In a Hands-Off Move, the SEC Says Most Crypto Is Not a Security
In a long-awaited announcement, the Securities and Exchange Commission has adopted a largely hands-off approach to regulating cryptocurrency. In coordination with the Commodity Futures Trading Commission (CFTC), the SEC declared that most digital assets will not be considered securities under federal law, including stablecoins and major crypto assets like Bitcoin, Ethereum, and Solana. The SEC […]
New Zealand’s Regulators Expand Open Banking Efforts
Third-party fintech companies have transformed financial services and accelerated the rise of open banking, but their access to sensitive customer data continues to introduce significant risks. While the U.S. has largely allowed industry participants to address these challenges on their own, countries like New Zealand have adopted a more regulatory approach. After instituting open banking […]
The Fate of Agentic Commerce Hinges on an Elusive Resource: Trust
In the past, banks and businesses could build rapport by delighting customers over several interactions. That window has largely disappeared amid the impersonal nature of today’s digital ecosystem—and the growing sophistication of fraud. The surge in fraud and money laundering has prompted many experts to advocate for a return to a zero-trust framework, where every […]