New artificial intelligence (AI) regulations are rolling out around the world. Colorado has become the first U.S. state to regulate AI, aiming to prevent consumer...
On Tuesday (May 21), the California Supreme Court will hear oral arguments in a lawsuit challenging a ballot measure known as Proposition 22. The measure,...
Two Chinese nationals have been charged with leading a scheme to launder proceeds from cryptocurrency investment scams. The indictment, unsealed in the Central District of...
The Thursday (May 16) decision by the Supreme Court to uphold the funding mechanism of the Consumer Financial Protection Bureau (CFPB) has been hailed as a victory for supporters...
The Consumer Financial Protection Bureau sued SoLo Funds, alleging that the online lending platform used “digital dark patterns” to illegally collect fees from borrowers. The lawsuit also alleged that SoLo Funds...
Reading the Thursday (May 16) Supreme Court ruling upholding the constitutionality of the Consumer Financial Protection Bureau’s funding mechanisms — and ensuring the agency’s survival — takes one through centuries of...
The Supreme Court ruled Thursday (May 16) that the Consumer Financial Protection Bureau’s funding mechanism is constitutional. The decision reversed a lower court ruling that threatened the very existence of...
As it prepares to go public, stablecoin issuer Circle is reportedly also planning a move. The company is preparing to transfer its legal base from Ireland to the United...
For the Consumer Financial Protection Bureau (CFPB), the courts have been a hotbed of action, lawsuits, appeals and back-and-forth between lawyers. Almost everything boils down to the decision...