Online giant Temu is under fire in Europe as millions of users face high risk of encountering illegal products on platform

Online giant Temu is under fire in Europe as millions of users face high risk of encountering illegal products on platform

The European Union accused Chinese-founded online shopping giant Temu on Monday of breaking the bloc’s digital rules by not “properly” assessing the risks of illegal products. EU regulators believe Temu is not doing enough to protect European consumers from dangerous products and that it may not be acting sufficiently to mitigate risks to users. “Evidence…

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Bitcoin, Altcoins Rebound As US Inflation Cools: Downtrend Over?

Bitcoin, Altcoins Rebound As US Inflation Cools: Downtrend Over?

Este artículo también está disponible en español. US inflation data has injected renewed optimism into the Bitcoin and broader cryptocurrency markets. In January, the Personal Consumption Expenditures (PCE) inflation—the Federal Reserve’s preferred measure—fell to 2.5%, precisely in line with expectations. Core PCE inflation was reported at 2.6%, also matching forecasts, marking the first decline in…

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