Regulation

22 Mar 21 @ 13:32

Visa is reported to be following Mastercard’s earlier decision and plans to increase interchange fees on purchases made by British customers from most of Europe. The company is preparing to... read more

11 Mar 21 @ 12:51

Ripple says its partnership with MoneyGram is to end by mutual agreement. Several weeks ago MoneyGram said it had stopped using Ripple’s On Demand Liquidity (ODL) solution for the four currencies where it was... read more

10 Mar 21 @ 13:20

Axel Voss, one of the original authors of the General Data Protection Regulation (GDPR), told the FT that Europe’s data protection laws are already out of date and must be... read more

23 Feb 21 @ 17:00

Throughout history, innovations in money have challenged and altered the structure of the financial system, but perhaps non more so than the concept of a digital euro. Time and time... read more

22 Feb 21 @ 15:19

Almost all countries increased regulation of the crypto finance industry in 2020. The COVID-19 pandemic provoked a significant boost of digital crimes, including money laundering, terrorist financing, online black marketing... read more

22 Feb 21 @ 15:16

Digital currencies, whether these are central-bank issued, price-stabilised cryptocurrencies (“stablecoins”), or non-stabilised cryptocurrencies such as Bitcoin, are poised to have an impact on the financial system. In recent months we... read more

03 Feb 21 @ 17:25

“If you mess with the bull, expect to get the horns”. So says American folklore – Jack Ma and his Ant group should have listened to the proverb. In just... read more

03 Feb 21 @ 16:59

The UK’s Financial Conduct Authority has said that “buy now, pay later” credit deals offered by online retailers pose a “significant potential for consumer harm” and require regulation “as a... read more

20 Jan 21 @ 16:15

Capital One has picked up a $390 million penalty from the Financial Crimes Enforcement Network (FinCEN) for engaging in both “wilful and negligent violations of the Bank Secrecy Act (BSA)... read more

15 Jan 21 @ 16:50

As the new year begins, and we try to rebuild our economies, we need to rethink the way we regulate finance. That is because the challenges posed by the COVID-19... read more

14 Jan 21 @ 09:35

After a sensation 2020 and a manic January 2021, regulators have finally had enough and are sharpening their focus on bitcoin and its use in the international financial system. It... read more

11 Jan 21 @ 17:34

Revolut has applied to the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA), the UK regulators, for a full banking license to fuel expansion beyond its FinTech roots.... read more