Regulators

Chinese Flag

China aims for ‘civilised’ internet with focus on ‘socialist values’

China will step up efforts to promote a “civilised” internet by strengthening oversight over the likes of news sites and online platforms and encouraging them to promot...

Platform News: Binance

Binance removes Singapore products on main platform after regulator’s warning

Embattled Binance, which remains one of the world’s largest cryptocurrency exchanges, said it will restrict its services in Singapore days after the city state’s centra...

Platform News: Binance

Binance can’t be supervised properly, UK financial watchdog says

The world’s biggest crypto exchange Binance is not capable of being supervised properly and poses a significant risk to consumers, Britain’s Financial Conduct Authority...

Google Cloud

For bank regulators, platform giants are now ‘too big to fail’

More than a decade on from the financial crisis, regulators are spooked once again that some companies at the heart of the financial system are too big to fail. But they’re n...

Platform News: Binance

Crypto exchange Binance tightens money-laundering checks as regulatory pressure mounts

Cryptocurrency exchange Binance has said it would demand stricter background checks on customers to bolster efforts against money laundering, with immediate effect, a move that com...

nvidia chipmaker

Nvidia’s $40 billion deal for ARM dealt blow by UK regulator

Nvidia’s $40 billion acquisition of UK-based chip designer ARM hit a major hurdle yesterday after a UK regulator found it could damage competition and weaken rivals, and requ...

Platform News: Baidu search engine in China

Baidu raises $1 billion in ESG bond issue despite China tech sector woes

China’s Baidu has raised $1 billion in a two-tranche, US dollar sustainability bond, its first environment, social and governance (ESG) transaction.

Tencent WeChat

WeChat suspends new user registration for security compliance

WeChat has temporarily suspended registration of new users in mainland China as it undergoes a technical upgrade “to align with relevant laws and regulations”, China...

Tencent Holdings

China regulator bars Tencent from exclusive rights in online music

China’s market regulator on Saturday said it would bar Tencent Holdings Ltd from exclusive music copyright agreements and fined the company for unfair market practices in the...

Platform News: Amazon

US regulator sues Amazon, demands recall of hazardous products

The US Consumer Product Safety Commission (CPSC) has said it has sued Amazon.com to force the retailer to recall hundreds of thousands of hazardous products that it had distributed...

Platform News: Binance

Britain bans Binance’s UK ops in latest cryptocurrency crackdown

The UK’s financial regulator has said Binance, one of the world’s most prominent cryptocurrency exchanges, cannot conduct any regulated activity and issued a warning to...

Platform News: Tech Titans including Facebook, Google, Amazon and Apple

Germans, French and Dutch want more say over tech giants’ start-up deals

Draft rules targeted at Google, Facebook, Amazon and Apple should be beefed up to allow regulators to vet their acquisitions of start-up rivals, Germany, France and the Netherlands...

Platform News: ByteDance TikTok

TikTok owner ByteDance launches share buyback after shelving IPO plans

ByteDance, the Chinese owner of short video platform giant TikTok, launched a share buyback this week for current and former employees, two people with direct knowledge of the matt...

Platform News: Tencent conference and exhibition in China

Tencent hit with fresh anti-monopoly complaint in China

Tencent has become the target of another anti-monopoly complaint to regulators, this time from a supplier of smart vehicle technology and a General Motors Co China venture.