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#regulation

15 posts12 participants0 posts today

Yeah, this won't end well...

Via Reuters

U.S. #banking regulators announced on Thursday they were pulling back several documents that urge banks to show caution when dabbling in #cryptocurrency and related activities.
The Federal Reserve said it was withdrawing a pair of supervisory letters stipulating that banks should seek advance approval from regulators before engaging in crypto-asset and stablecoin activities.

Did you know US government agencies must respond to each and every significant comment on a proposed rule change or their proposed rule change can get tossed in court?

Did you know chatGPT deep research mode is really good at coming up with complex, well cited, well argued and difficult to answer comments?

these two unrelated facts are quite interesting. Be ungovernable.

The European Commission has fined #Apple €500m and #Meta €200m for breaking rules on fair competition and user choice, in the first penalties issued under the Digital Markets Act.

A good sign that the #EU is not allowing Trump and Vance to bully it into giving US big tech a pass on #regulation.

theguardian.com/business/2025/

The Guardian · EU fines Apple and Meta for breaching fair competition rulesBy Jennifer Rankin

Easy win for the CFPB over a man who ran a scammy credit-repair business. But nothing is easy these days for the administrative state. Given Jarkesy, is defendant entitled to a jury trial after the CFPB won a default judgment against his business entity?

#law #contracts #CFPB #Fraud #Agencies #Regulation

lawprofessors.typepad.com/cont

Replied in thread

Day 25 cont 💰💰💰💰🏇🏉⚽🏟️

“The #Labor MP #JeromeLaxale has expressed his “disappointment” in the #Albanese government’s #failure to restrict #gambling #ads and called on the party to “honour the legacy” of the late #PetaMurphy if re-elected.

Laxale, a left-faction MP who is trying to hold on to the ultra-marginal New South Wales seat of #Bennelong, said he was “sick of seeing betting odds linked to live sport” and told #voters in his #electorate there was “a strong #reform package coming”.

The Albanese government has not taken changes to #gambling #regulation to this election and has faced sustained criticism from #PublicHealth experts and political pressure for shelving plans to restrict gambling ads, in the face of opposition from #sporting codes and #broadcasters.”

#AusPol <theguardian.com/australia-news>

The Guardian · Labor MP ‘sick of seeing betting odds’ as he airs disappointment at Albanese government’s record on gambling adsBy Henry Belot

U.S. Derivatives Watchdog Weighs 24/7 Action With Crypto Oversight on Horizon - Bitcoin is the crypto sector's top asset and is also universally defined by U.S. regulato... - coindesk.com/policy/2025/04/21 #u.s.commodityfuturestradingcommission #cryptoderivatives #carolined.pham #regulation #policy #news

Caroline Pham, acting chairman of the Commodity Futures Trading Commission, says industry innovation is pushing toward continuous trading. (Jesse Hamilton/CoinDesk)
CoinDesk · U.S. Derivatives Watchdog Weighs 24/7 Action With Crypto Oversight on HorizonBy Jesse Hamilton