New Regulations in Thailand to Regulate Foreign P2P Crypto Services In a bold move to combat online financial crimes and tighten control over digital asset businesses, the Thai Securities and Exchange Commission (SEC) has recently approved new emergency decrees. These regulations specifically target foreign peer-to-peer (P2P) crypto services operating within the country’s borders. The aim […]
Trump signs resolution to reverse DeFi tax reporting rule
Trump Signs Resolution to Reverse DeFi Tax Reporting Rule In a significant turn of events for the DeFi industry, former President Donald Trump has signed a resolution to reverse the controversial IRS rule that aimed to enforce crypto tax compliance. The rule, which faced intense backlash from the DeFi sector, particularly due to its technical […]
Russian firm urges government to regulate crypto for international trade
Russian Firm Urges Government to Regulate Crypto for International Trade The global economy is facing unprecedented challenges, with ongoing sanctions disrupting international trade flows. In the midst of this turmoil, one Russian firm, ETE Group, is advocating for the regulation of cryptocurrencies as a potential solution to streamline cross-border transactions. By harnessing the power of […]
LMArena tightens rules after Llama 4 incident
LMArena Tightens Rules After Llama 4 Incident In a recent turn of events, LMArena, the leading regulatory body in the field of AI and machine learning, has decided to tighten its rules and regulations following the controversial Llama 4 incident. The incident, which sent shockwaves through the tech community, exposed a glaring loophole in the […]
Elon Musk lets out ‘public battle’ war cry as EU mulls imposing billion dollar fine on X
Elon Musk Rallies Support Against EU’s Potential Billion-Dollar Fine on X European Union regulators are preparing to levy what could be a billion-dollar penalty against X, prompting Elon Musk to take to social media with a rallying cry against what he deems an unjust attack on innovation and progress. The EU’s move comes at a […]
Japan targets Apple and Google with new law
Japan Targets Apple and Google with New Law Japan is taking a significant step in regulating the smartphone software market by implementing a new law that directly affects tech giants like Apple and Google. Starting in December, these industry leaders will be required to rectify market behaviors considered problematic under Japan’s smartphone software competition promotion […]
UK regulator approves BlackRock’s crypto registration
UK Regulator Approves BlackRock’s Crypto Registration In a significant development for the cryptocurrency industry, the UK Financial Conduct Authority (FCA) has granted registration to BlackRock, one of the world’s largest asset managers. This approval places BlackRock in an elite category, as only 14% of crypto-related applications have received the green light from the FCA. BlackRock’s […]
French watchdog fines Apple for abuse of app tracking tool
French Watchdog Fines Apple for Abuse of App Tracking Tool In a recent development, the French competition watchdog has levied a fine against tech giant Apple for its misuse of an app tracking tool. This decision comes on the heels of numerous complaints from online advertisers and publishers, who have accused Apple of leveraging its […]
EU watchdog pushes for strict capital rules on insurers’ crypto holdings
EU Watchdog Proposes Tighter Capital Rules for Insurers’ Crypto Holdings The European Insurance and Occupational Pensions Authority (EIOPA) has recently put forward a bold proposal that could significantly impact insurers’ approach to cryptocurrencies. The proposal suggests imposing stricter capital requirements on insurers for their crypto holdings compared to traditional assets like stocks and real estate. […]
Apple faces EU crackdown over closed technology
Apple Faces EU Crackdown Over Closed Technology In a groundbreaking development aimed at reining in the dominance of Big Tech, the European Commission has taken a decisive step by ordering Apple to open up its closed ecosystem to competitors. This landmark decision has the potential to revolutionize the dynamics of the tech industry, particularly concerning […]