European Commission

Science & Technology

Meta Faces EU Charges Over ‘Pay or Consent’ Policy

EU regulators believe Meta may leave its users no other viable option but to allow tracking their personal data for advertising purposes with its ‘pay or consent’ policy.

Fintech & Ecommerce

EU Tests Digital Identity Wallet

The European Union is gradually approaching the launch of its digital identification wallet.

Science & Technology

EU Starts Probe Into Meta, Apple and Alphabet

The European Union on Monday, March 25, announced the launch of an investigation into such technology giants as Apple, Alphabet, and Meta.

Fintech & Ecommerce

CFPB and European Commission Start Discussion About Digitization of Finance

Didier Reynders, Commissioner of the European Commission for Justice and Consumer Protection, and Rohit Chopra, Director of the U.S. Consumer Financial Protection Bureau (CFPB), on Monday, July 17, announced the beginning of a dialogue on some issues related to the digitalization of the financial industry.

Fintech & Ecommerce

EC Opens Investigation of Amazon’s Planned Acquisition of iRobot

The European Commission (EC) has announced the launch of an in-depth investigation into the expected acquisition of iRobot by the e-commerce giant Amazon.

News

EU Approves €8 Billion State Subsidies for Chip Research

In the European Union, it was decided to provide state subsidies in the amount of $8 billion to support research projects in the field of semiconductors.

Society & Lifestyle

EU Begins Work on Digital Visas for Schengen Visitors

Negotiations on the creation and subsequent implementation of a digital visa for the Schengen area will soon begin in the European Union.

News

EU Lawmakers Pass More Requirements for Banks Holding Cryptocurrency

EU lawmakers vote to impose limitations and strict capital requirements on banks holding cryptocurrency.

News

EU Tightens Rules for Banks Holding Cryptocurrency

European lawmakers voted on Tuesday that banks must fully cover crypto holdings with capital.