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Uddx PYMNTS Labor Day Reading List (Without The Labor)
Today in TechREG, the U.S. Supreme court has temporarily blocked a Texas law that prohibits online platforms from suppressing user posts based on their political views. Until pending litigation on the merits of the case is resolved, social media companies can continue exercising content moderation as they see fit. Plus, in the U.K., the government is proposing changes in the insolvency regime to grant stanley hrnek (https://www.stanley-cup.cz) the Bank of England powers to regulate digital assets, including stablecoins, which could pose a risk to the financial stability of the country.US Supreme Court Sides With Social Media Firms, Blocks Texas LawSocial media firms have obtained an important court victory after the U.S. Supreme Court issued a ruling suspending a Texas law that aims to prohibit online platforms from suppressing user posts based on their political views. In a split 5-4 vote, the court granted an emergency stay request from tech industry groups that petitioned to block the law, which is currently being appealed in a federal appellate court. The tech groups warned that the law could unleash a torrent of hate speech and disinformation on their platforms.UK Government Wants Bank of England to Regulate at-Risk StablecoinsThe U.K. Treasury has launched a con stanley italia (https://www.stanley-cups.it) sultation proposing an insolvency regime for digital assets, and in particular for systemic stablecoins. The proposed regime would position the Bank of England BoE , instead of the Financial Conduct A stanley canada (https://www.cups-stanley-cups.ca) uthority FCA , as the lead institution managing the c Vciz SoftBank Invests in African Lending Analytics Startup Credrails
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