Regulation

Regulation
Financial Stability Board to Propose Crypto Regulations in October
July 11, 2022

In the latest example of growing cryptocurrency oversight in the Europe, Middle East and Africa (EMEA) region, the Financial Stability Board will propose crypto regulations in October to add regulatory teeth to the sector, according to a board press release Monday (July 11). Get the...

Regulation
Fed Vice Chair Brainard: Crypto Sector Needs Strong, Swift Regulation
July 08, 2022

Federal Reserve Vice Chair Lael Brainard said it’s time to add some regulatory teeth to the cryptocurrency industry before it becomes so pervasive that it poses financial stability risks, Reuters reported Friday (June 8). Get the Full Story Complete the form to unlock this article...

Regulation
Weekly TechREG US: Federal Agencies Respond to Biden’s Crypto Executive Order; Bank Regulators Urged Banks...
July 08, 2022

This week, the U.S. Treasury proposed to the White House a plan to strengthen international cooperation on crypto regulation to make sure that the country leads the way in setting international standards aligned with U.S. values. The Department of Commerce also closed a consultation on...

Regulation
US Treasury Sets out International Cooperation Plan to Rein in Digital Assets
July 08, 2022

The Secretary of the Treasury on Thursday (July 7) delivered to President Biden a report suggesting that more engagement with foreign counterparts and in international organizations is needed if the U.S. wants to make sure that digital assets around the world respect America’s core values...

Regulation
CFPB Bolsters Data Privacy, Cybersecurity Regulations
July 07, 2022

The Consumer Financial Protection Bureau (CFPB) on Thursday (July 7) handed down new data privacy and cybersecurity regulations to dictate how companies can use and share credit reports and background reports under the Fair Credit Reporting Act. Get the Full Story Complete the form to...

Regulation
Today in TechREG: Boris Johnson Resignation May Delay Crypto, BNPL Legislation; US Banks Urged to...
July 07, 2022

Today the U.K. Prime Minister announced his resignation, and this decision may delay the adoption of new regulation on crypto assets and Buy Now Pay Later sector. In addition to Boris Johnson, more than 40 high-ranked officials have resigned, leaving important key positions at government...

Regulation
UK’s Boris Johnson Resignation May Delay Crypto, BNPL Legislation 
July 07, 2022

A possible resignation of Boris Johnson as leader of the Tory party and Prime Minister in the U.K. may lead to a reshuffle of the cabinet and the need to fill key important positions in the government and other departments like the Treasury, which would...

Regulation
Today in TechREG: Amazon Faces a New UK Antitrust Investigation; Department of Commerce Urged to...
July 06, 2022

Today, the U.K. Competition Markets Authority launched an investigation against Amazon for allegedly giving its own sellers an unfair advantage in its marketplace over third parties. The Department of Commerce closed a consultation requesting stakeholders’ feedback on how to build a new crypto regulatory framework,...

Regulation
Department of Commerce Urged to Slow Roll CBDCs and Clarify Crypto Rules
July 06, 2022

Following President’s Biden Executive Order on crypto assets issued in March, the Department of Commerce (DOC) launched a consultation in May seeking feedback that would help it to develop a regulatory framework to support digital assets technology. However, the results from this consultation suggest that...