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French Regulators

All articles tagged with #french regulators

finance1 year ago•1 min saved

Regulators Target Polymarket's $48M Trump Betting Success

French regulators are considering banning the crypto betting site Polymarket after an anonymous trader, known as the 'Trump Whale,' made nearly $50 million betting on Donald Trump's election victory. The trader, a wealthy Frenchman, used multiple accounts and commissioned polls to inform his bets. Despite Polymarket's U.S. base, only non-U.S. users can bet due to regulatory settlements, but French authorities are scrutinizing the site for compliance with local gambling laws. Users can bypass restrictions using VPNs, complicating enforcement efforts.

via Quartz|

#crypto-betting #election-betting #finance

technology2 years ago•3 min saved

French Regulators Demand Apple Remove iPhone 12 from Market Due to High Radiation Emission

French regulators have ordered Apple to stop selling the iPhone 12 in France, citing that it emits electromagnetic radiation levels above European Union standards. The company disputes the findings and claims that the device complies with regulations. The French government agency responsible for managing wireless communications frequencies issued the order after the iPhone 12 failed one of two tests for electromagnetic waves. The agency has called on Apple to fix the issue for phones already in use, and if unsuccessful, the company may have to recall the devices. Apple maintains that the iPhone 12 has been certified by multiple international bodies and complies with all applicable regulations and standards for radiation.

via PBS NewsHour|

#apple #compliance #french-regulators