Advancing a Circular Economy with the EU’s Packaging Waste Directive In the quest for sustainable practices, the European Union has been at the forefront, implementing directives that pave the way for a greener future. One such directive that is making waves in the packaging industry is the EU’s Packaging Waste Directive. This directive not only […]
Crypto and trade in focus as EU imposes new sanctions against Russia
Crypto and Trade Take Center Stage as EU Imposes New Sanctions Against Russia The European Union has once again made headlines by imposing new sanctions against Russia, extending the measures to include Belarus. Among the various restrictions put in place, one particular area of focus has been on cryptocurrency wallets and financial services. This move […]
Hims & Hers’ 458% Rally Tested as FDA Undercuts Obesity Sales
Hims & Hers’ 458% Rally Tested as FDA Undercuts Obesity Sales Hims & Hers, the telehealth company that has seen a staggering 458% rally in its stock price, is facing a significant challenge as FDA regulations undercut its weight-loss drug business. This unexpected turn of events has put the company in a tough spot, testing […]
SEC drops investigation into OpenSea
SEC Drops Investigation into OpenSea: A Sign of a Shifting Regulatory Landscape In a recent development that has caught the attention of the cryptocurrency community, the U.S. Securities and Exchange Commission (SEC) has decided to drop its investigation into OpenSea, one of the largest NFT (non-fungible token) marketplaces in the world. This decision comes as […]
Public invited to comment on FTC’s Big Tech probe
Public Invited to Comment on FTC’s Big Tech Probe The Federal Trade Commission (FTC) has been making waves in the tech industry recently by questioning Big Tech companies over potential censorship and legal violations. This move has sparked a significant amount of public interest, leading the FTC to invite comments from the public on this […]
Nigeria demands $81.5 billion from Binance over taxes and currency impact
Nigeria’s Lawsuit Against Binance: Unpacking the $81.5 Billion Demand Nigeria, a country at the forefront of cryptocurrency adoption in Africa, has recently made headlines by filing a lawsuit against the global cryptocurrency exchange, Binance. The lawsuit, brought by Nigeria’s Federal Inland Revenue Service (FIRS), demands a staggering $79.5 billion in damages for alleged economic losses, […]
Kraken prepares for return to the Indian market
Kraken’s Strategic Moves to Re-Enter the Lucrative Indian Market Kraken, a prominent player in the cryptocurrency exchange industry, is gearing up for a significant comeback in the Indian market. This move comes after India’s Financial Intelligence Unit blacklisted Kraken and eight other exchanges due to non-compliance with Anti-Money Laundering (AML) laws. Despite this setback, Kraken […]
Australian kids overlook social media age checks
Australian Kids Overlook Social Media Age Checks A recent report has shed light on a concerning trend in Australia – children are overlooking social media age checks, creating challenges in enforcing age restrictions on these platforms. This issue has come to the forefront at a time when the country is gearing up for upcoming bans […]
Hong Kong explores new virtual asset regulations
Hong Kong’s Strategic Push to Become a Leading Digital Finance Hub Hong Kong is making significant strides in solidifying its position as a premier digital finance hub by exploring new regulations for virtual assets. As the global financial landscape continues to evolve rapidly, the region recognizes the importance of adapting to emerging trends and technologies […]
EU delays AI liability directive due to stalled negotiations
EU Delays AI Liability Directive Due to Stalled Negotiations The European Union’s ambitious plan to establish a liability framework for artificial intelligence (AI) technologies has hit a roadblock. The proposal, which aims to define who is responsible when AI systems malfunction or cause harm, is facing uncertainty amid political debate, leading to delayed negotiations within […]