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Bitpanda, OKX, Crypto.com Acquire Licences in EU as MiCA Laws Attracts Web3 to Region
Crypto exchanges OKX and BitPanda have secured licences in the EU region, making their operations legally compliant in 30 countries that comprises the European Economic Area (EEA). While OKX has received its licence in Malta, Bitpanda bagged its MiCA licence in Germany.
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Intelligence Analysis Firm i2 Group Partners Chainalysis to Upgrade Software With Blockchain Technology
i2 Group has partnered with blockchain data firm Chainalysis to integrate blockchain to its link analysis platform, named Analyst’s Notebook. Chainalysis said this will allow cybersecurity experts using the Analyst’s Notebook to gather detailed insights on suspicious crypto-related activities.
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Andrew Tate Faces Legal Action Over Posts About UK Lawmaker
Controversial influencer Andrew Tate is facing legal action by UK lawmaker Sorcha Eastwood over insulting social media postings about her, a law firm said on Tuesday.
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Over 700 Young Workers Sue McDonald's UK, Allege Harassment, Racism
More than 700 young workers are suing McDonald's UK after widespread harassment claims were exposed in the media in 2023, law firm Leigh Day said on Tuesday.
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TikTok Ban: US Appeals Court Upholds Law Forcing Its Sale Ahead of Deadline
A US federal appeals court has upheld a law requiring ByteDance to divest its popular short video app TikTok in the US by early 2025, ahead of an upcoming deadline. The decision from the appeals court increases the chances that TikTok will face an unprecedented ban in six weeks, that could cut off access to the service for 170 million users in the ...
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Flipkart, Amazon Executives To Be Summoned Over Alleged Forex Violations: Report
India's financial crime agency will summon Flipkart and Amazon executives as it steps up an investigation into alleged foreign investment law violations, days after raiding some of the e-commerce firms' sellers, a government source told Reuters.
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Indian Firms Sanctioned By US Not In Violation Of National Laws: Centre
The Ministry of External Affairs (MEA) on Saturday reacted to the recent US sanctions imposed on several Indian firms and nationals, with a spokesperson stating that Indian companies have not violated any national laws.
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Top Court Reverses Tribunal Order On Byju's- BCCI Rs 158 Crore Settlement
The Supreme Court on Wednesday set aside National Company Law Appellate Tribunal's verdict that had stopped insolvency proceedings against embattled ed-tech firm Byju's.
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Crypto-Friendly Dubai Issues Cease-and-Desist Orders Against Seven Entities, Here’s Why
Dubai is now identifying illegal crypto entities operating within its region. VARA released a statement on the situation this week, claiming that this move is aimed at strengthening its enforcement programme against law evaders. The authority, however, has not disclosed the names of the entities in question.
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Student Awarded Rs 5 Crore After Landlord Empties Apartment Despite Rent Being Paid
Under South Carolina law, the real estate firm is required to pay two years' interest at 8% on the awarded amount.
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Fighting Brazil Ban, Elon Musk's X Names Legal Representative
Brazilian law requires foreign companies to name a legal representative to operate in the country. The representative would assume the legal responsibilities for the firm locally.
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Samsung, Xiaomi Accused Of Collusion With Amazon, Flipkart: Report
Samsung, Xiaomi and other smartphone companies colluded with Amazon and Walmart's Flipkart to exclusively launch products on the e-commerce firms' Indian websites in breach of antitrust laws, according to regulatory reports seen by Reuters.
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Elon Musk Calls Australian Government 'Fascists' Over New Misinformation Law
Elon Musk, owner of social media platform X, on Friday called Australia's centre-left government "fascists" over proposed legislation to slap fines on social media firms for failing to prevent the spread of misinformation online.
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UK Says 90 Percent Crypto Firms Applying for Licence Lacks Money Laundering, Fraud Precautions
A recent report by the UK Financial Conduct Authority (FCA) has said that they have rejected 90 percent of the registration applications of crypto firms in recent times. Inconsistencies with security measures against frauds and money laundering activities have emerged among top reasons for licence rejection.
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NCLT Approves Merger of Viacom 18, Star India After CCI Nod
The National Company Law Tribunal (NCLT) on Friday approved a merger scheme that will allow Viacom 18 Media with Star India. The merger of Reliance Industries and The Walt Disney Co's media assets was approved earlier this week by the Competition Commission of India and will create the country's largest media empire.
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Bitpanda, OKX, Crypto.com Acquire Licences in EU as MiCA Laws Attracts Web3 to Region
Crypto exchanges OKX and BitPanda have secured licences in the EU region, making their operations legally compliant in 30 countries that comprises the European Economic Area (EEA). While OKX has received its licence in Malta, Bitpanda bagged its MiCA licence in Germany.
-
Intelligence Analysis Firm i2 Group Partners Chainalysis to Upgrade Software With Blockchain Technology
i2 Group has partnered with blockchain data firm Chainalysis to integrate blockchain to its link analysis platform, named Analyst’s Notebook. Chainalysis said this will allow cybersecurity experts using the Analyst’s Notebook to gather detailed insights on suspicious crypto-related activities.
-
Andrew Tate Faces Legal Action Over Posts About UK Lawmaker
Controversial influencer Andrew Tate is facing legal action by UK lawmaker Sorcha Eastwood over insulting social media postings about her, a law firm said on Tuesday.
-
Over 700 Young Workers Sue McDonald's UK, Allege Harassment, Racism
More than 700 young workers are suing McDonald's UK after widespread harassment claims were exposed in the media in 2023, law firm Leigh Day said on Tuesday.
-
TikTok Ban: US Appeals Court Upholds Law Forcing Its Sale Ahead of Deadline
A US federal appeals court has upheld a law requiring ByteDance to divest its popular short video app TikTok in the US by early 2025, ahead of an upcoming deadline. The decision from the appeals court increases the chances that TikTok will face an unprecedented ban in six weeks, that could cut off access to the service for 170 million users in the ...
-
Flipkart, Amazon Executives To Be Summoned Over Alleged Forex Violations: Report
India's financial crime agency will summon Flipkart and Amazon executives as it steps up an investigation into alleged foreign investment law violations, days after raiding some of the e-commerce firms' sellers, a government source told Reuters.
-
Indian Firms Sanctioned By US Not In Violation Of National Laws: Centre
The Ministry of External Affairs (MEA) on Saturday reacted to the recent US sanctions imposed on several Indian firms and nationals, with a spokesperson stating that Indian companies have not violated any national laws.
-
Top Court Reverses Tribunal Order On Byju's- BCCI Rs 158 Crore Settlement
The Supreme Court on Wednesday set aside National Company Law Appellate Tribunal's verdict that had stopped insolvency proceedings against embattled ed-tech firm Byju's.
-
Crypto-Friendly Dubai Issues Cease-and-Desist Orders Against Seven Entities, Here’s Why
Dubai is now identifying illegal crypto entities operating within its region. VARA released a statement on the situation this week, claiming that this move is aimed at strengthening its enforcement programme against law evaders. The authority, however, has not disclosed the names of the entities in question.
-
Student Awarded Rs 5 Crore After Landlord Empties Apartment Despite Rent Being Paid
Under South Carolina law, the real estate firm is required to pay two years' interest at 8% on the awarded amount.
-
Fighting Brazil Ban, Elon Musk's X Names Legal Representative
Brazilian law requires foreign companies to name a legal representative to operate in the country. The representative would assume the legal responsibilities for the firm locally.
-
Samsung, Xiaomi Accused Of Collusion With Amazon, Flipkart: Report
Samsung, Xiaomi and other smartphone companies colluded with Amazon and Walmart's Flipkart to exclusively launch products on the e-commerce firms' Indian websites in breach of antitrust laws, according to regulatory reports seen by Reuters.
-
Elon Musk Calls Australian Government 'Fascists' Over New Misinformation Law
Elon Musk, owner of social media platform X, on Friday called Australia's centre-left government "fascists" over proposed legislation to slap fines on social media firms for failing to prevent the spread of misinformation online.
-
UK Says 90 Percent Crypto Firms Applying for Licence Lacks Money Laundering, Fraud Precautions
A recent report by the UK Financial Conduct Authority (FCA) has said that they have rejected 90 percent of the registration applications of crypto firms in recent times. Inconsistencies with security measures against frauds and money laundering activities have emerged among top reasons for licence rejection.
-
NCLT Approves Merger of Viacom 18, Star India After CCI Nod
The National Company Law Tribunal (NCLT) on Friday approved a merger scheme that will allow Viacom 18 Media with Star India. The merger of Reliance Industries and The Walt Disney Co's media assets was approved earlier this week by the Competition Commission of India and will create the country's largest media empire.
