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Global News Impacting Chinese Tech

Enforcement worries for the EU’s new digital services laws. Singapore contemplates additional crypto trading laws. UK and South Korea agree to data transfer deal. ?UK and US lawmakers support further restrictions on Chinese tech.

News Snapshot:

Lawmakers in the EU yesterday approved the Digital Services Act (DSA), which requires online platforms to take more responsibility in preventing the dissemination of illegal content, Reuters reports. The European Commission has taken several steps to support enforcement of the new rules, including the establishment of an eighty-person task force, 12 million euro in monetary backing, and the launch of the European Centre for Algorithmic Transparency, designed to attract data science and algorithm scientists to aid in enforcement. EU industry chief Thierry Breton explained, "We have started to gear the internal organisation to this new role, including by shifting existing…

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