legal

Common legal phrase. Lawful action, such as an agreement consciously agreed to by two or more entities, establishing lawful accountability. For example, an apartment lease legally binds the lessor and the lessee.

Cashless ATMs Mask Estimated $7B in Cannabis Transactions 

Cashless ATMs Mask Estimated $7B in Cannabis Transactions 
Cashless ATMs Mask Estimated $7B in Cannabis Transactions 
April 01, 2022  |  Legal & Regulation

Cashless ATMs have reportedly been used to process some $7 billion in cannabis transactions, Bloomberg reported on Friday (April 1).  Get the Full Story Complete...

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Apple Wins Koch Group Support Over Epic Games Lawsuit
Apple Wins Koch Group Support Over Epic Games Lawsuit
March 31, 2022  |  Legal & Regulation

Apple has won support from the billionaire industrialist Koch brothers’ advocacy group in a court fight over anti-competition claims with Apple’s App Store, Bloomberg reported...

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EMEA Daily: Adyen to Expand Into Embedded Financial Products; Klarna Unveils ‘Klarna Kosma’ Open Banking Unit
EMEA Daily: Adyen to Expand Into Embedded Financial Products; Klarna Unveils ‘Klarna Kosma’ Open Banking...
March 31, 2022  |  Cross-border Payments

In today’s top Europe, Middle East and Africa news, Dutch payments group Adyen introduced new financial products, while Swedish buy now, pay later (BNPL) firm...

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Refuting Nike’s Trademark Suit, StockX Stakes a Claim For NFT Fair Use In the Metaverse
Refuting Nike’s Trademark Suit, StockX Stakes a Claim For NFT Fair Use In the Metaverse
March 31, 2022  |  NFTs

In a case that could make — or muddy — legal precedent in the NFT arena, sneaker reseller StockX denied Nike’s claim that the tokenized...

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Money Laundering Crimes Surge Along With DOJ Arrests as 7 Plead Guilty
Money Laundering Crimes Surge Along With DOJ Arrests as 7 Plead Guilty
March 30, 2022  |  Cybersecurity

Over $2 trillion in illegally gained funds are reprocessed in the global economy as being legit despite the best efforts of financial institutions, new legislation...

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SEC: Investors Can Sue Over Inaccurate SPAC Forecasts
SEC: Investors Can Sue Over Inaccurate SPAC Forecasts
March 29, 2022  |  SPAC

Special purpose acquisition company (SPAC) sponsors embellishing projections about the companies they’re taking public might be seeing harsher ramifications soon, according to a Tuesday (March...

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Italy’s Central Bank Bans Online Bank N26 From New Clients, New Products Over AML Risks
Italy’s Central Bank Bans Online Bank N26 From New Clients, New Products Over AML Risks
March 29, 2022  |  Cross-border Payments

The Bank of Italy has banned the local unit of online German bank N26 from signing up new customers, due to checks late last year...

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CFPB’s Chopra Proposes Structural Remedies for Repeat Offenders
CFPB’s Chopra Proposes Structural Remedies for Repeat Offenders
March 29, 2022  |  Legal & Regulation

In a speech at the University of Pennsylvania Monday (March 28), Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra urged regulators and enforcers, including the...

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