With any nascent payments offering, as consumers embrace new, digital means of transacting and volumes surge, regulations and guidelines take shape. Those rules lay out the responsibilities of various stakeholders — the senders, receivers, financial institutions (FIs), FinTechs and intermediaries. They also govern what happens...
November 18, 2022
FTX’s meltdown and crypto’s whipsaw gyrations continue to shake retail investors, many of whom will be wiped out. Institutional investors are shying away from the space, writing down their FTX investments to zero. Hackers have siphoned hundreds of millions of dollars from the paralyzed exchange. Rob Hunter, deputy general counsel and director of regulatory and […]
October 04, 2022
With any nascent payments offering, as consumers embrace new, digital means of transacting and volumes surge, regulations and guidelines take shape. Those rules lay out the responsibilities of various stakeholders...