The move is part of the EU’s “simplification” agenda to slash red tape for industries who say that complex bloc-wide legislation means they struggle to compete with rivals in China and the U.S., where President Donald Trump is slashing regulation.

In a public consultation opened on Tuesday, the EU’s executive European Commission said it was screening environmental laws to identify those where the administrative burden for companies and governments could be reduced.

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Source: https://whtc.com/2025/07/23/eu-eyes-more-cutbacks-to-environmental-laws-after-industry-criticism/

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Lawmakers approved the bipartisan GENIUS Act, which establishes a framework for overseeing the $238 billion stablecoin market — cryptocurrency that is pegged to hard assets like the US dollar — in a 308-122 vote.

The measure is intended to pave the way for banks and other financial institutions to issue stablecoins, giving consumers more options about where to put their wealth.

Critics have warned that the new regulatory framework gives the government too much power over crypto, may endanger the industry’s decentralization, and could lead to certain stablecoins getting unfair regulatory treatment over others.

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Source: https://nypost.com/2025/07/17/us-news/house-passes-trio-of-crypto-bills-to-help-regulate-digital-currency-bars-fed-from-making-its-own/

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The council announced it adopted updated regulations, formalizing the Markets in Crypto-Assets law, or MiCA, which introduces a “harmonized regulatory framework” in the bloc for the first time, the commission said.

“This package bridges a gap in existing EU legislation by ensuring that the current legal framework does not pose obstacles to the use of new digital financial instruments and, at the same time, ensures such new technologies and products fall within the scope of financial regulation and operational risk management of firms active in the EU,” the council said.

The law, agreed upon in June, requires that issuers of so-called “stablecoins” keep up a sufficient liquid reserve with a one-to-one ratio partially in the form of deposits to ensure they can accommodate user withdrawals.

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Source: https://www.upi.com/Top_News/World-News/2023/05/16/eu-European-Council-cryptocurrency-regulations/1921684242997/

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The FDA’s interactions with Biogen were “atypical” and did not follow the agency’s documentation protocol, according to a staff report on the findings of an 18-month investigation conducted by two House of Representatives committees into the drug’s regulatory review, approval, pricing, and marketing.

The FDA approved Aduhelm in June 2021 under an accelerated approval pathway over the objections of its panel of outside advisers, who did not believe data definitively proved the drug’s benefit to patients.

It was authorized based on evidence that it could reduce brain plaques, a likely contributor to Alzheimer’s, rather than proof that it slowed progression of the lethal mind-wasting disease.

The Medicare program restricted its coverage, which has led to severely limited use of the Biogen drug.

The post Congressional report: U.S. FDA broke own protocols in approving Biogen Alzheimer’s drug first appeared on Garner Ted Armstrong Evangelistic Association.