36 articles
Utah has become the latest flashpoint in the fight over who regulates prediction markets. The Commodity Futures Trading Commission (CFTC) this week filed a lawsuit to block state enforcement aimed…
Kalshi CEO Tarek Mansour is looking for new ways to protect consumers losing money on the prediction markets platform, Bloomberg reported Wednesday (Oct. 28). “Irresponsible users is a real worry…
Major artificial intelligence (AI) developers would have to disclose whether and how extensively they use their own technology to develop new models under a policy proposal aimed at giving federal…
The Federal Trade Commission and 20 states sued Dollar General Monday (Oct. 26), alleging that the retailer routinely overcharges customers and has done so for years. The complaint alleged that…
Canada began a 60-day consultation period on draft stablecoin regulations, CoinDesk reported Monday (Oct. 26). The regulations uphold a ban on yield payments and require nonbank issuers to keep their…
The US Office of the Comptroller of the Currency (OCC) has finalized its rules for implementing the GENIUS Act. The rule covers requirements for permitted payment stablecoin issuers, foreign issuers…
Polygon has completed its acquisition of Coinme, making Polygon Open Money Stack a U.S.-regulated payments platform, the company said in an Oct. 14 blog post. “This is a huge step for Polygon,” the company said…
FinTech company Sezzle has begun the formal charter application process to establish a national bank that would offer a broad range of banking products and services, the company said in a…
European eInvoicing mandates seek to standardize how businesses deliver the information used to approve and collect payments. Invoice amounts, tax details and transaction references enter defined fields that accounting software…
States are developing safeguards against artificial intelligence agents that evade human control, stepping into a regulatory gap left by Congress amid growing concerns over cybersecurity, public infrastructure and government data.…
Launching a FinTech often starts with a simple plan. Get the right state licenses, team up with a bank and start moving money. But success brings a new problem. Once…
The week in digital assets was dominated by regulation. The net-net of a wild week? Banks face renewed competition for customers’ cash after federal regulators left room for cryptocurrency platforms…
The Office of the Comptroller of the Currency (OCC) has finalized rules governing stablecoin issuers under its jurisdiction, establishing standards for reserves, redemption, custody and risk management ahead of a…
Businesses deploying artificial intelligence face growing legal exposure when their descriptions of data practices fail to match how their systems operate. Updating privacy policies or terms of service after introducing…
Ripple filed a comment letter with the SEC, voicing support for the agency’s proposed Regulation Crypto Assets and urging it to finalize the rule. As per the company, the proposal…
Treasury’s effort to regulate payment stablecoins hinges on questions on when a coin has actually been issued, who issued it and how a stablecoin created outside the country can legally…
Utah is expanding its artificial intelligence sandbox with three healthcare pilots. At the same time, regulators are developing answers to questions about patient protection, such as who bears liability when…
The Department of Homeland Security (DHS) has issued an order banning federal civilian agencies from acquiring products and services developed by DeepSeek and requiring them to remove the company’s products…
The United Kingdom’s Financial Conduct Authority plans to develop a framework for agentic finance that encompasses agent identity, delegated authority, accountability and execution, Jessica Rusu, chief data, information and intelligence…
President Donald Trump’s artificial intelligence (AI) task force, the Super Intelligence Force, will commission a report from the President’s Council of Advisors on Science and Technology to evaluate potential dangers of the…
A global financial watchdog is calling on banks to increase their oversight of agentic AI. The Financial Stability Board (FSB) made that call in a report published Thursday (Oct. 15) outlining proper practices for…
Federal regulators said some of the largest banks in the United States allowed political concerns to shape who received services. The Office of the Comptroller of the Currency released a…
Digital businesses that don’t keep their promises to consumers can pay a heavy price if caught by the Federal Trade Commission (FTC). Enforcement actions in cases involving unfair and deceptive…
Artificial intelligence glasses such as Ray-Ban Meta can film people around the wearer, often without those people knowing, and governments are only now deciding what to do about it. Norway…
