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Trump's Team Blasts EU's Nearly $800 Million Fine On Apple And Meta As 'Extortion' — Could US Retaliate Against The Digital Markets Act?
Thursday, April 24, 2025 - 4:26am | 663The European Union’s first major enforcement of its sweeping Digital Markets Act has sparked political backlash in Washington — and could ignite a new front in U.S.-EU trade tensions. What Happened: On Wednesday, the European Commission fined Apple Inc. (NASDAQ:AAPL) €500 million (...
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Cyprus Tightens Crypto Regulations: Aligns With MiCA Framework, AML Standards
Tuesday, October 10, 2023 - 12:15pm | 602As the worldwide crypto sector grapples with increasing regulatory challenges, the Markets in Crypto-Assets (MiCA) offers a unified framework for EU nations to enhance user security and functionality. In line with several other EU nations, Cyprus has introduced regulations, imposing penalties for...
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Canada Sets Fines For Travelers Crossing The Border With Cannabis
Monday, March 29, 2021 - 12:04pm | 313The Canada Border Services Agency confirmed Friday it would begin issuing fines for travelers found crossing the border with undeclared cannabis products starting on Monday, March 29. The move came almost two-and-a-half years after the Cannabis Act came into force on October 17, 2018. It should be...
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SEC Says Cheesecake Factory Misled Investors On COVID-19 Impact, Fines Restaurant Chain
Friday, December 4, 2020 - 2:18pm | 365Casual restaurant chain Cheesecake Factory Inc (NASDAQ: CAKE) said it will pay a $125,000 fine to the U.S. Securities and Exchange Commission for making misleading statements in late March and early April, the SEC said in a Friday statement. What Happened: Cheesecake Factory said on March 23 and...