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1025 articles tagged with this keyword

/crypto

Misleading crypto ads to be targeted by UK watchdog

The UK's Advertising Standards Authority (ASA) is set to issue a crackdown on misleading cryptocurrency advertisements.

/people

Moroccan cops nab suspected hacker Dr Hex

Moroccan police have arrested a suspected cybercrook, dubbed 'Dr Hex', accused of a string of phishing, carding and malware campaigns.

/regulation

China central bank closes software firm for crypto trading

A Beijing-based software firm has been closed down by China's central bank because of its suspected involvement with crypto trading.

/crypto

UK cops seize £114m in crypto

UK police have seized £114 million in cryptocurrency as part of a money laundering investigation.

/crypto

Ant Group and Tencent promote their work on digital yuan with PBoC – SCMP

This weekend, the two Chinese fintech giants Ant Group and Tencent prominently displayed posters during the Digital China Summit outlining a “history of cooperation with the PBoC on the digital yuan” according to the South China Morning Post.

/crypto

Turkey arrests dozens as crypto exchange boss flees country

Turkish police have arrested 62 people after the Thodex cryptocurrency exchange stopped letting users access their accounts or withdraw money and its founder fled to Albania.

/regulation

China’s fintechs face an uphill battle with listings - CNBC

Going public in China is proving to be something of an uphill battle for fintechs, and new guidelines released by the China Securities Regulatory Commission (CSRC) are only further complicating the process.

/regulation

Shearman & Sterling: 'Remove the straitjacket of statutory rules' for UK fintech

During a panel for UK Fintech Week 2021, Barnabas Reynolds, global head of financial services group, Shearman & Sterling emphasised that to build trust in the system and allow space for fintech innovation, that the focus of supervisory systems should be on risk and not unnecessary code or control.

/crime

How Curve got back on track after Wirecard fallout

In June 2020, the FCA acted overnight to freeze customer accounts across UK fintech firms including Curve, Pockit, Soldo, Anna Money and Holvi, after Wirecard Card Solution’s (WCS) parent company filed for insolvency in Germany.

/payments

Wise says former Brazil banking partner's fraud allegations are false

Wise (formerly TransferWise) is taking legal measures against its former Brazilian partner MS Bank, which has accused the UK-based fintech of illegally misusing customer data.

/crypto

Ripple and MoneyGram wind down partnership

As it faces up to litigation with the Securities and Exchange Commission, Ripple says its partnership with MoneyGram is over.

/inclusion

Why a cookie-cutter approach to VC and funding hinders diversity

During the ‘Women in FinTech: Reshaping the Industry’ session at Citi’s Digital Money Symposium 2021, the panel tackled thorny issues surrounding securing funding to startups founded by females and those from minority backgrounds.

/payments

Intuit sues Visa and Mastercard over 'price fixing'

Intuit has filed a federal lawsuit against Mastercard and Visa over 'unlawful' price fixing in interchange and card scheme fee structures.

/crypto

MoneyGram suspends Ripple pact over SEC suit

MoneyGram has suspended trading on Ripple's platform over concerns about the latter's litigation with the Securities and Exchange Commission.

/crypto

US charges North Koreans in huge hacking operation

The US Department of Justice has unsealed charged against three North Korean computer programmers it says conspired to steal and extort more than $1.3 billion in cash and cryptocurrency.

/payments

Mastercard consumer claim set for new March hearing

A £14 billion Mastercard consumer damages case is to return to the UK's Competition and Appeals Tribunal for certification next month.

/crypto

Ripple formally responds to SEC lawsuit

Ripple has accused the Securities and Exchange Commission of distorting the facts about the status of its cryptocurrency XRP in its first formal response to a regulatory lawsuit filed in December.

/security

Former NAB staffer jailed over four-year fraud spree

Rosemary Rogers, a former chief of staff to ex-NAB CEO Andrew Thorburn, has been jailed for eight years for taking kickbacks to the value of $5.4 million in return for fraudulently approving false and inflated invoices from a supplier to the bank.

/regulation

Regulatory innovation advances in the face of Covid-19

While Covid-19 may have wreaked havoc across financial services, according to a recent report the pandemic has driven the urgency to prioritise and actively deploy fintech initiatives by regulators.

/regulation

Judge backs PayPal over CFPB in prepaid card case

A US federal judge has sided with PayPal in a lawsuit brought against the Consumer Financial Protection Bureau (CFPB) over recently introduced rules on prepaid cards and digital wallets.