Today in TechREG, European Union negotiators have reached an agreement about the scope of anti-money laundering (AML) rules for cryptocurrency transactions. While most of the...
Today in TechREG, the Consumer Financial Protection Bureau (CFPB) has encouraged buy now, pay later (BNPL) providers and credit report agencies to standardize BNPL payment...
This week in TechREG U.S., cryptocurrency regulation has dominated the space. Lawmakers have discussed the role of cryptos in ransomware attacks and how to tackle...
Today in TechREG, the Consumer Financial Protection Bureau (CFPB) removed Upstart from its list of approved “no-action letters” (NALs). The NALs provided regulatory immunity, but...
Despite the absence of specific legislation mandating the use of open banking in the U.S., this practice is growing across the country. Open banking —...
Today in TechREG, the Consumer Financial Protection Bureau (CFPB) announced the creation of a new office in the agency to promote competition and innovation. When...
The price drop in stablecoin TerraUSD and the collapse in its associated cryptocurrency LUNA has triggered a global call for stablecoin regulation. From the U.S....
The Consumer Financial Protection Bureau (CFPB) on Wednesday (May 4) ordered Bank of America to pay $10 million for processing illegal, out-of-state garnishment orders against...