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Can EU Digital Markets Act be Detrimental for European Companies

The European Commission fined Apple €500 million and Meta €200 million for violating the Digital Markets Act (DMA), marking the first penalties under this legislation effective since March 2024. Apple was penalized for restricting app developers from informing users about alternative purchasing options outside the App Store, breaching the DMA’s

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Nasdaq Facilitate Raising $14.8 billion for 156 Firms in 2022

In 2022, Nasdaq has welcomed 156 initial public offerings (IPOs). It has facilitated the raising  of $14.8 billion in total. This year, Nasdaq listed 85 operating companies and 71 SPACs, representing an 89% win rate in the US market and extending Nasdaq’s leadership to 36 consecutive quarters. There were 29

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Technology

Bittrex Case – Why Crypto Exchange Players Needs to be More Prudent

Earlier this month, the Financial Crimes Enforcement Network (FinCEN) announced  a $29 million enforcement action against Bittrex for violations of the Bank Secrecy Act (BSA). Bittrex’s AML programme and Suspicious Activity Report (SAR) reporting failures exposed the US financial system to threat actors. Failures at Bittrex exposed users to high-risk

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