TechREG

Stricter Nonbank Oversight Stokes Fears of FinTech Winnowing

Stricter Nonbank Oversight Stokes Fears of FinTech Winnowing
Stricter Nonbank Oversight Stokes Fears of FinTech Winnowing
November 23, 2022  |  Legal & Regulation

Even though nonbanks are just what the name implies, in the eyes of regulators, some say it might be easier to treat them as if...

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Calls For Regulation Intensify as UK Crypto Scams Jump 45%
Calls For Regulation Intensify as UK Crypto Scams Jump 45%
November 23, 2022  |  Cybersecurity

From trading at less than a dollar in its first few years of existence to over $60,000 in late 2021, the story of bitcoin’s meteoric...

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Kenya Eyes Taxes on Crypto, Digital Wallets
Kenya Eyes Taxes on Crypto, Digital Wallets
November 21, 2022  |  Cryptocurrency

With 8.5% of its population now owning cryptocurrencies, Kenya is reportedly considering taxing crypto exchanges, digital wallets and transactions.  Get the Full Story Complete the...

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FTX Bankruptcy Hearing to Start in US Court as Creditors Wait for Answers
FTX Bankruptcy Hearing to Start in US Court as Creditors Wait for Answers
November 21, 2022  |  Cryptocurrency

It has not been a pleasant month for troubled crypto trading platform FTX, which until recently was one of the largest industry players. Get the...

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Australia Mulls Regulating BNPL Like Credit Cards
Australia Mulls Regulating BNPL Like Credit Cards
November 20, 2022  |  BNPL

As countries around the world look to regulate the buy now, pay later (BNPL) sector, Australia is considering rules that would treat the industry the...

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Ex-FDIC Head: People ‘Getting Hurt’ by Lack of Crypto Rules
Ex-FDIC Head: People ‘Getting Hurt’ by Lack of Crypto Rules
November 20, 2022  |  Cryptocurrency

The former head of the Federal Deposit Insurance Corporation (FDIC) has joined a chorus of voices calling for the regulation of cryptocurrency in the wake...

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Rising Deposit Fraud Disrupts FinTechs’ Customer Experience and Vibe 
Rising Deposit Fraud Disrupts FinTechs’ Customer Experience and Vibe 
November 18, 2022  |  Cybersecurity

Fraud is top of mind in tech — especially in payments — and not just because of the collapse of crypto trading firm FTX. Get...

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Sam Bankman-Fried Sold $300M Stake in FTX in October 2021 
Sam Bankman-Fried Sold $300M Stake in FTX in October 2021 
November 18, 2022  |  Cryptocurrency

When FTX raised $420 million from investors in October 2021, $300 million of that amount reportedly went to the cryptocurrency exchange’s then-CEO Sam Bankman-Fried.  Get...

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