rules

European crypto advocates challenge MICA stablecoin rules

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European crypto advocates challenge MICA stablecoin rules

According to crypto advocacy group Stand With Crypto EU, more than 50,000 Europeans have petitioned the European Commission to relax restrictions on stablecoin rewards as part of a review of the Block Market in Crypto-Assets (MICA) framework. The campaign came as the Commission closed its MICA review consultation on Wednesday, with Stand With Crypto pushing … Read more

Google faces a $463 million fine for violating EU location data rules

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Google faces a 3 million fine for violating EU location data rules

Google has been fined 403 million euros ($463 million) for violating the European Union’s strict data protection rules by improperly processing users’ location data, the bloc’s data protection regulator said on Monday. The Irish Data Protection Commission said its investigation found that Google did not lawfully or fairly process location data in users’ web and … Read more