TechREG

How a Stablecoin’s $48B Collapse Rippled Across Crypto
How a Stablecoin’s $48B Collapse Rippled Across Crypto
July 22, 2022  |  Cryptocurrency

A Citi analyst said on July 21 that the contagion from a depegged stablecoin spreading eight- and nine-figure losses through the crypto lending and exchange...

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Africa’s BEAC Could Launch Common Digital Currency
Africa’s BEAC Could Launch Common Digital Currency
July 22, 2022  |  Africa

The Bank of Central African States (BEAC), which serves Cameroon, Gabon, Chad, the Republic of Congo, Equatorial Guinea and the Central African Republic (CAR), could...

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Coinbase’s SEC Petition Opens New Can of Crypto Regulation Worms
Coinbase’s SEC Petition Opens New Can of Crypto Regulation Worms
July 22, 2022  |  Cryptocurrency

The hardest thing to understand about Nasdaq-listed cryptocurrency exchange Coinbase’s new petition asking the U.S. Securities and Exchange Commission to begin writing the rules to...

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CFPB to Seek Feedback on Open Banking Rulemaking in November
CFPB to Seek Feedback on Open Banking Rulemaking in November
July 22, 2022  |  Regulation

Open banking continues to grow and so do regulatory frameworks that aim at fostering its use. In countries like the U.K. or Europe, this process...

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UK Goes for Light Touch AI Regulations; While EU Doubles Down
UK Goes for Light Touch AI Regulations; While EU Doubles Down
July 19, 2022  |  Regulation

The U.K. government on Monday (July 18) presented its plan to regulate artificial intelligence (AI) in the country. Like the European Union, the U.K. adopted...

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EU Lawmakers Agree on Rules to Limit Credit Card Debt, Overdrafts
EU Lawmakers Agree on Rules to Limit Credit Card Debt, Overdrafts
July 14, 2022  |  Regulation

The European Parliament‘s (EP) Internal Market and Consumer Protection Committee almost unanimously approved on Tuesday (July 12) the new EU rules that, according to lawmakers,...

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UK Parliament Asks Visa, Mastercard to Explain Swipe Fees Hike
UK Parliament Asks Visa, Mastercard to Explain Swipe Fees Hike
July 14, 2022  |  Regulation

On Wednesday (July 13), the Treasury Committee at the U.K. Parliament sent letters to Visa and Mastercard requesting them to explain their increases in cross-border...

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Global Regulators Call for Interoperable Stablecoins, CBDCs
Global Regulators Call for Interoperable Stablecoins, CBDCs
July 13, 2022  |  Regulation

The Bank for International Settlements (BIS) and the International Organization of Securities Commissions (IOSCO) published on Wednesday (July 13) their guidance on the application of...

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Today in TechREG: Global Regulators Calls for Interoperable Stablecoins, CBDC; FCA Urges Banks to Treat SMBs Better
Today in TechREG: Global Regulators Calls for Interoperable Stablecoins, CBDC; FCA Urges Banks to Treat...
July 13, 2022  |  Technology

Today in TechReg news, the Bank for International Settlements and the International Organization of Securities Commissions published recommendations for central banks to make stablecoins more...

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