regulatory compliance

  • General Data Protection Regulation: A Milestone Of The Digital Age Crunch Network

    General Data Protection Regulation: A Milestone Of The Digital Age

    The conventional wisdom is that the recently agreed-upon General Data Protection Regulation is the most-lobbied piece of legislation in the history of the European Union. I’m not quite sure how you quantify that, but it’s not surprising. This law will likely go down as a milestone of the Digital Age, similar to industry-changing laws like the Clean Water Act or the Clean Air Act… Read More

  • Why Startups Should Leverage Compliance Crunch Network

    Why Startups Should Leverage Compliance

    Business Insider recently reported that “The Clearing House, an advocacy group owned by the world’s largest commercial banks, is gunning for payment startups.” Not surprisingly, the banks don’t enjoy being the only ones told to play by the rules. More to the point, though, forcing Wall Street regulations onto Silicon Valley is their approach to dealing with the threat… Read More

  • PayPal Stops Foreign Charity Donations From Singapore Accounts

    PayPal Stops Foreign Charity Donations From Singapore Accounts

    PayPal phases out donations to foreign non-profits and charities from Singapore accounts starting tomorrow, the 21st of March, and will complete this by the end of the month. This decision is a result of PayPal failing to get a remittance license in the country from the Monetary Authority of Singapore. PayPal was able to offer remittance services over the years, till the governing body issued… Read More