A bipartisan group of 30 lawmakers sent a letter to President Joe Biden urging him to talk to EU leaders and persuade them to change the proposed Digital Markets Act (DMA), as in their view, it “unfairly” targets U.S. tech companies. Get the Full Story...
European Commission Vice President Margrethe Vestager, in a speech at the University of California Berkeley’s Law School on Tuesday (Feb. 22), reiterated the importance of the European Union legislation to regulate digital platforms and how other countries are sharing the same views and adopting similar regulations....
Nearly six dozen CEOs are calling for increased regulation of the FinTech sector in the United Kingdom, Altfi 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...
After leaving the European Union effectively in 2021, the U.K. was no longer bound by EU rules, except in a few cases where the U.K. retained some EU rules for some time. Yet, the U.K. government is determined to use its renewed powers to rule...
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As the five tech superpowers have grown to dominate the world, regulators have sharpened their focus on how to tame them and keep the sectors competitive. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
In the crypto regulation debate, many people in the industry are suggesting that new regulation in the United States is needed to provide more clarity and legal certainty for companies. Yet, Ashley Ebersole, partner at Bryan Cave Leighton Paisner, told PMYNTS that any legal expert...
New rules proposed by the Federal Trade Commission would seek redress for victims of sham money-making schemes and impose steep fines against violators, including multilevel marketers, for-profit colleges and gig economy platforms. Get the Full Story Complete the form to unlock this article and enjoy...
The Biden administration is looking more into private equity and alternative investments like hedge funds, CNBC reported Wednesday (Feb. 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....