EMEA Daily: Amazon Fresh UK Price Matches Tesco; Dutch Central Bank Hits Binance With $3.37M Fine – PYMNTS.com

In today’s top news from Europe, the Middle East and Africa (EMEA), buy now, pay later (BNPL) regulations are likely coming to the European Union next year while the U.S. lags behind, U.K.-based digital bank Starling has withdrawn its EU banking license application and more.

Meta’s purchase of Giphy, a GIF search engine, will be sent back to the U.K.’s Competition and Markets Authority for further review after the Competition Appeal Tribunal flagged concerns with the CMA’s initial investigation.

Last year, the CMA blocked Meta’s acquisition of Giphy, citing concerns that it would hurt competitiveness in the market for display advertising and in the provision of gifs on Meta’s social media platforms.

The Dutch Central Bank has issued a $3.37 million fine to Binance, the world’s largest cryptocurrency exchange, for offering services without obtaining the proper registration.

De Nederlandsche Bank requires virtual asset service providers to register under the Money Laundering and…

Read Full Story: https://www.pymnts.com/emea/2022/emea-daily-amazon-fresh-uk-price-matches-tesco-dutch-central-bank-hits-binance-with-3-37m-fine/

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source: https://news.oneseocompany.com/2022/07/18/emea-daily-amazon-fresh-uk-price-matches-tesco-dutch-central-bank-hits-binance-with-337m-fine-pymntscom_2022071823851.html

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