TechREG

Big Tech Escapes California’s Social Media Addiction Bill Again
Big Tech Escapes California’s Social Media Addiction Bill Again
September 03, 2023  |  Regulation

A California bill proposing to hold platforms accountable for social media addiction has died in committee. As Bloomberg News reported Friday (Sept. 1), this marks the second...

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EU’s AI Act Raises Questions Around Who Will Watch the Watchers
EU’s AI Act Raises Questions Around Who Will Watch the Watchers
August 29, 2023  |  artificial intelligence

Lawmakers around the globe are organizing their efforts to tackle artificial intelligence (AI) more aggressively. Both Beijing and Brussels have struck first, although the European...

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Bitstamp Ends U.S. Crypto Staking Due to ‘Regulatory Dynamics’
Bitstamp Ends U.S. Crypto Staking Due to ‘Regulatory Dynamics’
August 24, 2023  |  Cryptocurrency

Bitstamp says the ongoing crackdown on cryptocurrencies has cost its U.S. staking business. Beginning Sept. 25, the Luxembourg-based exchange will no longer offer staking services in...

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Europe’s Startups Stretched as VC Funding Falls 61% in First Half of ’23
Europe’s Startups Stretched as VC Funding Falls 61% in First Half of ’23
August 22, 2023  |  Startups

European startups are reportedly rethinking expansion amid a venture funding drought. As the Wall Street Journal reported Tuesday (Aug. 22), the struggle to find financing has become...

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UK Launches FinTech Fund Backed by Mastercard and Barclays
UK Launches FinTech Fund Backed by Mastercard and Barclays
August 16, 2023  |  Startups

The United Kingdom has taken a significant step to bolster its position as a global FinTech investment hub by launching a £1 billion investment fund,...

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Back-Office Overhaul Critical to Survival in Faster Payments Landscape, Says Form3
Back-Office Overhaul Critical to Survival in Faster Payments Landscape, Says Form3
August 08, 2023  |  Payment Methods

Just a few weeks after launch, FedNow is live. Miriam Sheril, Head of Product, U.S. at Form3, said that the initial interest and embrace by banks just a...

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Report: FTC to Meet with Amazon Ahead of Lawsuit
Report: FTC to Meet with Amazon Ahead of Lawsuit
August 07, 2023  |  Legal

Amazon could face the toughest challenge in its 30-year history as Federal Trade Commission (FTC) officials prepare to file an antitrust lawsuit against the retail giant. Representatives...

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Revolut Self-Shutters US Crypto Business as Coinbase Moves to Dismiss SEC Suit 
Revolut Self-Shutters US Crypto Business as Coinbase Moves to Dismiss SEC Suit 
August 07, 2023  |  Cryptocurrency

It has been a truly humbling past 12 months for the crypto sector. The alternative value-transfer vehicle, which was supposed to revolutionize the traditional financial...

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House Financial Services Chairman Calls for Governance Limits and Clarity for Stablecoins
House Financial Services Chairman Calls for Governance Limits and Clarity for Stablecoins
July 27, 2023  |  Cryptocurrency

House Financial Services Committee (HFSC) Chairman Patrick McHenry aims to reduce the influence of environmental, social and governance (ESG) initiatives in financial markets. In opening remarks for the committee’s markup of the...

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