Regulation

Regulation
China Cracks Down On Alt Crypto Trading Platforms
January 15, 2018

China steps up its regulation of cryptocurrency trading by going after online platforms and mobile apps. 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
China Is Picking Up Oversight Of Banking
January 15, 2018

The China Banking Regulatory Commission (CBRC) announced this past weekend that it is focusing on boosting oversight of banking and interbank activities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Regulation
Bill To Ban Use Of Huawei, ZTE Phones
January 15, 2018

Huawei, which just saw its deal to sell its smartphones in the U.S. through AT&T fall apart over security concerns, is facing a bill that would prevent U.S. government agencies from doing business with the Chinese company and ZTE, the Chinese telecommunications equipment provider. Get...

Regulation
Indonesia Issues More Warnings About Cryptocurrencies
January 15, 2018

In its second such warning in recent weeks, Indonesia’s central bank cautioned investors about buying and selling cryptocurrencies because of the risks associated with it. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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Colorado Smokes Up $120M In Cannabis Sales In November
January 12, 2018

Consumer interest in cannabis continues to rise in Colorado, where marijuana shops saw an increase of nearly 10 percent in sales between 2016 and 2017, The Cannabist reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Regulation
Judge Tosses Request For Injunction Against Acting CFPB Head
January 12, 2018

The Trump Administration scored another victory when it comes to the Consumer Financial Protection Bureau (CFPB), with a federal judge dismissing a request for a preliminary injunction against acting director Mick Mulvaney. Get the Full Story Complete the form to unlock this article and enjoy...

Regulation
Trump Administration Eyes Major CRA Overhaul
January 11, 2018

The Trump administration is proposing major changes to the Community Reinvestment Act — a law first enacted in 1977 — that experts believe could mean big changes for the rules that govern lending to poor borrowers. According to Wall Street Journal reports, the net effect of...

Regulation
Treasury Blindsided By DOJ’s About-Face On Cannabis
January 11, 2018

When the Justice Department abruptly announced its revocation of the Cole Memo — the set of federal guidelines that allowed the legal marijuana industry to operate at the state level despite its status as an illegal Schedule 1 narcotic — it neglected to contact the...

Regulation
Bill Would Give FTC Authority To Police, Fine Credit Bureaus
January 11, 2018

Democratic Senators Elizabeth Warren and Mark Warner are introducing new legislation that would allow the U.S. government to levy fines on companies that are the subject of data breaches. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...