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 […]
Shein to Face EU Consumer Law Probe Under E-Commerce Crackdown
Shein to Face EU Consumer Law Probe Under E-Commerce Crackdown Shein, the ultra-fast-fashion company known for its trendy and affordable clothing, is about to face a significant challenge in the form of a probe by the European Union regarding its compliance with consumer laws. This investigation comes as part of the EU’s broader crackdown on […]
UK competition regulator welcomes Doug Gurr
UK Competition Regulator Welcomes Doug Gurr: A New Era of Leadership Amid Tech Sector Scrutiny The UK competition regulator, the Competition and Markets Authority (CMA), recently welcomed Doug Gurr as its new leader amidst growing scrutiny of the tech sector in the country. Gurr, who previously served as the UK Country Manager for Amazon, brings […]
US trade groups fight new payment app rules
US Trade Groups Challenge New US Rule Extending Regulatory Oversight to Payment Apps Trade groups representing tech giants have recently taken legal action to block a new US rule that extends regulatory oversight to payment apps and digital wallets such as Apple Wallet and Google Pay. The move comes as a response to what they […]
Mexican Cartel Scams Target Timeshare Owners: A Growing Concern
In recent months, a disturbing trend has emerged in the world of timeshare ownership. The Jalisco New Generation Cartel (CJNG) has turned its sights on unsuspecting timeshare owners, particularly older adults, leading to significant financial losses and emotional distress. This issue has raised awareness about the vulnerabilities within the timeshare industry and how easily fraudulent […]
FCC Takes Action on Cybersecurity in the Telecom Sector
The Federal Communications Commission (FCC) is setting new standards for cybersecurity in the telecommunications industry, a significant move aimed at protecting sensitive consumer information and ensuring the resilience of communication infrastructures. As cyber threats continue to escalate, the FCC’s initiative could bring about the most substantial changes the industry has seen in years. Addressing Growing […]
Dutch Regulator Begins Handling DSA Complaints
The Dutch Authority for Consumers and Markets (ACM) has commenced its role in addressing complaints related to the Digital Services Act (DSA). This development marks a significant step in the EU’s broader initiative to regulate online platforms and enhance user rights within a framework designed to protect consumers in the digital space. The DSA was […]