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Hong Kong-Based HashKey Obtains VASP Licence in Ireland to Comply With EU's AMLD5
The Central Bank of Ireland has granted the licence of a Virtual Asset Service Provider (VASP) to the HashKey exchange, giving it legal permissions to offer a variety of crypto-related services in the country.
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Georgia Signs Into New Law Bill Despite Warnings, EU Thinks Its Queerphobic
The speaker of Georgia's parliament on Thursday signed into law a bill similar to Russian legislation that curbs the rights of LGBTQ people, despite warnings from the EU.
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Meta Will Not Immediately Join EU's AI Pact Ahead Of New Law
Meta Platforms will not immediately join the European Union's AI Pact, a company spokesperson said on Tuesday. The pact is a temporary measure before the bloc's AI Act comes into full
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Qualcomm's Antitrust Fine Confirmed by EU Court With Minor Reduction
Europe's second-highest court upheld an antitrust fine against Qualcomm, reducing it marginally. The fine was levied by the European Commission in 2019, which accused Qualcomm of selling chipsets below cost from 2009 to 2011, to undermine British phone software company Icera.
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Google Loses Fight Against $2.7 Billion EU Antitrust Fine
Google on Tuesday lost its fight against a 2.42 billion euro ($2.7 billion or roughly Rs. 22,673 crore) fine levied by EU antitrust regulators seven years ago. CJEU judges noted that EU law does not sanction the existence of a dominant position, but its abusive exploitation.
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Telegram Founder Arrested: The Global Rise Of Libertarian Chat App
The boss of social media platform Telegram has been arrested in France, accused of allowing the sharing of illegal content.
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Pavel Durov Has "Nothing To Hide", Says Telegram After France Arrest
France held the Russian-born founder of Telegram Pavel Durov in custody for a second day of questioning on Monday over alleged offences related to the popular but controversial messaging app, which insisted he had "nothing to hide".
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Uber Fined $324 Million In Netherlands For Sending Drivers' Data To US
The Dutch data protection watchdog said Monday it hit ride-hailing app Uber with a 290-million-euro ($324 million) fine over the transfer of personal data of European drivers to US servers.
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Apple's Decision to Grant Third-Party Apps Access to NFC Connectivity Could Benefit Crypto Industry
Apple will soon allow third party developers in select EU and some other regions to access the NFC technology on iPhone devices. The development could also benefit crypto companies and associated industries. Circle CEO Jeremy Allaire has said that Apple's NFC feature will enable Web3 wallet makers to allow tap-to-pay transactions.
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Apple Changes App Store Policy in EU After Facing Probe for Breaching Tech Laws
Apple has decided to allow developers to communicate with their customers outside its App Store. The iPhone-maker said developers will now be able to communicate and promote offers that are available anywhere, not just on their own website, from within their app.
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South Korea Implements Legal Framework to Protect Crypto Community Against Financial Risks: All Details
South Korea has deployed a list of rules to be followed by crypto companies. This legal framework is aimed at controlling and eventually curbing the exploit of crypto assets for illicit activities like money laundering and terror financing.
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EU’s MiCA Inspires Nigerian Policy Analyst to Urge for Similar Crypto Legislation: Report
Nigerian policy analyst Obinna Uzoije said in a recent interview that the Economic Community of West African States (ECOWAS) to examine the intricacies of MiCA and how the legal framework has systematically and uniformly been deployed across the EU region.
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Bitcoin Surges Amid EU's MiCA Law Rollout; Altcoins Also See Profits Due to Market Optimism
The overall crypto market cap rose by 3.87 percent in the last 24 hours. Bitcoin and Ether, both managed to see gains on Monday, July 1. Solana, Ripple, Cardano, and Avalanche are some cryptocurrencies that recorded profits. Losses, meanwhile, struck Binance Coin and Leo.
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Explained: EU's Political Dynamics, How Law Are Made, Institutions Interact
Citizens across the European Union are currently voting in the European Parliament elections to choose direct representatives for the supranational legislative body.
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Apple, Google, Amazon Lobby Group Opposes India's EU-Like Antitrust Proposal
A US lobby group representing tech giants Google, Amazon and Apple has asked India to rethink its proposed EU-like competition law, arguing regulations against data use and preferential treatment of partners could raise user costs, a letter shows.
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Hong Kong-Based HashKey Obtains VASP Licence in Ireland to Comply With EU's AMLD5
The Central Bank of Ireland has granted the licence of a Virtual Asset Service Provider (VASP) to the HashKey exchange, giving it legal permissions to offer a variety of crypto-related services in the country.
-
Georgia Signs Into New Law Bill Despite Warnings, EU Thinks Its Queerphobic
The speaker of Georgia's parliament on Thursday signed into law a bill similar to Russian legislation that curbs the rights of LGBTQ people, despite warnings from the EU.
-
Meta Will Not Immediately Join EU's AI Pact Ahead Of New Law
Meta Platforms will not immediately join the European Union's AI Pact, a company spokesperson said on Tuesday. The pact is a temporary measure before the bloc's AI Act comes into full
-
Qualcomm's Antitrust Fine Confirmed by EU Court With Minor Reduction
Europe's second-highest court upheld an antitrust fine against Qualcomm, reducing it marginally. The fine was levied by the European Commission in 2019, which accused Qualcomm of selling chipsets below cost from 2009 to 2011, to undermine British phone software company Icera.
-
Google Loses Fight Against $2.7 Billion EU Antitrust Fine
Google on Tuesday lost its fight against a 2.42 billion euro ($2.7 billion or roughly Rs. 22,673 crore) fine levied by EU antitrust regulators seven years ago. CJEU judges noted that EU law does not sanction the existence of a dominant position, but its abusive exploitation.
-
Telegram Founder Arrested: The Global Rise Of Libertarian Chat App
The boss of social media platform Telegram has been arrested in France, accused of allowing the sharing of illegal content.
-
Pavel Durov Has "Nothing To Hide", Says Telegram After France Arrest
France held the Russian-born founder of Telegram Pavel Durov in custody for a second day of questioning on Monday over alleged offences related to the popular but controversial messaging app, which insisted he had "nothing to hide".
-
Uber Fined $324 Million In Netherlands For Sending Drivers' Data To US
The Dutch data protection watchdog said Monday it hit ride-hailing app Uber with a 290-million-euro ($324 million) fine over the transfer of personal data of European drivers to US servers.
-
Apple's Decision to Grant Third-Party Apps Access to NFC Connectivity Could Benefit Crypto Industry
Apple will soon allow third party developers in select EU and some other regions to access the NFC technology on iPhone devices. The development could also benefit crypto companies and associated industries. Circle CEO Jeremy Allaire has said that Apple's NFC feature will enable Web3 wallet makers to allow tap-to-pay transactions.
-
Apple Changes App Store Policy in EU After Facing Probe for Breaching Tech Laws
Apple has decided to allow developers to communicate with their customers outside its App Store. The iPhone-maker said developers will now be able to communicate and promote offers that are available anywhere, not just on their own website, from within their app.
-
South Korea Implements Legal Framework to Protect Crypto Community Against Financial Risks: All Details
South Korea has deployed a list of rules to be followed by crypto companies. This legal framework is aimed at controlling and eventually curbing the exploit of crypto assets for illicit activities like money laundering and terror financing.
-
EU’s MiCA Inspires Nigerian Policy Analyst to Urge for Similar Crypto Legislation: Report
Nigerian policy analyst Obinna Uzoije said in a recent interview that the Economic Community of West African States (ECOWAS) to examine the intricacies of MiCA and how the legal framework has systematically and uniformly been deployed across the EU region.
-
Bitcoin Surges Amid EU's MiCA Law Rollout; Altcoins Also See Profits Due to Market Optimism
The overall crypto market cap rose by 3.87 percent in the last 24 hours. Bitcoin and Ether, both managed to see gains on Monday, July 1. Solana, Ripple, Cardano, and Avalanche are some cryptocurrencies that recorded profits. Losses, meanwhile, struck Binance Coin and Leo.
-
Explained: EU's Political Dynamics, How Law Are Made, Institutions Interact
Citizens across the European Union are currently voting in the European Parliament elections to choose direct representatives for the supranational legislative body.
-
Apple, Google, Amazon Lobby Group Opposes India's EU-Like Antitrust Proposal
A US lobby group representing tech giants Google, Amazon and Apple has asked India to rethink its proposed EU-like competition law, arguing regulations against data use and preferential treatment of partners could raise user costs, a letter shows.
