UK law Bank of England and Financial Conduct Authority issue approach document on joint regulation of systemic stablecoin issuers The Bank of England and FCA’s approach document sets out how the UK’s new stablecoin regime will operate when a stablecoin issuer becomes systemically important. Under the framework, the FCA will regulate all UK-issued qualifying stablecoins,…

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The Competitions and Markets Authority (CMA) has introduced two new conduct requirements for Google’s general search services under the digital markets rules in the Digital Markets, Competition and Consumers Act 2024. The requirements are that Google improve its transparency and fairness in how search results are ranked, and that Google allows its users to port…

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In WebGroup Czech Republic & NKL Associates (C 188/24) and Coyote System (C 190/24), the Court of Justice of the EU issued a ruling which addresses two politically sensitive issues: age verification for online content and restrictions on user-generated information services. The cases arose in the context of French laws requiring pornographic websites to implement…

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Snap, Meta and Roblox have confirmed to Ofcom that they will introduce new safety measures designed to protect children from online strangers, ranging from tighter default settings, to AI detection tools and direct chat controls. The p[platforms have made the commitments in response to Ofcom’s demands in March to urgently strengthen protections for children online. …

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UK law UK government consults on data intermediaries Data intermediaries are third-party organisations that act on behalf of individuals to exercise their data subject rights under data protection legislation. Services range from secure personal data storage to donating health data to support scientific research. Last year’s call for evidence identified key issues affecting data intermediaries,…

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In Case T-1078/23 | Meta Platforms v Commission, the EU’s General Court annulled the European Commission’s decision designating Meta as a gatekeeper for Marketplace under the Digital Markets Act. However, it maintained the gatekeeper designation for Meta’s interpersonal communications service, Messenger. In September 2023, the European Commission designated Meta as a gatekeeper under the DMA….

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