Tag: consumer protection

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 […]

New US bill aims to curb fraud at cryptocurrency ATMs

New US Bill Aims to Curb Fraud at Cryptocurrency ATMs Cryptocurrency has been a hot topic in the financial world, with its decentralized nature and potential for high returns attracting investors from all walks of life. However, with the rise of cryptocurrency ATMs, there has also been a surge in fraudulent activities targeting unsuspecting consumers. […]

Apple rejects UK plans for mobile browser controls

Apple Criticizes UK Competition Regulator’s Mobile Browser Controls Proposal Apple has recently taken a stand against the UK competition regulator’s proposed regulations concerning mobile browser controls. The tech giant has raised concerns that these measures could potentially hinder innovation within the industry. The Competition and Markets Authority (CMA) in the UK has been pushing for […]

FTC names new technology chief as leadership shifts

FTC Names New Technology Chief as Leadership Shifts Big Tech regulation faces uncertainty as new FTC leadership takes over. The Federal Trade Commission (FTC) has recently undergone a significant change in leadership with the appointment of a new technology chief. This shift comes at a crucial time when the regulation of Big Tech companies is […]

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