legal

Common legal phrase. Lawful action, such as an agreement consciously agreed to by two or more entities, establishing lawful accountability. For example, an apartment lease legally binds the lessor and the lessee.

Today in Crypto: UK Think Tank Calls for Global Rules on CBDC; Celsius Hires New Restructuring Lawyers
Today in Crypto: UK Think Tank Calls for Global Rules on CBDC; Celsius Hires New...
July 10, 2022  |  Cryptocurrency

As part of its ongoing investigation, India’s Directorate of Enforcement (ED) is looking into more details regarding foreign exchange violations from crypto firms, according to...

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Twitter Preps for Court Battle With Musk
Twitter Preps for Court Battle With Musk
July 10, 2022  |  Legal

Elon Musk might be headed for a courtroom fight with social media giant Twitter, in the wake of Musk dropping out of his $44 billion...

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Graff Diamonds Sues Insurance for Losses After Paying $7.5M Ransom to Hackers
Graff Diamonds Sues Insurance for Losses After Paying $7.5M Ransom to Hackers
July 06, 2022  |  Legal

Graff Diamonds, a British luxury jeweler, has paid a ransom in bitcoin of $7.5 million to Conti, the Russian hacking gang which leaked data on...

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Today in FinTech: Voyager Goes Bankrupt; Revolut Teams With Stripe; New Probe Into Zelle
Today in FinTech: Voyager Goes Bankrupt; Revolut Teams With Stripe; New Probe Into Zelle
July 06, 2022  |  Technology

In today’s FinTech news, Voyager has filed for Chapter 11 bankruptcy, adding to the mounting turmoil in the overall cryptocurrency ecosystem. Meanwhile, Revolut and Stripe...

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Forever 21 Owner Authentic Brands, Bolt Settle Lawsuit, Make Peace
Forever 21 Owner Authentic Brands, Bolt Settle Lawsuit, Make Peace
July 06, 2022  |  Legal

Forever 21 owner Authentic Brands Group (ABG) and checkout technology firm Bolt said they are continuing their partnership after settling a lawsuit filed by ABG...

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UK Banks Held to Higher Standards as APP Fraud Skyrockets
UK Banks Held to Higher Standards as APP Fraud Skyrockets
July 05, 2022  |  Security & Fraud

Authorized push payments (APP) fraud in the U.K. amounted to £583 million ($706 million) last year as financial fraud in the country increased 39% from...

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FATF: International Crypto AML Framework is Lacking
FATF: International Crypto AML Framework is Lacking
July 01, 2022  |  AML

Too many countries lack legal frameworks to fight the use of cryptocurrency in money laundering or terrorist funding, according to a Paris-based intergovernmental group that...

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PYMNTS AM Radar: Data Collection; Telemed for the Win; Revenge Travel; Mobile Centricity; ICYMI
PYMNTS AM Radar: Data Collection; Telemed for the Win; Revenge Travel; Mobile Centricity; ICYMI
June 30, 2022  |  Connected Economy

Today is Thursday, June 30 and if you work from home, today is your day — it’s National Work from From Home Day, celebrated the...

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Payments Data Caught in Abortion Crosshairs
Payments Data Caught in Abortion Crosshairs
June 30, 2022  |  Data

With the overturning of Roe v. Wade and the illegality of abortion in several states, payments data is now in the crosshairs should prosecutors decide...

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