Jack Ma reportedly visits school in Hangzhou after year's absence from mainland China, as regulatory crackdown eases
News regulation
US Rules Bar $52bn Chip Funds From Benefiting China
Proposed rules from US Commerce Department block recipient firms from expanding in China or engaging in joint research and development
China Approves More Imported Games As Crackdown Eases
Chinese game regulator approves 27 foreign games for domestic release in latest sign that crackdown on gaming industry is easing
Taiwan Financial Regulator ‘To Oversee Crypto’
Head of main Taiwan financial regulator FSC says body will be responsible for crypto industry, as island tightens controls
Bitcoin Surges Above $28,000 Amidst Banking Turmoil
Biggest cryptocurrency Bitcoin surges to nine-month high after central banks liquidity measures in response to banking sector turmoil
India ‘Considers’ Mandatory Smartphone Security Screening
India government reportedly considers making preinstalled apps removable and mandatory security screening of major operating system updates
Canada Launches Latest TikTok Data Privacy Probe
Canada federal, provincial governments to probe whether TikTok complies with prvacy law after app banned on EU Commission, Council devices
Binance Stablecoin Company ‘In Talks’ With US SEC
Paxos, company behind Binance USD, reportedly in 'constructive' talks with US SEC as regulators tighten focus on crypto companies
Microsoft Meets With EU Regulators Over Activision-Blizzard Deal
Microsoft, Sony meet with EU regulators as $69bn deal faces headwinds from regulators in US and UK over competition concerns
China Overhauls Overseas, Domestic IPO Rules
China introduces major overhaul of rules governing IPOs on mainland and overseas exchanges, following years-long crackdown
Huobi, OKX To Apply For Hong Kong Crypto Licences
Major crypto exchanges Huobi Global and OKX to apply for licences under new Hong Kong regulatory regime aimed at turning city into crypto hub
New York Regulator Orders Shutdown Of Major Stablecoin
New York regulator orders Paxos Trust to stop issuing third-biggest stablecoin Binance USD, as authorities crack down on crypto industry
Italian Regulator Bans AI Chatbot Replika Over Data Concerns
Italian data protection regulator says Replika chatbot poses risks to minors after users complain of sexually charged responses
Regulator Warns Over Surveillance Oversight As System ‘Simplified’
Biometrics and Surveillance Camera Commissioner warns government plans would reduce oversight of key surveillance technologies
Court Approves Lawsuit Against Meta In Kenya
Labour court in Kenya says Facebook parent Meta can be sued in the country by content moderator citing psychological harm
UK Government Details Plan To Regulate Crypto, Post FTX
HM Treasury reveals 'ambitious plans' to protect consumer and businesses by 'robustly regulating cryptoasset activities'
US Justice Department Requests Tesla Self-Driving Documents
Tesla says US Justice Department has requested document related to Autopilot and 'Full Self-Driving' systems amidst regulatory scrutiny
TikTok Chief Chew To Testify Before US Congress
TikTok chief executive Shou Zi Chew to testify before US House of Representatives in March as lawmakers consider national app ban
Council Of Europe Warns Over Data Protection Rights
Council of Europe warns 'bleak' international picture invites erosion of human rights including data protection, amidst consumer concerns
EU Lawmakers Approve ‘Prohibitive’ Crypto Rules
European Union lawmakers vote to approve draft law that includes 'prohibitive' restrictions for banks holding crypto assets
Ofcom Opens Probe Into BT Customer Contracts
Telecoms regulator Ofcom to investigate BT and subsidiaries EE and Plusnet over potential lack of clarity in customer contracts
German Regulator Opens PayPal Competition Probe
Germany's Federal Cartel Office opens investigation into PayPal Europe over concerns company is blocking competition
Jack Ma Prepares To Cede Control Of Ant Group
Chinese billionaire Jack Ma to cede control of fintech giant Ant Group in move to end long period of regulatory limbo
Google ‘Developing Free Moderation Tool’ For Smaller Sites
Google subsidiary Jigsaw developing free tool to help smaller websites identify and remove extremist materials, as new content laws take effect
South Korea Fines Tesla £1.8m Over Cold Weather Range Loss
Tesla fined £1.8m in South Korea for failing to inform consumers its electric cars lose significant range in freezing weather
Amazon Seals Antitrust Deal With EU Regulator
European Commission accepts Amazon commitments to avoid fine in two antitrust cases, as new laws due to come into force
Binance.US To Acquire Assets Of Voyager Digital For $1bn
Binance US subsidiary to pay $1bn for assets of bankrupt crypto exchange Voyager Digital as crypto turmoil continues
HM Treasury Finalising Crypto Industry Rules – Report
UK's Treasury is reportedly finalising sweeping new powers for Financial Conduct Authority to properly regulate the cryptocurrency industry
New Zealand To Force Meta, Google To Pay For News
New Zealand law would require Meta, Google and others to pay for news they carry, after similar rules in Australia and Canada
Amazon ‘May Reach EU Antitrust Deal By Year End’
Amazon reportedly set to reach antitrust settlement with European Commission before end of year after it offers more concessions