New federal regulations give some financial institutions (FIs) a tighter deadline for reporting security breaches. The Securities and Exchange Commission (SEC) adopted changes last week that require institutions to notify people whose data was compromised “as soon as practicable, but not later than 30 days”...
PayPal’s new stablecoin offering has caught the attention of regulators. The payments giant said in a regulatory filing Thursday (Nov. 2) that it had received a subpoena from the Security and Exchange Commission’s (SEC) Division of Enforcement that was related to its stablecoin. “The subpoena...
Alphabet, Google’s parent company, has sold off portions of its shares in several publicly traded companies. Among them are the trading platform Robinhood, in which Alphabet sold more than 4.3 million shares, or 90% of its stake in the FinTech, in the period ended June 30,...
Every crypto exchange is violating securities law, says the U.S. Securities and Exchange Commission (SEC). This, as the U.S. regulatory agency goes for the domestic digital asset sector’s throat with a sweeping one-two punch targeting both Binance, the biggest global crypto exchange and Coinbase, the biggest U.S....
May 19, 2024
New federal regulations give some financial institutions (FIs) a tighter deadline for reporting security breaches. The Securities and Exchange Commission (SEC) adopted changes last week that require institutions to notify people whose data was compromised “as soon as practicable, but not later than 30 days” after learning of a breach. The new amendments to SEC’s […]
November 02, 2023
PayPal’s new stablecoin offering has caught the attention of regulators. The payments giant said in a regulatory filing Thursday (Nov. 2) that it had received a subpoena from the Security...
August 04, 2023
Alphabet, Google’s parent company, has sold off portions of its shares in several publicly traded companies. Among them are the trading platform Robinhood, in which Alphabet sold more than 4.3 million...
June 06, 2023
Binance customers withdrew over $778 million amid SEC legal action against the cryptocurrency platform. That’s according to findings by data firm Nansen Tuesday (June 6), one day after the U.S. Securities and Exchange...
