EU Regulators Urge Scrutiny of Crypto Firms Seeking MiCA Authorization
ESMA warns of risks from global crypto firms seeking partial MiCA authorization while operating offshore, urging rigorous scrutiny and compliance to protect EU consumers.
digital services
How EU DMA and DSA Target Big Tech
The EU’s Digital Services Act and Digital Markets Act aim to regulate Big Tech by enhancing market competitiveness and consumer welfare through stringent content moderation and operational rules.
Digital Services Act one year on
The EU’s Digital Services Act enforcement intensifies with ongoing probes into major platforms like Meta and TikTok, while some member states lag in appointing necessary regulators.
Global E-Commerce Rules Agreed by 80 Countries
Around 80 countries agreed on global digital commerce rules, including e-signatures and online fraud protection, but the U.S. and some others have reservations.
EU Parliament Forms AI Act Monitoring Group
The European Parliament is forming a monitoring group to oversee the AI Act’s implementation, emphasizing transparency and civil society involvement.
Microsoft blames EU regulations for major IT outage
A faulty antivirus update from CrowdStrike caused an IT outage affecting up to 8.5 million Windows devices, with Microsoft blaming a 2009 EU agreement for preventing preventive security measures.
EU Court Upholds TikToks’s Gatekeeper Designation
The EU Court of Justice upheld the designation of ByteDance as a gatekeeper under the Digital Markets Act, reinforcing EU efforts to regulate dominant tech companies.
EU AI Act Published
The EU AI Act, effective August 1, 2024, imposes phased compliance deadlines for AI developers, focusing on transparency, data quality, and ethical standards.
X Faces EU Warning for Failing to Combat Harmful Content
EU regulators warn Elon Musk’s X for failing to combat dangerous content, risking fines up to 6% of revenue if non-compliance continues.
EU Commission slams Apple for holding back AI features to the EU
Apple delays AI features in the EU due to Digital Markets Act concerns, highlighting regulatory challenges and potential anti-competitive issues.