State regulators are stepping into action to regulate earned wage access. But the process is slow and could create a mismatch for providers.
The MiCA Bill was passed in April, bringing with it a possible end to the lack of clarity in European crypto but it's not all plain sailing.
The central bank of Argentina surprised fintechs this month with a crypto ban which forbades neobanks from offering trading services.
Brazil's Minister of Finance criticized "stratospheric" revolving credit card interest rates amid a campaign to push through economic reforms.
These operations had been legally challenged by credit card companies, which currently dominate this type of activity in Chile.
Brazil has established its central bank as the primary regulator of the crypto economy, potentially a first step toward broader regulation.
The SEC's filing against Coinbase was expected, but might be the beginning of the end to their years of crypto regulation avoidance.
This week, Isabelle sat down with Matthew Homer, fromThe Department of XYZ, to talk about navigating the challenging regulatory environment.
Making fintech news this week was Apple, Goldman Sachs, stablecoins, the SEC, MiCA, Coinbase, CFPB, Clerkie, Liberty Bank and more.
A casualty of FTX's "ripples" or another cog in a crypto's poorly regulated CeFi machine that is casting a shadow on the industry?