Lithuania is cracking down on crypto firms. The Bank of Lithuania has sent a clear message: get licensed or get out. By December 31, all crypto service providers must have a MiCA license. This is a big deal because many companies set up shop in Lithuania when rules were more relaxed. The MiCA licen
New York has made some important moves to control kratom, a plant that some people use for different reasons. The state is trying to keep it away from young people and make sure adults know what they are buying. The Kratom Consumer Advisory Council (KCAC) is happy about these changes. They think th
The FDA is thinking about a big change to how warnings show up on supplement labels. Right now, every time a supplement claims to do something good for your health, like boost your immune system or help your heart, there's a bold warning. It says the FDA hasn't checked if the claim is true. But soon
Toys are not always as safe as they seem. Every year, millions of toys are sold in the United States, but many of them pose serious risks to children. Some toys contain harmful chemicals like lead and phthalates, which can be very dangerous for kids. Others have small parts that can be easily swallo
South Korea is taking a strong stand against misleading ads created with artificial intelligence. Starting next year, advertisers must clearly label any ads made with AI. This move comes as fake ads, featuring made-up experts or deepfake celebrities, have flooded social media platforms like YouTube
The world of cosmeceuticals is booming. This means rules need to catch up. Different countries have different ways of handling these products. Some places are strict. Others are more relaxed. This makes things confusing for companies and consumers alike. One big problem is that there is no agreed-u
The Consumer Financial Protection Bureau (CFPB), once a fierce protector of consumers' financial rights, now sits idle. Employees describe a surreal work environment where they are paid but forbidden to do their jobs. The bureau, tasked with overseeing banks and financial services, has been effectiv
Epic Games, the company behind Fortnite, is in hot water. They've been accused of tricking players into buying stuff they didn't want. Now, the Federal Trade Commission (FTC) is stepping in to help. The FTC has already given out over $72 million to players who were charged unfairly. But they're not
Fortnite players, listen up! You might be able to get some money back from unwanted purchases. The Federal Trade Commission (FTC) is sending out over $126 million in refunds. They are also reopening the claim process for those who missed the first round. Epic Games, the company behind Fortnite, had
Loot boxes in video games are a big deal. They let players spend real money for a chance at random rewards. This has raised eyebrows because it's a lot like gambling. There are worries about people spending too much and developing gambling habits. The UK's previous Conservative government chose to t
