Search results for consumer protection
Crypto
Delaware and New Jersey advance bills to ban cryptocurrency ATMs
Delaware and New Jersey have each moved bills to ban cryptocurrency ATMs to the floor of their legislatures. The proposals would prohibit the ownership, installation and operation of crypto ATMs, driven by concerns they are mainly used for fraud. Delaware’s bill would require existing machines to be removed within 90 days if enacted and includes fines and refund requirements. Supporters cite FBI data showing complaints and losses rising in 2025.
Crypto
Nepal crypto trading rises despite ban; IMF urges faster regulation
The International Monetary Fund said crypto-related flows in Nepal have risen sharply despite a legal ban, and urged the country to strengthen oversight and build a regulatory framework. In an annual consultation report, the IMF flagged growing stablecoin and unsecured crypto flows from 2019 to 2024 and estimated significant cross-border activity. It called for rules aligned with international standards and urged Nepal to complete its FATF implementation plan and exit the grey list.
AI & Enterprise
AI security technology surges to counter AI-driven attacks
Security companies are accelerating efforts to counter threats that exploit AI models, with momentum building around agentic AI-based security. Zscaler introduced two security products for AI agents and an AI Access Graph, while Check Point launched agent-based exposure validation. Concerns are rising over a “patch gap” as AI can find vulnerabilities and write attack code within hours. Companies including Rubrik, Samsung SDS and others also announced new products and partnerships.
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Finance
Financial sector overhauls security and consumer protection for AX era
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Crypto
Pressure builds for Clarity Act Senate vote, but prediction markets see August deadline unlikely
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Finance
ELS fines cut to 600 billion won after local elections, financial policy in focus
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Finance
Fintech services face trust crisis after payment errors and double charges
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AI & Enterprise
Woori Bank holds AI competition to seek ideas to prevent financial fraud
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Finance
FSS to train consumer protection specialists with financial holding firms
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People & Appointments
Shinhan Bank launches third cohort of university digital finance education assistants
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Finance
Korea Federation of Banks begins building AI advertising review system
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Finance
IBK Industrial Bank of Korea adopts AI system to detect misselling of investment products
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Crypto
Trump pro-crypto push prompts U.S. SEC, Ripple to call for CLARITY Act passage
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Crypto
Trump says prediction markets fall under CFTC jurisdiction, vows to defend U.S. crypto capital status
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Finance
Toss Bank introduces Help Docs, says wait times cut 60 percent
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Finance
Shinhan Bank launches National Growth Fund sales to link investment to advanced industries
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Crypto
Galaxy secures New York BitLicense to expand institutional crypto services
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Crypto
a16z says CLARITY Act could benefit innovation across U.S., not just crypto