EU lawmakers just voted 612-18 in favor of tougher cybersecurity for crypto companies and other financial firms. jackschickler reports.
European Union lawmakers Thursday showed support for strict cybersecurity rules on crypto providers and other financial firms in a 612-18 vote.
The Digital Operational Resilience Act is “a cornerstone of our work on digital finance in the European Union, making sure that we support innovation and do it in a safe way,” European Commissioner Mairead McGuinness said in a Wednesday night debate on the law. “Protecting the financial system from cyber attacks and cyber fraud is vital.”
The vote formalizes a deal struck between the European Parliament and EU member governments in May. As well as banks and payment firms, it applies to crypto companies such as wallet providers who are set to be regulated under the bloc’s Markets in Crypto Assets Regulation and indeed the two laws were originally proposed as a package.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
No, House Democrats Didn't Vote to Let 'Non-Citizens' Vote in U.S. ElectionsThe source of the posts is a tweet published on Sept. 21, 2022, by the official Twitter account for Republicans on the U.S. House Judiciary Committee.
Read more »
CBS News projects Texas Gov. Greg Abbott wins re-electionBREAKING - Texas Republican Gov. Greg Abbott has won re-election to a third term, CBS News projects, defeating a challenge from Democrat Beto O’Rourke.
Read more »
Analysis | The disingenuous effort to cast suspicion on vote countingRepublicans are 1) slowing vote counting and 2) suggesting that slow vote counts are suspicious.
Read more »
Crude Oil Forecast: Brent Limited by China’s COVID Policies and Stronger USDBrent crude oil prices have been marginally curtailed this morning after Chinese health officials reiterated this importance of their ‘zero-COVID’ policies, suppressing optimism around a Chinese reopening. Get your market update from WVenketas here:
Read more »
Voters in Alabama Black Belt welcome chance of new congressional district: ‘Stronger voice would really help’The U.S. Supreme Court is considering whether Alabama is giving fair representation to Black voters in places like Union Springs, Ala.. The people suing argue the state should have a second majority-Black or majority-Democratic district.
Read more »