The European Commission and the European Board for Digital Services support a revised Code of Conduct to counter illegal hate speech online. Integrated with the Digital Services Act, it mandates stricter reporting, monitoring, and transparency from online platforms.
South Korea’s Fair Trade Commission has initiated a consent resolution with Kakao over allegations of unfair supplier practices on its platform. The investigation revealed increased supplier costs linked to mandatory delivery models and higher commission fees.
France’s Data Protection Authority has released new guidelines for integrating SDKs into mobile apps. The rules clarify data privacy responsibilities, require explicit user consent, and mandate strong security measures to ensure GDPR compliance and protect user information.
The U.S. Securities and Exchange Commission has launched a Crypto Task Force to develop clear regulatory guidelines, streamline registration processes, and coordinate with federal agencies. This initiative aims to balance innovation with strong investor protection measures.
On 21 January 2025, the U.S. Securities and Exchange Commission (SEC) announced the formation of a dedicated Crypto Task Force aimed at developing a comprehensive and clear regulatory framework for crypto assets.
Acting Chairman Mark T. Uyeda appointed Commissioner Hester Peirce to lead this initiative, with Richard Gabbert and Taylor Asher serving as Chief of Staff and Chief Policy Advisor, respectively.
Hong Kong’s Securities and Futures Commission has introduced new cybersecurity and asset protection circular for virtual asset trading platforms. The guidelines mandate strong security monitoring, asset segregation, and due diligence to enhance compliance and consumer protection.
Sarcuni v bZx DAO (2023) explores liability within Decentralised Autonomous Organisations (DAOs), highlighting legal challenges in defining DAO membership as a general partnership and addressing security negligence in crypto protocols leading to substantial financial losses.
Thailand’s SEC has proposed new advertising rules for digital asset businesses. The draft amendments focus on improved warning messages, clearer social media standards, and responsible advertising practices to facilitate investor protection and transparency in the growing digital asset market.
Digital assets and electronic trade documents raise complex private international law challenges. Jurisdictional uncertainties and fragmented status across borders complicate their use in global trade, prompting urgent calls for harmonised legal frameworks to ensure reliability and predictability.
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