U.S. lawmakers are preparing bipartisan legislation that would require Big Tech companies like Amazon to essentially split in two or shed their private-label products. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
China’s Banking and Insurance Regulatory Commission (CBIRC) has imposed new rules on wealth management products for cash, a move that puts stricter controls on the trillion-dollar market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
U.S. House of Representatives lawmakers are in the midst of finalizing drafts of five laws targeting Big Tech, Reuters reported, citing sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler is looking for an audit into the laws regulating the U.S. stock market, including best execution requirements, The Wall Street Journal (WSJ) reported on Wednesday (June 9). Get the Full Story Complete the form to unlock this...
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,...
The Bank of England wants stablecoins to be governed by the same regulations as other payments handled by banks if and when they become widely used. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
China has blocked cryptocurrency and decentralized finance (DeFi) accounts and influencers from Sina Weibo, which is the Chinese equivalent of Twitter, The Guardian reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Chinese authorities increasingly are limiting the ways technology companies in the country are allowed to operate, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
New rules could be on the horizon as Wall Street ponders meme stocks, Bloomberg reported. 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,...