In a troubling incident that underscores the increasing sophistication of online scams, a Brighton tradesman recently fell victim to a deepfake bitcoin scheme, losing an astounding £75,000. Des Healey, a…
The landscape of digital payments is undergoing significant changes as the U.S. Consumer Financial Protection Bureau (CFPB) implements a new rule aimed at enhancing oversight of major nonbank digital payment…
In a significant move, South Korea’s Fair Trade Commission (FTC) has issued corrective orders affecting two prominent Chinese e-commerce platforms, AliExpress and Temu. This decision, announced recently, addresses an array…
The ongoing turbulence surrounding FTX’s European branch has taken another significant turn. The Cyprus Securities and Exchange Commission (CySEC) has extended the suspension of FTX Europe’s license for an additional…
In a significant ruling that underscores the serious implications of data privacy violations, South Korea’s data protection authority has imposed a fine of 21.62 billion won (approximately $15.67 million) on…
In a significant legal move, seven families in France are suing TikTok, alleging that the platform’s algorithm has exposed their teenage children to dangerous content. Tragically, this exposure is claimed…
The Australian Competition and Consumer Commission (ACCC) has taken a significant step by filing a lawsuit against Optus, a prominent telecommunications provider in the region, accusing the company of ‘unconscionable’…
Chinese online retailer Temu is currently facing scrutiny from the European Union (EU) for potentially failing to curb the sale of illegal products and prevent rogue traders on its platform.…
In recent developments, Taiwan is set to enhance its regulatory framework for crypto exchanges with the upcoming introduction of a registration system. This move, scheduled for implementation on November 30,…
As Australia moves closer to the rollout of its national digital identification system, the Australian Competition and Consumer Commission (ACCC) is set to bolster its cybersecurity capabilities significantly. This initiative…