Regulation

Regulation
As Scrutiny of Activision Bid Intensifies, Microsoft Offers App ‘Principles’
February 09, 2022

Better to get out in front of an issue and meet it head-on than try to play catch-up later. 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...

Regulation
Capitol Hill Lawmakers Threaten to Probe GoFundMe After Trucker Fundraiser Shuttered
February 09, 2022

Citing potential violation of federal law by GoFundMe Inc., GOP lawmakers have called for an investigation into the crowdfunding platform’s decision to withdraw a page accepting donations in support of protesting truckdrivers in Canada. Get the Full Story Complete the form to unlock this article and enjoy...

Regulation
UK Competition Watchdog Designates Amazon as ‘Grocery Retailer’ to Protect Suppliers
February 09, 2022

As a result of Amazon’s increasing activity in the U.K. grocery sector, Britain’s Competition and Markets Authority (CMA) announced in Wednesday (Feb. 9) statement that it has designated the eCommerce giant and its U.K. subsidiaries under the Groceries Market Investigation Order. Get the Full Story...

Regulation
SEC Advisor: Regulator Should Listen to the Crypto Community and Open Debate
February 09, 2022

As a panel member that advises Securities and Exchange Commission (SEC) Chairman Gary Gensler, Associate Professor J.W. Verret of the Antonin Scalia Law School at George Mason University has more than a passing interest in regulating cryptocurrencies. Get the Full Story Complete the form to unlock...

Regulation
Regulators Must Catch up With Digital Finance, EU Watchdogs Warn
February 09, 2022

Europe’s three regulators have called for actions to ensure the European Union’s (EU) rules and supervisory framework is fit for the digital age. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Regulation
Senate Hearing on Digital Assets May Test Role of CFTC and DeFi 
February 09, 2022

Today, February 9, the U.S. Senate Committee on Agriculture, Nutrition and Forestry is holding a hearing on digital assets where witness experts will likely discuss the risks of cryptocurrencies and other digital assets, the need for new regulation and the role of the Commodity Futures...

Regulation
UK Adds Focus on Growth in Considering Financial Regulation
February 08, 2022

The British finance ministry is moving forward with its plans to require regulators to consider the financial sector’s global competitiveness when writing rules, even after some in the country believe they make regulators look like “cheerleaders” for finance, according to a Reuters report Tuesday (Feb....

Regulation
EU Council May Push for DMA, DSA Approval Before Summer 
February 08, 2022

Emmanuel Macron, the president of France, also holds the presidency of the Council of the European Union for the next six months — and it is likely that in that time he will push for the ratification of the Digital Markets Act (DMA) and the...

Regulation
Consumer Advocates Could Find a Friend in the FDIC to Fight ‘Rent-a-Bank’ Loans
February 08, 2022

A dozen consumer protection groups like the National Community Reinvestment Coalition are calling on the Federal Deposit Insurance Corporation (FDIC) to stop a practice known as “rent-a-bank loans,” used by some online lenders to circumvent state interest rate caps on personal loans and set interest...