TechREG

Data Protection Holds Influential Role In EU Legislative Process, Regional Watchdog Says
Data Protection Holds Influential Role In EU Legislative Process, Regional Watchdog Says
January 28, 2022  |  Regulation

When the European Data Protection Supervisor (EDPS) recommended that the artificial intelligence (AI) act shouldn’t allow AI systems to recognize human features in public places,...

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Open Banking’s Way Forward Involves More Data Sharing, Not Less
Open Banking’s Way Forward Involves More Data Sharing, Not Less
January 26, 2022  |  Digital-First Banking

Despite a slow start in the United Kingdom and much of Europe, open banking is catching on, and this progress will likely accelerate rather than...

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European Payments Council Launches Consultation to Expand EU Direct Payments
European Payments Council Launches Consultation to Expand EU Direct Payments
January 21, 2022  |  International

The European Payments Council (EPC), a nonprofit organization representing payment service providers (PSPs) that promotes the development of the Single Euro Payments Area (SEPA), has...

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SEC, CFTC Coordination May Be the Way Forward for Crypto Regulation
SEC, CFTC Coordination May Be the Way Forward for Crypto Regulation
January 21, 2022  |  Regulation

Calling cryptocurrency the “Wild West” of finance, the U.S. Securities and Exchange Commission (SEC) chairman has said regulating crypto trading platforms is one of the...

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Spain, Singapore Join UK in Crypto Ad Smackdown
Spain, Singapore Join UK in Crypto Ad Smackdown
January 17, 2022  |  Regulation

If you thought the U.K.’s recent spate of cryptocurrency advertising bans was tough, at least it was targeting individual companies’ advertisements, take a look at...

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Open Banking and the Constant Threat of Big Tech
Open Banking and the Constant Threat of Big Tech
January 13, 2022  |  Digital-First Banking

Welcome to the sixth installment of TechREG’s series on open banking. In this series, you’ll find everything you need to know about how banks and...

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China’s Rules on Algorithms are Promising; the Devil is in the Details
China’s Rules on Algorithms are Promising; the Devil is in the Details
January 12, 2022  |  Regulation

China just completed its draft of new rules to regulate how companies use algorithms, which will take effect on March 1. This new law makes...

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Global AI Regulation Could Come in 2022 With Broad Principles
Global AI Regulation Could Come in 2022 With Broad Principles
January 11, 2022  |  artificial intelligence

Artificial intelligence (AI) won’t be easy to regulate and there will be a trial-and-error phase in most countries that attempt it. Still, some regulatory proposals...

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Regulating Crypto Will Drive Innovation if Done Right, Economist Argues
Regulating Crypto Will Drive Innovation if Done Right, Economist Argues
January 04, 2022  |  Cryptocurrency

Too much regulation can kill innovation, but so can too little regulation. That was the core message NYU professor and economist Hanna Halaburda had for...

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