Tag: consumer protection

California updates digital assets bill with new crypto protections

California Strengthens Protections for Digital Assets with Updated Bill California, known for its progressive stance on technology and innovation, has taken a significant step forward in safeguarding digital assets with the recent update to its legislation. The revised bill not only bolsters protections for cryptocurrencies but also imposes restrictions on public officials to prevent conflicts […]

Beauty Clinics in UK Offering Banned Treatments Derived From Human Cells

Beauty Clinics in UK Under Scrutiny for Offering Banned Treatments Derived From Human Cells The beauty industry is no stranger to controversy, especially when it comes to the latest trends and treatments. One such trend that has recently come under scrutiny is the use of exosomes in skincare procedures. Exosomes, tiny particles released by cells, […]

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. […]

India’s banks encouraged to adopt AI for consumer protection

India’s Banks Urged to Embrace AI for Enhanced Consumer Protection In a rapidly digitalizing world, the banking sector is continuously evolving to meet the changing needs and expectations of consumers. In India, where the banking industry received over 10 million complaints last year alone, there is a growing call for the adoption of Artificial Intelligence […]

Apple loses appeal against German regulators

Apple Loses Appeal Against German Regulators Germany’s top court recently delivered a significant blow to tech giant Apple by upholding a decision that classifies the company as having substantial cross-market influence. This ruling exposes Apple to potential regulatory measures aimed at curbing its power within the German market. The classification of Apple as a company […]

GENIUS stablecoin bill moves forward in US Senate

GENIUS Stablecoin Bill Gains Traction in US Senate The world of cryptocurrency is constantly evolving, with new digital assets and technologies emerging almost daily. Amidst this ever-changing landscape, stablecoins have gained significant attention for their potential to revolutionize the way we transact in the digital age. Recently, a groundbreaking development has taken place in the […]

Turkey grants full control of crypto regulation to CMB

Turkey Grants Full Control of Crypto Regulation to CMB Turkey has taken a significant step in the regulation of the cryptocurrency sector by granting full control to the Capital Markets Board (CMB). This move comes as part of the new crypto regulations in the country, which aim to bring more stability and security to the […]

Britain’s CMA sets roadmap for Big Tech regulation

Britain’s CMA Sets Roadmap for Big Tech Regulation In the ever-evolving landscape of technology, the role of regulators becomes increasingly crucial to ensure fair competition and consumer protection. Recently, the Competition and Markets Authority (CMA) in Britain has taken a significant step by setting a clear roadmap for the regulation of Big Tech companies. This […]

Zalando Says Differs From Other Online Platforms, EU Tech Rules Should Not Apply

Zalando: Standing Out Among Online Platforms and Advocating Against EU Tech Regulations Zalando, the European e-commerce giant, has voiced its concerns over the European Union’s tech regulations, specifically the Digital Services Act. The company made a bold statement, asserting that it differs significantly from other online platforms like Amazon and AliExpress, and therefore should not […]

Senate votes to overturn IRS rule on DeFi brokers

Senate Votes to Overturn IRS Rule on DeFi Brokers In a pivotal move that could shape the future of decentralized finance (DeFi) in the United States, the Senate has voted to overturn the IRS rule targeting DeFi brokers. This decision marks a significant milestone in efforts to protect and foster innovation within the rapidly expanding […]

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