Category: Legal & Regulatory Compliance

Italy demands answers from Chinese AI firm DeepSeek on data use

Italy Demands Answers from Chinese AI Firm DeepSeek on Data Use Italy has recently raised concerns and demanded transparency from the Chinese AI firm DeepSeek regarding its data usage practices. This demand comes in the wake of DeepSeek’s soaring popularity, surpassing even ChatGPT in the competitive US App Store. While the app’s success is undeniable, […]

Crypto.com removing Tether for EU users as MiCA rules take effect

Crypto.com Removes Tether for EU Users as MiCA Rules Take Effect Crypto.com, a leading cryptocurrency exchange platform, has recently announced a significant change for its EU users in response to the Markets in Crypto-Assets (MiCA) regulations coming into effect. As per the new guidelines, Crypto.com will be removing Tether (USDT) from its list of supported […]

Italian data protection authority launches investigation into DeepSeek AI over privacy concerns

Italian Data Protection Authority Investigates DeepSeek AI Amid Privacy Concerns The Italian Data Protection Authority has recently set its sights on DeepSeek, an artificial intelligence company, citing worries about potential threats to the personal information of millions of Italian citizens. This move comes as part of the Authority’s broader efforts to ensure the protection of […]

Kraken’s major defence dismissed in SEC lawsuit

Kraken’s Major Defense Dismissed in SEC Lawsuit The Securities and Exchange Commission (SEC) recently made a significant ruling in its lawsuit against Kraken, a well-known cryptocurrency exchange. The ruling involved the dismissal of a major defense put forth by Kraken in response to the SEC’s allegations. This development is part of the SEC’s broader efforts […]

EU completes probe into X, decision on major fine imminent

EU Wraps Up Investigation into X, Anticipates Imposing Major Fine European authorities have recently concluded their thorough investigation into X, a move that is expected to culminate in the imposition of a substantial fine. The scrutiny by the European Union underscores the organization’s commitment to upholding regulations and ensuring fair competition within the market. The […]

UK government shakes up CMA leadership

UK Government Shakes Up CMA Leadership The UK government has made a strategic decision to shake up the leadership of the Competition and Markets Authority (CMA) in a bid to align the regulatory body with a growth agenda. This move marks a significant shift in the approach towards competition and market regulation in the country. […]

Trump pauses TikTok ban, raising legal and political tensions

Trump Pauses TikTok Ban: Legal and Political Tensions Rise In a move that has sparked both relief and concern, President Trump recently announced a pause on the ban of TikTok in the United States. This decision comes amidst escalating legal and political tensions surrounding the popular social media platform, with service providers now facing unprecedented […]

Robinhood launches crypto trading in Spain

Robinhood Launches Crypto Trading in Spain: A Game-Changer for the Spanish Market In a strategic move that is set to revolutionize the Spanish financial landscape, Robinhood has recently announced the launch of its cryptocurrency trading services in Spain. This development comes hot on the heels of the European Union’s introduction of the Markets in Crypto-Assets […]

EU Plans Ban on ‘Forever Chemicals’ in Consumer Products

EU Takes Bold Step Towards Protecting Consumers: Plans Ban on ‘Forever Chemicals’ in Products In a groundbreaking move towards ensuring the safety and well-being of consumers, the European Union has announced plans to ban the use of ‘forever chemicals’ in various consumer products. These chemicals, scientifically known as per- and polyfluoroalkyl substances (PFAS), have been […]

Zuckerberg defends AI training as copyright dispute deepens

Zuckerberg Defends AI Training Amid Copyright Dispute In the ever-evolving landscape of artificial intelligence (AI) development, controversies often arise regarding the methods and sources used to train AI models. Recently, Meta, the parent company of Facebook, found itself embroiled in a legal battle as a lawsuit alleged that the tech giant relied on LibGen, a […]

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