Happy asian girl with hehadphones listening to music or watching tv movie series in mobile on the bed at home.
In today's ExchangeWire news digest: Microsoft prepares its own app store to rival Google and Apple; the UK government bans ministers from using the TikTok app; and Taiwan prepares new legislation to regulate the crypto industry.
Software giant Microsoft has revealed plans to launch a new app store for games on iPhone and Android devices. The app store, which would rival the likes of Apple and Google, could be available as soon as next year if Microsoft’s USD$75bn (~£61.5bn) acquisition of Activision Blizzard is approved by regulators.
The UK government has banned ministers from using TikTok on their work phones and other government-issued devices. The move, which echoes measures from governments in the US, Canada, and the EU, follows fears that data collected by the Chinese-owned app could be accessed by the Chinese government.
Taiwan is set to implement new legislation to regulate cryptocurrency in the aftermath of FTX’s collapse late last year. According to Bloomberg sources, Taiwan’s cabinet and Financial Supervisory Commission (FSC) have been in talks with representatives of the cryptocurrency industry to prepare the legislation.
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24 - the number of crypto platforms Taiwan approved in September 2022.
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