regulation

Regulation is an abstract concept of management of complex systems according to a set of rules and trends. In systems theory, these types of rules exist in various fields of biology and society, but the term has slightly different meanings according to context.

Source: en.wikipedia.org

NY Regulator Warns Firms to Keep Customer Crypto Assets Separated
NY Regulator Warns Firms to Keep Customer Crypto Assets Separated
January 23, 2023  |  Regulation

New York’s financial watchdog is cautioning firms to segregate customers’ cryptocurrency assets from their own. The New York State Department of Financial Services (NYDFS) issued that warning Monday (Jan....

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NYDFS Slaps Cap on Check Cashing Fees
NYDFS Slaps Cap on Check Cashing Fees
January 19, 2023  |  Regulation

Check cashing fees are getting a makeover in New York. New York’s Department of Financial Services said Wednesday (Jan. 18) that it is updating regulations...

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Sen. Wyden: Money Transfer Surveillance Program Larger Than Previously Reported
Sen. Wyden: Money Transfer Surveillance Program Larger Than Previously Reported
January 18, 2023  |  Data

The amount of money transfer data available to law enforcement is larger than previously reported. The database includes 150 million such transfers from the United...

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TikTok Joins Ranks of Tech Firms Facing EU Privacy Crackdown
TikTok Joins Ranks of Tech Firms Facing EU Privacy Crackdown
January 17, 2023  |  Regulation

A five million euro fine for privacy violations welcomes TikTok to an expensive club. It’s not the first time the Chinese company has been fined...

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UK’s 6 Largest Banks Complete Open Banking Roadmap
UK’s 6 Largest Banks Complete Open Banking Roadmap
January 13, 2023  |  Digital-First Banking

The UK’s competition authority has announced the near completion of the country’s open banking roadmap. In a statement released on Thursday (Jan. 12), the Competition and Markets...

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FCA Fines Al Rayan and Guaranty Trust Banks For AML Failures
FCA Fines Al Rayan and Guaranty Trust Banks For AML Failures
January 11, 2023  |  Security & Fraud

The FCA has fined Al Rayan and Guaranty Trust banks over anti-money laundering (AML) failures. In the first penalty, announced by the U.K.’s Financial Conduct Authority on...

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Coinbase $100M Fine Highlights Crypto Industry’s Gaps and US Regulatory Strengths
Coinbase $100M Fine Highlights Crypto Industry’s Gaps and US Regulatory Strengths
January 05, 2023  |  Cryptocurrency

 Recent regulatory action against U.S.-based Coinbase underscores that crypto is reaching a post-FTX inflection point. The pressure is on for the business-as-usual attitude to button...

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SEC: Scammers Promised Investors Funds From Blockchain Worth ‘Trillions’
SEC: Scammers Promised Investors Funds From Blockchain Worth ‘Trillions’
January 05, 2023  |  Security & Fraud

Federal authorities say scammers stole millions of dollars by promising investors access to a blockchain worth trillions. According to the Securities and Exchange Commission (SEC),...

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Regulators’ Stablecoin Warnings Open Door for Digital Dollar, Tokenized Deposits
Regulators’ Stablecoin Warnings Open Door for Digital Dollar, Tokenized Deposits
January 03, 2023  |  Regulation

Warnings on stablecoins from a trio of regulators may cause banks to seek digital alternatives instead. And digital dollars (aka CBDCs) and tokenized deposits issued...

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