United Kingdom

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Wirex, the London-based cryptocurrency exchange platform, has withdrawn its application for a license from the United Kingdom’s Financial Conduct Authority (FCA), CoinDesk.com reported Monday (March...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  |  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  |  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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Klarna Launches Rewards, Pay Now in UK
Klarna Launches Rewards, Pay Now in UK
February 22, 2022  |  BNPL

Klarna is introducing its rewards program and Pay Now option to customers in the U.K. as part of an upcoming expansion plan to nine new...

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