licenses

Musk: X Close to Landing NY and CA Payment Licenses
Musk: X Close to Landing NY and CA Payment Licenses
March 07, 2024  |  Digital Payments

Elon Musk says X could soon receive money transmitter licenses from New York and California. The license from California could come in the next month or so,...

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Twitter Faces Legal Battle Over Copyright Infringement
Twitter Faces Legal Battle Over Copyright Infringement
June 14, 2023  |  Legal

The National Music Publishers’ Association has filed a lawsuit against Twitter, alleging that the platform has been using copyrighted music without permission. NMPA President David...

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France To Outlaw Huawei 5G Equipment Within 8 Years
France To Outlaw Huawei 5G Equipment Within 8 Years
July 22, 2020  |  Mobile

France is kicking Huawei to the curb. The Chinese technology company, one of the early entrants into the 5G era with a $600 million investment in the...

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HSBC Says China Should Loosen Regs For Global FIs
HSBC Says China Should Loosen Regs For Global FIs
October 27, 2019  |  Regulation

HSBC executive Peter Wong is calling for China to relax regulations so that foreign banks can have an easier time obtaining licenses and raising deposits...

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NY Federal Court Rules OCC Cannot Grant Charters To FinTech Firms
NY Federal Court Rules OCC Cannot Grant Charters To FinTech Firms
October 23, 2019  |  Bank Regulation

New York’s federal district court ruled that the U.S. Office of the Comptroller of the Currency (OCC) does not have the power to grant national...

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Huawei Ban Could Slow China’s 5G Progress
Huawei Ban Could Slow China’s 5G Progress
June 25, 2019  |  International

Despite its tensions with the United States, China still wants to show the world that it intends to become the first 5G superpower, with the...

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Hong Kong Issues More Online Banking Licenses
Hong Kong Issues More Online Banking Licenses
May 09, 2019  |  Regulation

The banking regulator in Hong Kong has issued an additional four online-only banking licenses to Ping An, Alibaba, mobile phone maker Xiaomi and a joint...

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First Three Digital Banking Licenses Awarded In Hong Kong
First Three Digital Banking Licenses Awarded In Hong Kong
March 27, 2019  |  Digital Banking

Hong Kong has issued its first digital banking licenses, in a move toward strengthening the city’s financial sector, according to reports. The Hong Kong Monetary...

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As Brexit Looms, FinTech Firms Scramble For Lithuanian Licenses
As Brexit Looms, FinTech Firms Scramble For Lithuanian Licenses
February 08, 2019  |  International

With Britain set to leave the European Union on March 29, financial companies from Britain and elsewhere are scrambling to secure electronic money institution licenses...

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