TechREG

US Allies Escalate Financial War Against Putin, Freeze Russian Central Bank Foreign Reserves
US Allies Escalate Financial War Against Putin, Freeze Russian Central Bank Foreign Reserves
February 26, 2022  |  International

As reports of military action and casualties mount following Russia’s invasion of Ukraine, a parallel ‘financial war’ is also escalating that is aimed at isolating Moscow through a growing...

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Academic and Economic Experts Debate the Need and Scope of Crypto Regulation 
Academic and Economic Experts Debate the Need and Scope of Crypto Regulation 
February 24, 2022  |  Cryptocurrency

Cryptocurrencies raise potential benefits and risks. They represent a break from the traditional model of so-called “fiat currency,” which gives government bodies inherent regulatory power....

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Federal Reserve Governor Stresses the Importance of a US CBDC
Federal Reserve Governor Stresses the Importance of a US CBDC
February 21, 2022  |  News

Lael Brainard, governor of the Federal Reserve System, in a speech at the U.S. Monetary Policy Forum in New York on Friday (Feb. 18), reiterated...

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BoE and FCA Favor a Light Touch Approach to AI Regulation
BoE and FCA Favor a Light Touch Approach to AI Regulation
February 21, 2022  |  News

The Bank of England and the Financial Conduct Authority released their final report on the Artificial Intelligence Public-Private Forum, where regulators discussed the benefits and...

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Data Protection Holds Influential Role In EU Legislative Process, Regional Watchdog Says
Data Protection Holds Influential Role In EU Legislative Process, Regional Watchdog Says
January 28, 2022  |  Regulation

When the European Data Protection Supervisor (EDPS) recommended that the artificial intelligence (AI) act shouldn’t allow AI systems to recognize human features in public places,...

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Open Banking’s Way Forward Involves More Data Sharing, Not Less
Open Banking’s Way Forward Involves More Data Sharing, Not Less
January 26, 2022  |  Digital-First Banking

Despite a slow start in the United Kingdom and much of Europe, open banking is catching on, and this progress will likely accelerate rather than...

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European Payments Council Launches Consultation to Expand EU Direct Payments
European Payments Council Launches Consultation to Expand EU Direct Payments
January 21, 2022  |  International

The European Payments Council (EPC), a nonprofit organization representing payment service providers (PSPs) that promotes the development of the Single Euro Payments Area (SEPA), has...

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SEC, CFTC Coordination May Be the Way Forward for Crypto Regulation
SEC, CFTC Coordination May Be the Way Forward for Crypto Regulation
January 21, 2022  |  Regulation

Calling cryptocurrency the “Wild West” of finance, the U.S. Securities and Exchange Commission (SEC) chairman has said regulating crypto trading platforms is one of the...

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Spain, Singapore Join UK in Crypto Ad Smackdown
Spain, Singapore Join UK in Crypto Ad Smackdown
January 17, 2022  |  Regulation

If you thought the U.K.’s recent spate of cryptocurrency advertising bans was tough, at least it was targeting individual companies’ advertisements, take a look at...

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