TechREG

Another Firm Cuts Withdrawals, Highlighting Crypto Lending’s Dangers

Another Firm Cuts Withdrawals, Highlighting Crypto Lending’s Dangers
Another Firm Cuts Withdrawals, Highlighting Crypto Lending’s Dangers
June 23, 2022  |  Cryptocurrency

Despite receiving a $500 million backstop line of credit on June 21, teetering crypto broker Voyager Digital announced today that it was cutting its daily...

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SEC’s ‘Backdoor’ Approach to Crypto May Cost It Power
SEC’s ‘Backdoor’ Approach to Crypto May Cost It Power
June 23, 2022  |  Cryptocurrency

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Today in TechREG: CFPB Probes Late Fees; UK FCA to Tap AI, Tackle Online Scams
Today in TechREG: CFPB Probes Late Fees; UK FCA to Tap AI, Tackle Online Scams
June 23, 2022  |  Technology

Today in technology regulation news, the U.K.’s Financial Conduct Authority (FCA) announced a new plan to use data analytics and AI to identify and prevent...

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UK Payment Systems Regulator to Review Visa, Mastercard Fees
UK Payment Systems Regulator to Review Visa, Mastercard Fees
June 21, 2022  |  Credit Cards

On Tuesday (June 21), the U.K.’s Payment Systems Regulator (PSR) detailed plans for two market reviews it will carry out focusing on card fees. One...

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RBI to FinTechs: Non-Banks Can’t Reload Funds to Prepaid Wallets, Cards
RBI to FinTechs: Non-Banks Can’t Reload Funds to Prepaid Wallets, Cards
June 21, 2022  |  Legal & Regulation

FinTechs were alerted that non-bank issuers of prepaid payment instruments (PPIs) can’t load cards and digital wallets with funds through credit lines, the Reserve Bank...

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Bill Giving CFTC Regulatory Control Would Reshape Crypto
Bill Giving CFTC Regulatory Control Would Reshape Crypto
June 17, 2022  |  Legal & Regulation

When Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) revealed that their bipartisan bill creating a regulatory framework for cryptocurrencies would define most digital assets...

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TechReg Weekly EMEA: Apple, Google, Meta Offer Commitments to End EU Probes
TechReg Weekly EMEA: Apple, Google, Meta Offer Commitments to End EU Probes
June 17, 2022  |  Technology

This week, Big Tech firms seem to have coordinated to offer remedies to EU regulators to end different antitrust probes as Amazon, Meta and Google...

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This Week in US TechREG: SEC, Crypto Community Exchange Warnings; CFPB Wants Credit Reporting Standards in BNPL Sector
This Week in US TechREG: SEC, Crypto Community Exchange Warnings; CFPB Wants Credit Reporting Standards...
June 17, 2022  |  Technology

This week, the Securities and Exchange Commission (SEC) and the crypto community have been sending warnings to each other: the SEC chair said there was...

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