Regulation

Regulation
Australian Government Considers Holding Social Media Firms Responsible for User-Posted Content
October 10, 2021

Social media companies such as Facebook and Twitter may be made more responsible for defamatory material published on their platforms if measures being considered by the Australian government are implemented, Reuters reported Sunday (Oct. 10).  Get the Full Story Complete the form to unlock this...

Regulation
White House Considering Tech-Focused Bill of Rights
October 09, 2021

The White House Office of Science and Technology Policy is urging President Joe Biden to adopt a tech-related bill of rights, focused primarily on artificial intelligence (AI)-related issues, according to a Friday (Oct. 8) Associated Press report. Get the Full Story Complete the form to...

Regulation
GDPR Fines Exceed $1.1B in Q3
October 04, 2021

The General Data Protection Regulation (GDPR)’s 984.47 million euro fines (more than $1.14 billion) in the third quarter of 2021 was almost 20 times higher than the combined total of Q1 and Q2, and triple the total amount of fines in all of 2020, according...

Regulation
White House Seeks Stablecoin Regulations
October 01, 2021

The White House has singled out stablecoins for regulations that would be akin to the mandates that banks must follow, according to reports on Friday (Oct. 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Regulation
Chinese Regulators Order Alibaba To Adopt Tencent’s WeChat Pay
September 28, 2021

In a push to even the playing field and stop monopolistic practices, Chinese regulators ordered Alibaba to adopt Tencent’s WeChat Pay on its platform, CNBC and other news outlets reported on Tuesday (Sept. 28). Get the Full Story Complete the form to unlock this article...

Regulation
US House Committee to Consider Bill to Decriminalize Cannabis
September 26, 2021

The House has introduced a bill to decriminalize marijuana, per the official text of the bill. 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
FTC Chair Lina Khan Shapes New View For Antitrust Enforcement
September 24, 2021

The new direction for the Federal Trade Commission (FTC) was outlined with five principles in a recent staff memo from Chair Lina Khan that emphasized the oversight of Big Tech mergers and their “structural dominance.” Get the Full Story Complete the form to unlock this article and...

Regulation
House Passes Cannabis Banking Initiative as Part of Defense Bill
September 23, 2021

The U.S. House of Representatives passed an amendment to the National Defense Authorization Act (NDAA) that would protect banks that do business with cannabis companies in legal states from the penalties of federal regulators. Get the Full Story Complete the form to unlock this article...

Regulation
Big Tech Compliance Tracker: Amazon Antitrust Complaint Expands; Epic Games Pays Apple $6M for Breach...
September 20, 2021

Here’s the latest news from the technology industry, which is coming under increasing global scrutiny. 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,...