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U.S. Regulations to Consider When Managing a Cryptocurrency Fund

Perficient

For those wanting to start their own cryptocurrency fund, it’s important to be well informed about cryptocurrency regulations. Regulatory cryptocurrency regulations are most fluid at the state level. State Regulations. SEC Regulation. Central Bank Digital Currency (CBDC) ).

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Uber Gets Fined By UK, Dutch Regulators For 2016 Data Breach

PYMNTS

and Dutch regulators on Tuesday (Nov. 27) for the data breach in 2016 that impacted millions of users. The fines stem from a data breach in 2016 in which the names, mobile phone numbers and email addresses of 57 million users around the globe were compromised. regulators. Uber was hit with a fine by U.K. Of those, 2.7

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Uber Faces Fine From France For 2016 Data Breach

PYMNTS

20) that it fined Uber $460,000 over its 2016 data breach that exposed the data on 57 million customers and drivers across the world. According to a report in Moneycontrol.com , the French Data Protection Authority said the data breach could have been prevented by implementing “certain elementary security measures.”

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Things worth reading: 25th August 2016

Chris Skinner

Things we’re reading today include … U.S. Things we’re reading today include … U.S.

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Federal Reserve Changes Derivative Netting Rules

Perficient

The final rule amends Regulation EE (Financial Institution Netting) to apply FDICIA netting provisions to certain new entities including swap dealers. The Federal Reserve is now expanding the definition of financial institutions to include: swap dealers and security-based swap dealers; 1. What is a Financial Institution?

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Ether In The Crosshairs Of Regulators

PYMNTS

Regulators in the U.S. are considering the regulation of digital tokens outside bitcoin. The Wall Street Journal reported that the inquiry is focused on the cryptocurrency Ethereum, which hasn’t been in the crosshairs of regulators as of yet.

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B2B Pay Pursues Status As Regulated Bank

PYMNTS

B2B payments and international money transfer company B2B Pay has announced plans to become a regulated financial institution, and is looking to investors to fuel its growth. In 2016 U.K. to develop a solution for financial institutions to facilitate secure B2B payments for large-value, cross-border transactions.