On March 8, 2018, the Bank of Israel (BOI) announced that a memorandum of understanding (MoU) had been signed between itself and the New York State Department of Financial Services (NYSDFS) to...
On March 1, 2018, the Office of the Governor Doug Ducey of the state of Arizona published Executive Order 2018-03, which proclaims the establishment of the Arizona Cybersecurity Team (ACT)....
On March 1, 2018 the Federal Reserve published an announcement that the Secure Payments Task Force will be concluding its efforts this month with a final publication of a collection of educational...
On February 20, 2018 the Department of Justice announced that attorney general Jeff Sessions has ordered the creation of the Cyber-Digital Task Force. The newly-created task force, within the...
The ongoing revamp of the U.S. Consumer Financial Protection Bureau (CFPB) could be good news for fintechs looking to play a bigger role in regulatory discussions, experts have said.
On February 19, 2018 the UK's Financial Conduct Authority (FCA) announced that it had signed a cooperation arrangement on fintech innovation with its US counterpart, the Commodity Futures Trading...
On February 15, 2018, the Financial Crimes Enforcement Network (FinCEN), together with the Office of the Controller of Currency and the U.S. Department of Justice, imposed a civil money penalty of ...
U.S. data protection laws should take their cue from European regulations, industry experts said at a recent hearing in Congress.
On February 13, 2018, the Financial Crimes Enforcement Network (FinCEN) of the U.S. Department of Treasury released a notice of proposed rulemaking (NPRM) which pronounced ABLV Bank of Latvia to be...
Seven influential U.S. state authorities have aligned their licensing processes for money services businesses (MSBs), paving a way out of the current fractured approval process.
On February 7, 2018 the New York State Department of Financial Services (NYDFS) published guidance for virtual currency business entities that are either licensed under 23 NYCRR Part 200 or...
The near future of U.S. virtual currency enforcement is likely to involve greater cooperation between existing agencies before any new laws are proposed, financial regulators have told lawmakers.
On February 2, 2018, Assembly member Clyde Vanel introduced Assembly Bill A9685 to establish a task force to study the impact of a state-issued cryptocurrency on the state of New York....
The U.S. Consumer Financial Protection Bureau (CFPB) has pulled back on enforcement activity after President Trump appointed a new director, but attorneys and regulators say many states have...
The Consumer Finance Protection Bureau's decision to delay, by one year, the implementation of new rules for prepaid cards was met with uncertainty by industry executives and attorneys concerned...
U.S. financial regulatory experts have appealed to lawmakers to create a federal money transmission license, warning that the current patchwork of state regimes has stunted the growth of the...

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