Search result for regulation
In light of new trade regulations, Democrats warn that large technology companies might circumvent competition policies.
In a letter to Biden administration officials, a group of Democratic legislators warned that if the tech industry prevails in trade negotiations over an Indo-Pacific framework, U.S. regulators may be restricted in their ability to regulate some of the nation's largest companies.
Tec...
Japan is reconsidering deadly weapon exports by modifying tight regulations
According to a government source, Japan is considering exporting lethal weapons by altering its tight limits on the transfer of defense equipment under its postwar pacifist Constitution.
According to the source, one of the proposals being discussed is that the government will allow such...
EU Requires Speed-Limiters
The European Commission has only just just approved certain brand new legislation that mandate that incorporation of intelligent speed good works into all cars that really are freshly constructed. The laws are effective immediately. The European Parliament approved these measures and ratified the...
The Albanese Government has a chance to improve Australia's chemical regulation
Emissions Analytics recently discovered that car tyres emit more ultrafine particle pollution than exhaust emissions.
This is problematic, given the health implications of ultrafine particles, such as pulmonary inflammation and cancer linkages.
According to Emissions Analytics...
Following the approval of the EU Ship Recycling Regulation, International Shipbreaking in Texas completes its first project
The first ship recycling project for an EU shipowner has been completed at International Shipbreaking in Brownville, Texas, following the stringent criteria of the EU Ship Recycling Regulation.
On January 31, 2022, the 158-meter-long chemical tanker Wolverine, which was formerly sailing...
UAE Announces New Regulations to Support Non-Oil Economy
The first Cabinet meeting of the year in UAE focused on strengthening the country’s economy by easing foreign investment and promoting businesses.
The UAE is well aware of the fact that as the world moves towards cleaner and renewable energy sources, its oil and gas sector that on...
Does the Cryptocurrency Market Require Regulation. Crypto Trading Giant FTX Comes up with Key Principles for Crypto Market Regulation
The human race has used some sort of currency since time immemorial. Starting with simple barter system in which humans exchanged commodities based on their requirements, the currency market has seen substantial developments in the last 50 years. Metals, animal skin, stones, etc., were being used...
EU has put off the Big Tech regulation for too long, says Antitrust Chief
Debates have long been going on to curb the anti-competitive growth of firms like Apple and Google. Large-scale legislation is underway and internal EU politicians are discussing the digital policy, regulations, and competition.
Margreth Vestager, Chief of Antitrust, said that the Europ...
Austria reimposes lockdown as cases soar
Austria has again imposed a lockdown for all and made vaccinations mandatory, as per the announcement made by Chancellor Alexander Schallenberg. Austria is the first country in the EU to take such stringent measures as coronavirus cases increase.
Highlights
China to reconstruct online registration rules for the younger generation
Underage users in China to submit personal details of their guardians for registering into online accounts, under real names. China is now asking its young users to fill in details of their guardians, as the country is looking into mending the rules of registration in online accounts.
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China announces Cryptocurrency trading as illegal: Tokens worth millions liquidated within 24 hours
Highlights
- Recently, China announced all cryptocurrency transactions as illegal
- Crypto coins worth $400 million liquidated within a day
People's Bank of China made crypto trading illegal on Friday, also made it a punish...
JAPAN EXPLORING OPTIONS REGARDING REGULATIONS ON CRYPTOCURRENCY
HIGHLIGHTS
- To oversee ‘decentralized finance’, Japan has set up a new section within the Finance Services Agency (FSA).
- In order to keep vigilance on digital currencies, the Ministry of Financial Affairs is planning to increase its headcou...
NRA SAYS 31 HIGHLY RADIOACTIVE SEDIMENT CONTAINERS EXCEEDED LIFESPANS
Highlights –
- NRA says 31 highly radioactive sediment containers exceeded lifespans.
- TEPCO has said it will start the contents to new containers in August.
- Contaminated water is treated by filtering at a multi-nuclide removal facility ...
CHINA TO MONITOR CHALLENGES FACED BY SMEs
Highlights –
- China to monitor challenges faced by SMEs.
- China will also be permitting foreign investors to open entertainment venues.
- The ministry will step up price monitoring and work together with other government departments. ...
MIHAMA NUCLEAR PLANT TO BEGIN FULL OPERATION ON JUNE
Highlights –
- Mihama nuclear plant to begin full operation on June.
- Kansai Electric Power Co. will load nuclear fuel into the No. 3 unit at the Mihama plant.
- In 2016, Mihama plant was given approval to operate beyond the 40-year limit ...
JAPAN’S NUCLEAR REGULATOR BANS TEPCO FROM RESTARTING ITS PLANT
Highlights –
- Japan’s nuclear regulator bans TEPCO from restarting its plant.
- TEPCO has been barred from transporting nuclear fuel stored at the Kashiwazaki-Kariwa plant in Niigata Prefecture.
- The corrective measure is expected ...
CHINESE REGULATOR MAKES ALIBABA GROUP PAY $2.8 BILLION AS FINE
Highlights –
- Chinese regulator makes Alibaba Group pay $2.8 billion as fine.
- Alibaba Group has been fined for anti-competitive tactics.
- Alibaba accepted the penalty and has said to comply the same with determination.
- Tencen...
JAPAN PASSES BILL TO TIGHTEN REGULATIONS ON FOREIGNERS PURCHASING LAND
Highlights –
- Japan passes bill to tighten regulations on foreigners purchasing land.
- Japan Cabinet approved a bill on the same on Friday.
- The government aims to turn the bill into law during the current Diet session through June. ...
CHINESE ANTITRUST REGULATORS LIKELY TO LEVY ALIBABA GROUP’S ON RECORD FINE
Highlights –
- Chinese antitrust regulator's likely to levy Alibaba Group’s on record fine.
- The fine is likely to surpass $975 million, an amount paid by Qualcomm in 2015.
- Chinese regulators have been stinging criticism on Jac...
INDIAN GOVT. FIRM ON BANNING CRYPTOCURRENCIES
Highlights:
- The Cryptocurrency and Regulation of Official Digital Currency Bill 2021 will be introduced in the budget session
- Investors are likely to be given 6 months to take care of their cryptocurrencies
India's stand on cryptocurrencies remai...