EU

UK’s FCA dismisses criticisms over crypto authorisations

The UK’s FCA rejects criticism over the authorization of cryptocurrencies

Crypto firms are scrutinized by the FCA for their ability to stop their operations being used for money laundering or terrorist financing. Cryptocurrency companies have not been deterred by their failure to obtain licenses to operate in Britain and are making new applications, the Financial Conduct Authority said on Thursday. The FCA has been criticized …

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Amazon may have to tweak proposals for ending business practices probes, EU regulator says

Amazon may have to adjust proposals to end trade practices probe, EU regulator says

In July, the US online retailer said it would set up a data silo to prevent its retail arm from using data from its marketplace to make competing private label products. Amazon may have to adjust its proposals to end two investigations into its business practices, EU antitrust chief Margrethe Vestager said on Friday after …

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This file photo shows, from left, the USB Type-C port, two standard USB ports, and headphone jack on a laptop. (AP)

The EU approves a standard charging port for all phones, tablets and cameras by 2024

On Tuesday, the European Parliament passed an interim agreement on an order to charge ports on consumer gadgets. According to the proposed law, all “small and medium-sized portable electronics” – including cell phones, tablets, cameras and earphones, among others – should use USB-C as a charging device regardless of the manufacturer’s specifications. in autumn 2024. …

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Musk made the comments in a video posted Monday to the Twitter account of Europe’s commissioner for the internal market (Photo: Reuters)

Elon Musk says his Twitter plans are in line with EU new communications rules

Elon Musk said his plans for Twitter Inc. are in line with new European Union rules aimed at forcing social media companies to do more to police illegal content, after his first forum opinion raised concerns among regulators in Europe. Mr. Musk made the remarks in a video posted on Monday to the Twitter account …

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Apple abused dominance in mobile wallets markets according to preliminary EU

Apple violated dominance in the mobile wallet market, in the first EU view

European Union antitrust officials told Apple Inc. to make the first impression that he was abusing his top position in the mobile wallet market. The European Commission has said that by reducing the technology used to pay without the hassle of mobile devices in stores, Apple is limiting competition in the portable wallets market. The …

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