Politics, Legal & Regulation

September 15, 2025 @ 5:00 pm By JD Alois  |  

The state of Massachusetts filed a lawsuit against prediction market Kalshi last week, alleging the platform was conducting illegal sports betting. Massachusetts Attorney General Andrea Joy Campbell stated that sports wagering comes with significant risk and must be strictly regulated by the state to mitigate… Read More

September 14, 2025 @ 1:27 pm By Omar Faridi  |  

The Federal Trade Commission (FTC) is intensifying its oversight of emerging technologies and persistent financial frauds. The agency has launched a sweeping inquiry into AI chatbots that function as digital companions, while recently securing settlements that permanently ban operators of a notorious student loan forgiveness… Read More

September 14, 2025 @ 10:31 am By Michael Wong  |  

The U.S. Department of Justice announced charges against two men accused of orchestrating a securities fraud scheme that netted over $100 million by targeting American retail investors through manipulation of Ostin Technology Group Co. Ltd. (OST) stock. An indictment unsealed in the Eastern District of… Read More

September 13, 2025 @ 9:11 am By Omar Faridi  |  

The Malta Financial Services Authority (MFSA) continues to demonstrate its commitment to consumer protection, transparency, and innovation. Recent announcements highlight key developments: a thematic review exposing gaps in payment account offerings by financial institutions, and the launch of an academic journal to foster global supervisory… Read More

September 13, 2025 @ 9:11 am By Omar Faridi  |  

Regtech Sumsub has acknowledged the rise of deepfakes as well as AI being used in deceptive ways to target unsuspecting UK consumers. The firm noted in a blog post that after over a month from the Online Safety Act coming into force, websites hosting mature… Read More

September 13, 2025 @ 9:09 am By Omar Faridi  |  

The latest economic insights from KPMG UK highlight growing concerns about the UK and Eurozone economies, as voiced by Yael Selfin, Chief Economist at KPMG UK. In two recent statements, Selfin commented on the UK’s GDP figures and the European Central Bank’s (ECB) latest interest… Read More

September 12, 2025 @ 12:36 pm By JD Alois  |  

Brian Quintenz, a former Commissioner at the Commodity  Futures Trading Commission (CFTC) and Trump nominee to take over the regulator as its new chair, shared an online conversation this week he had with Tyler Winklevoss, founder of Gemini Space Station, a crypto exchange expected to… Read More

September 11, 2025 @ 12:04 pm By JD Alois  |  

The Investor Choice Advocates Network (ICAN) has filed a lawsuit to challenge the current definition of an Accredited Investor. Under current rules, only affluent investors may participate in certain private securities offerings. Typically, the most successful private firms leverage Regulation D (Reg D) to raise… Read More

September 10, 2025 @ 3:12 pm By JD Alois  |  

The UK is cracking down on individuals, known as Finfluencers, promoting certain investment opportunities. According to a release by the Financial Conduct Authority (FCA), three individuals have been charged with one count of communicating an invitation to engage in investment activity which transgresses the Financial… Read More

September 10, 2025 @ 4:26 am By Michael Wong  |  

South Korea’s Financial Services Commission (FSC) said it plans to issue new licenses for platforms that trade fractional investment securities, establishing a legal framework for services that until now operated under a regulatory sandbox. Fractional investment services allow multiple investors to buy shares in ownership… Read More

September 9, 2025 @ 12:01 pm By Nick Morgan  |  

On August 7, President Donald Trump signed an executive order that could fundamentally reshape how retirement savings intersect with entrepreneurship and economic growth. The order aims to democratize access to alternative assets within 401(k) plans, opening the door for everyday Americans to invest retirement dollars… Read More

September 8, 2025 @ 4:09 pm By JD Alois  |  

Privacy concerns are a huge issue in the US and recent years financial regulators have ramped up their monitoring of individual activity. Banks and other financial firms must flag suspicious activity, notify the feds of relatively small transfers and constantly be on guard for bad… Read More

September 7, 2025 @ 11:16 pm By Michael Wong  |  

The U.S. Securities and Exchange Commission and Commodity Futures Trading Commission will hold a joint public roundtable on Sept. 29 to address regulatory clarity for cryptocurrency markets, focusing on decentralized finance protocols, perpetual contracts and other digital asset innovations. The four-hour session at SEC headquarters… Read More

September 7, 2025 @ 8:38 pm By Omar Faridi  |  

The Financial Industry Regulatory Authority (FINRA) has launched an investigation into allegations of misconduct by former executives of Synapse Financial Technologies Inc., a now-defunct fintech company whose collapse earlier this year left thousands of customers unable to access their savings. The regulatory scrutiny centers on… Read More

September 7, 2025 @ 8:19 pm By Omar Faridi  |  

Nasdaq (Nasdaq:NDAQ) is reportedly looking to increase its oversight of companies that seek to bolster their stock prices by raising capital to amass cryptocurrency reserves. This move reflects growing concerns about the speculative nature of such strategies, as some Nasdaq-listed firms increasingly pivot toward digital… Read More

September 7, 2025 @ 11:39 am By Omar Faridi  |  

The Federal Trade Commission (FTC) has recently taken decisive action against deceptive practices in the e-commerce and gig economy sectors, signaling a commitment to protecting consumers and ensuring fair business practices. Three significant cases highlight the agency’s efforts to address violations, ranging from inadequate seller… Read More

September 6, 2025 @ 11:30 am By Michael Wong  |  

French prosecutors said seven people have been indicted and placed in preventive detention over the kidnapping of a young Swiss man whose captors demanded a ransom to be paid in cryptocurrency. The victim, in his 20s, was abducted under undisclosed circumstances on Aug. 28 and… Read More

September 5, 2025 @ 12:10 pm By JD Alois  |  

After years of negligence and obtuse rulemaking, the Securities and Exchange Commission (SEC) has announced a “new day” as the agency refocuses its energy on its job of efficient markets and capital formation. During the Gensler tenure, the Commission sought to alter markets in way… Read More

September 5, 2025 @ 11:59 am By Tony Zerucha  |  

Alchemy Pay, a fiat-crypto payment gateway, has been granted a Money Transmitter License (MTL) in South Carolina. With the inclusion of South Carolina, Alchemy Pay now holds MTLs in  Arkansas, Iowa, Minnesota, New Hampshire, New Mexico, Oklahoma, Oregon, Wyoming, and Arizona. The Money Transmitter License, issued under the authority of the South Carolina Attorney General in accordance with the… Read More

September 3, 2025 @ 1:22 pm By JD Alois  |  

The SEC’s Division of Trading and Markets and the CFTC’s Division of Market Oversight and Division of Clearing and Risk have issued a statement on the joint initiative regarding spot crypto trading. The announcement is associated with the President’s Working Group on Digital Asset Markets… Read More