Regulatory (163)
Congress Weighs Impact of AI’s Growing Adoption in RegTech Space
- Friday, 20 May 2022
- Regulatory
- Written by FinTech News Brief
Top finance officials expressed great uncertainty about the widespread adoption of artificial intelligence (AI) in the financial services industry at a recent congressional committee meeting focused on “RegTech.”
Read more...CFPB Digs Deep to Protect Fintech Consumers with 'Dormant Authority' Decision
- Thursday, 28 April 2022
- Regulatory
- Written by FinTech News Brief
A U.S. financial regulatory agency is reaching to the bottom of its proverbial handbag to combat problematic nonbank lenders–at least that is what it is saying in light of a recent change in its oversight agenda.
Read more...Chair of Senate Banking Committee Calls Out Fintech Banks for Lack of Regulation, Fraud Concerns
- Friday, 22 April 2022
- Regulatory
- Written by FinTech News Brief
Sen. Sherrod Brown, chairman of the U.S. Senate Committee on Banking, Housing and Urban Affairs, said in a recent interview he is skeptical of neo-banks like Chime since they do not operate under the same rules as legacy banks. So reports Business Insider.
Read more...Powell to Lawmakers: Crypto Regs Could Help Prevent Sanctions Evasion
- Friday, 04 March 2022
- Regulatory
- Written by FinTech News Brief
Fed Chair Pro Tempore Jerome Powell told lawmakers that Russia’s actions in Ukraine underscore the need for strong cryptocurrency regulations. So reports CoinDesk.
Read more...Comptroller Hsu: Regulation, Reserves Can Put the 'Stable' in Stablecoins
- Friday, 21 January 2022
- Regulatory
- Written by FinTech News Brief
Acting Comptroller Michael J. Hsu laid out his plan to ensure the viability of the oft-maligned stablecoin sector, and it predictably includes rigorous oversight and regulation.
Read more...Regulators' 'Policy Sprint' Looks at How to Handle Crypto on Balance Sheets
- Monday, 29 November 2021
- Regulatory
- Written by FinTech News Brief
Federal regulatory agencies released new guidance with respect to the banking industry’s nascent role in managing crypto assets.
Read more...India Parliament Considers Near-full Crypto Ban
- Monday, 29 November 2021
- Regulatory
- Written by FinTech News Brief
India is likely to ban “all but a few private cryptocurrencies” via a newly introduced financial regulation bill. So reports Euronews.
Read more...Congress Mulls Adding Crypto Into 'Anti-abuse' Wash Rule
- Thursday, 16 September 2021
- Regulatory
- Written by FinTech News Brief
The U.S. government is again considering tinkering with crypto classifications, and the potential changes being mulled would have major implications regarding future tax liability should they come to fruition.
Read more...U.S. Government Signals Full Crypto Integration All But Inevitable
- Sunday, 22 August 2021
- Regulatory
- Written by FinTech News Brief Staff
This summer has proven to be a milestone month for fintech and cryptocurrency codification as broad-stroke regulation is being hammered out across the board.
Read more...Elizabeth Warren Warns Crypto is 'Opaque and Volatile'
- Friday, 09 July 2021
- Regulatory
- Written by FinTech News Brief Staff
U.S. Sen. Elizabeth Warren said financial markets and consumers are facing a growing risk due to cryptocurrency’s lack of regulation. So reports Reuters.
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