United Kingdom

EU Content Moderation Rules May Soon Apply to Big Tech

EU Content Moderation Rules May Soon Apply to Big Tech
EU Content Moderation Rules May Soon Apply to Big Tech
March 29, 2022  |  Big Tech

EU antitrust commissioner Margrethe Vestager said on Monday that a deal between EU governments and EU parliamentarians on the Digital Services Act (DSA) might be...

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Crypto Payments Firm Wirex Withdraws from FCA Registry
Crypto Payments Firm Wirex Withdraws from FCA Registry
March 28, 2022  |  Cryptocurrency

Wirex, the London-based cryptocurrency exchange platform, has withdrawn its application for a license from the United Kingdom’s Financial Conduct Authority (FCA), CoinDesk.com reported Monday (March...

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Crypto Promotions in the UK Will Be Harder To Get Approved 
Crypto Promotions in the UK Will Be Harder To Get Approved 
March 24, 2022  |  Cryptocurrency

Advertising cryptocurrencies and other crypto assets in the U.K. has been largely unregulated — like the crypto industry itself — and according to regulators, the...

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UK Payment Regulator Says Card Payments, Open Banking, Big Tech on 2022 Agenda
UK Payment Regulator Says Card Payments, Open Banking, Big Tech on 2022 Agenda
March 23, 2022  |  Legal & Regulation

The U.K. Payment System Regulator (PSR) is a fundamental piece of the regulatory payment landscape in the U.K. It has powers to set standards, impose...

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UK´s Online Safety Bill Comes With Possible Jail Time for Violators
UK´s Online Safety Bill Comes With Possible Jail Time for Violators
March 17, 2022  |  Legal & Regulation

The U.K. government will unveil on Thursday its long-awaited Online Safety Bill, which seeks to curb online harms by significantly increasing the responsibilities of Big...

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UK Crime Agency Calls for Tougher Crypto Regulations
UK Crime Agency Calls for Tougher Crypto Regulations
March 15, 2022  |  Cryptocurrency

The U.K.’s National Crime Agency (NCA) has called for more regulation on cryptocurrency protocols that let digital asset traders mask their transactions, according to published...

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UK, EU Launch Parallel Antitrust Probes Into Google-Meta Ad Deal   
UK, EU Launch Parallel Antitrust Probes Into Google-Meta Ad Deal   
March 11, 2022  |  ANTITRUST

The advertising agreement between Alphabet’s Google and Meta’s Facebook is under investigation in parallel probes launched by the EU’s European Commission (EC) and the U.K.’s...

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Cross-Border B2B Payments Account for 26% of UK and US Firms’ Annual Sales 
Cross-Border B2B Payments Account for 26% of UK and US Firms’ Annual Sales 
March 04, 2022  |  B2B Payments

More and more, business-to-business (B2B) commerce is going online — and going global. The B2B space’s steady trend toward digitization is continuing and has accelerated...

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