EU

The European Union is a political and economic union of 28 member states that are located primarily in Europe. Its members have a combined area of 4,475,757 km² and an estimated total population of about 513 million.

Source: en.wikipedia.org

Google Play Prepares for Digital Markets Act by Allowing Alternative Billing Systems
Google Play Prepares for Digital Markets Act by Allowing Alternative Billing Systems
July 19, 2022  |  Digital Payments

Google has commented on the passing of the Digital Markets Act, which will require Google Play and other industry players to adjust their current operating...

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UK Goes for Light Touch AI Regulations; While EU Doubles Down
UK Goes for Light Touch AI Regulations; While EU Doubles Down
July 19, 2022  |  Regulation

The U.K. government on Monday (July 18) presented its plan to regulate artificial intelligence (AI) in the country. Like the European Union, the U.K. adopted...

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Polish Antitrust Office Alleges Santander, BNP Paribas, 3 Others Broke Rules
Polish Antitrust Office Alleges Santander, BNP Paribas, 3 Others Broke Rules
July 18, 2022  |  ANTITRUST

Poland’s Office of Competition and Consumer Protection (UOKiK), its antimonopoly office, announced Monday (July 18) that it has filed charges against five banks that it...

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How Nordic Payments Megastructure Can Drive Greater Regional Integration, Harmonization
How Nordic Payments Megastructure Can Drive Greater Regional Integration, Harmonization
July 18, 2022  |  Partnerships

From Europe’s first banknotes, issued in Stockholm in 1660, to the Danish government’s world-first abolition of paper bond certificates in 1980, the Nordic countries have...

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BNPL Regs Likely Coming Late 2022 for EU, UK But U.S. Lags Behind
BNPL Regs Likely Coming Late 2022 for EU, UK But U.S. Lags Behind
July 18, 2022  |  BNPL

With approximately $97 billion in buy now pay later transactions last year, the increased popularity of the financial offering has garnered significant regulatory interest around...

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Croatia’s Adopting Euro May Be Silver Lining for Struggling Eurozone Economy
Croatia’s Adopting Euro May Be Silver Lining for Struggling Eurozone Economy
July 14, 2022  |  Europe

Earlier this week (July 12), the European Union Council officially approved Croatia’s entry into the eurozone, setting the stage for the euro currency to become...

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EU Lawmakers Agree on Rules to Limit Credit Card Debt, Overdrafts
EU Lawmakers Agree on Rules to Limit Credit Card Debt, Overdrafts
July 14, 2022  |  Regulation

The European Parliament‘s (EP) Internal Market and Consumer Protection Committee almost unanimously approved on Tuesday (July 12) the new EU rules that, according to lawmakers,...

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Amazon Pitches Deal to Remedy EU Antitrust Charges While Watchdog Seeks Feedback
Amazon Pitches Deal to Remedy EU Antitrust Charges While Watchdog Seeks Feedback
July 14, 2022  |  Amazon

Hoping to settle two European Union (EU) antitrust probes, Amazon offered concessions on Thursday (July 14), including fair treatment to third-party sellers and banning the...

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Crypto Regulation Weekly: BIS Says Crypto Must Fit Into Existing Regulatory Infrastructure
Crypto Regulation Weekly: BIS Says Crypto Must Fit Into Existing Regulatory Infrastructure
July 13, 2022  |  Cryptocurrency

A pair of international regulatory organizations have formally recommended that stablecoins be required to follow all existing international payment, clearing and settlement standards. The Bank...

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