US Treasury Initiates Public Consultation on Stablecoin Regulation The US Treasury has taken a significant step towards regulating stablecoins by initiating a public consultation process. This move comes in the wake of increasing concerns surrounding the use and impact of stablecoins in the financial market. The Treasury’s decision to seek public comments on the new […]
Google hit with $3.5 billion EU fine
Google Hit with $3.5 Billion EU Fine: The Second Largest Antitrust Penalty After 2018 Case In the ever-evolving landscape of antitrust regulations, tech giant Google has once again found itself in the crosshairs of the European Union. This time, the EU has slapped Google with a hefty $3.5 billion fine, marking it as the second […]
CNIL fines Google and SHEIN in ongoing cookie compliance crackdown
CNIL Fines Google and SHEIN in Ongoing Cookie Compliance Crackdown France’s CNIL (Commission Nationale de l’Informatique et des Libertés) has once again made headlines by levying fines against tech giant Google and popular online retailer SHEIN. This move comes as part of the CNIL’s relentless efforts to enforce digital compliance regulations, particularly focusing on the […]
CJEU confirms Zalando’s status as very large online platform under DSA
CJEU Upholds Zalando’s Designation as Very Large Online Platform Under DSA The Court of Justice of the European Union (CJEU) recently made a significant decision regarding Zalando, one of Europe’s leading e-commerce platforms. The CJEU upheld the European Commission’s designation of Zalando as a very large online platform, affirming that the company must adhere to […]
Trendy Sunscreen Gets Burned by Regulators
Trendy Sunscreen Gets Burned by Regulators In the realm of skincare, sunscreen is a non-negotiable essential. It’s not just a seasonal product; it’s a year-round necessity to protect our skin from the harmful effects of UV rays. With the rise of trendy sunscreen startups flooding the market, promising innovative formulas and stylish packaging, consumers have […]
Musk and OpenAI CEO Altman clash over Apple and X
Regulatory Scrutiny Intensifies as Musk and OpenAI CEO Clash Over Apple and X The tech world is no stranger to feuds and controversies, but when two prominent figures clash over the future of AI, the stakes are higher than ever. Recently, Tesla CEO Elon Musk and OpenAI CEO Sam Altman found themselves at odds over […]
Italian Regulator Fines Giorgio Armani €3.5 Million for Unfair Commercial Practices
Italian Regulator Slaps Giorgio Armani with €3.5 Million Fine for Unfair Commercial Practices Italian luxury fashion powerhouse Giorgio Armani has found itself in hot water as the Italian antitrust regulator imposed a hefty fine of €3.5 million. The regulatory body cited that the fashion group, along with one of its units, had been engaging in […]
EU sends warning to crypto platforms over AML risks
EU Cracks Down on Crypto Platforms: AML Risks Must Be Addressed The European Union is tightening its grip on the cryptocurrency industry, sending a clear message to crypto platforms about the importance of combating money laundering and terrorist financing. In a recent move, the EU announced that crypto firms will be mandated to block anonymous […]
Iran enforces crypto exchange curfew after Nobitex breach
Iran Enforces Crypto Exchange Curfew After Nobitex Breach Iran recently made headlines in the cryptocurrency world by imposing a new set of regulations on its crypto exchanges following a security breach at Nobitex. The breach has raised concerns about the vulnerability of digital assets and the need for stricter measures to safeguard investors’ funds. In […]
Coinbase hit by breach and SEC probe ahead of S&P 500 entry
Coinbase Hit by Breach and SEC Probe Ahead of S&P 500 Entry Coinbase, the leading cryptocurrency exchange platform, has recently found itself in the eye of the storm as it faces the aftermath of a significant breach and a looming investigation by the U.S. Securities and Exchange Commission (SEC). This turbulent period comes at a […]