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financial regulation

3 articles

Feds Pull Proposals for Reporting Crypto Transactions

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Federal regulators have withdrawn plans that would have expanded reporting requirements around cryptocurrency transactions. The Treasury Department’s Financial Crimes Enforcement Network (FinCEN) and Federal Reserve Board of Governors announced Friday…

Revolut’s Product Approvals Face UK Regulatory Scrutiny

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British regulators are reportedly reviewing Revolut’s process for approving new products. The Bank of England’s Prudential Regulation Authority (PRA)  issued what is known as a section 166 earlier this year…