Australia considering new laws for Apple, Google, WeChat digital wallets

Australia considering new laws for Apple, Google, WeChat digital wallets

A smartphone with the Apple Pay logo is placed on a displayed Google Pay logo in this illustration taken on July 14, 2021. REUTERS/Dado Ruvic/Illustration

SYDNEY, Aug 30 (Reuters) – The Australian government is considering new laws that would tighten the regulation of digital payment services by tech giants such as Apple (AAPL.O) and Alphabet’s Google (GOOGL.O).

Treasurer Josh Frydenberg said he would “carefully consider” that and other recommendations from a government-commissioned report…


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