Online Safety Bill: UK lawmakers recommend tighter rules for Big Tech

id=”article-body” class=”row” section=”article-body” data-component=”trackCWV”> The UK is getting ready to vote on regulating Big Tech. iStock / Getty Images Plus UK lawmakers want to further tighten new rules governing Big Tech ahead of a parliamentary vote. A joint committee of members of Parliament from the House of Commons and peers from the House of Lords …

China bans financial, payment institutions from cryptocurrency…

BEIJING, May 18 (Reuters) – China has banned financial institutions and payment companies from providing services related to cryptocurrency transactions, and warned investors against speculative crypto trading. It was China’s latest attempt to clamp down on what was a burgeoning digital trading market.Under the ban, such institutions, including banks and online payments channels, must not …

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Tesla's bitcoin value dives; Musk signals hold with `diamond hands´…

By Hyunjoo Jin, Sinéad Carew and Akanksha Rana May 19 (Reuters) – The market value of Tesla Inc’s bitcoin holdings have fallen by half to $1.26 billion, close to the electric car maker’s purchase cost, as the cryptocurrency’s value plunged following a crackdown by the Chinese government. Shares of Tesla Inc were 3% lower on …

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