022

Data breaches in Europe can be extremely expensive, up to 4% of a company’s annual turnover, thanks to the General Data Protection Regulation (GDPR). Fines for data breaches reached more than $1.1 billion in 2021, with Amazon leading the scoreboard with a staggering $867 million...

Regulation
FDIC Bars Three From Banking as Part of January’s Enforcement Actions
February 25, 2022

Three people were ordered from further participation “in any manner” having to do with financial institutions following January enforcement actions by the Federal Deposit Insurance Corporation (FDIC), the agency announced on Friday (Feb. 25). Get the Full Story Complete the form to unlock this article...