Today in TechREG, three European Union supervisory authorities, including the banking and financial markets authorities, advocated for amending sectoral laws to include more powers to strip companies’ authorizations for serious breaches of anti-money laundering (AML) violations. In the U.S., the California Department of Financial Protection...
New York Federal Reserve President John Williams said developing digital currency and payment technology could impact how the Fed works with monetary policy and does its balance sheet, Reuters wrote Wednesday (June 1). Get the Full Story Complete the form to unlock this article and...
The California Privacy Protection Agency unveiled a preliminary draft of its proposed privacy regulation on May 27, hidden in the announcement of its next public meeting on June 8. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Amazon said in a Wednesday (June 1) blog post that an antitrust bill making its way through Congress that bans tech giants from giving their own businesses preferential treatment on their own websites unfairly targets the online retailer, explaining it goes easier on some of...
Sen. Sherrod Brown, the chairman of the Senate Banking Committee, said in a letter to Wells Fargo CEO Charles Scharf that the bank has failed to repair its government and risk management problems. Get the Full Story Complete the form to unlock this article and...
Today in TechREG, the U.S. Supreme court has temporarily blocked a Texas law that prohibits online platforms from suppressing user posts based on their political views. Until pending litigation on the merits of the case is resolved, social media companies can continue exercising content moderation...
Social media firms like Facebook or Twitter have obtained an important court victory after the U.S. Supreme Court issued a ruling suspending a Texas law that aims to prohibit online platforms from suppressing user posts based on their political views. Get the Full Story Complete...
Today in TechREG, a group of European Union lawmakers informed Parliament about their visit to Silicon Valley highlighting the positive feedback from Big Tech to the new EU regulation but raising questions about future compliance. In the U.S., Big Tech companies may need to deal...
Google, Meta, TikTok and other companies in the online advertising industry may face a new regulatory landscape in the United Kingdom as a result of new legislation, the creation of a new regulator and even enforcement actions. Get the Full Story Complete the form to...