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Federal regulators on Thursday approved Paramount’s $8 billion merger with Skydance, clearing the way to close a deal that combined Hollywood glitz with political intrigue. The stamp of approval from the Federal Communications Commission comes after months of turmoil revolving around President Donald Trump’s legal battle with “60 Minutes,” the crown jewel of Paramount-owned broadcast … Read more
After a recent ban on PancakeSwap, Turkish regulators may soon crack down on other DeFi services and wallets. Turkey’s recent ban on PancakeSwap (CAKE) decentralized exchange brought concerns that other DeFi services may follow. A recent panel by regulators, during the Istanbul Blockchain Week, suggested that this may be the case. In a transcript shared … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Revolut has yet to receive the green light from UK financial regulators to provide consumer credit services to its 11mn customers in Britain, marking the latest hurdle for the $45bn fintech to become a full-service … Read more
South Korea’s central bank digital currency project has been put on hold as the regulators turn their attention to fast-tracking the issuance of won-backed stablecoins. According to a Bloomberg report citing an unnamed Bank of Korea official, the central bank has suspended plans for the second phase of its CBDC pilot, which had been scheduled … Read more
Shares of Kakaopay dropped sharply after volatile trading as regulators warn of risks tied to widespread stablecoin adoption. Shares of South Korean digital payments firm Kakaopay tumbled as much as 17% on June 27 after trading resumed Thursday, following a one-day suspension by the Korea Exchange, Bloomberg reported. The halt came just days after an … Read more
Australian Securities and Investments Commission appoints former central bank deputy governor to a three-member expert panel to investigate the ASX’s failed blockchain project worth over $160 million. According to a recent report by Reuters, one of the members of the three-member expert panel is former central bank deputy governor Guy Debelle. The panel is tasked … Read more
Federal safety regulators have reached out to Tesla a day after the automaker began providing rides in its branded robotaxis in Austin. The U.S. National Highway Traffic Safety Administration contacted Tesla after numerous videos posted online appear to show Tesla robotaxis violating traffic laws in South Austin, where the company is providing rides to invited … Read more
The Justice Department may drop its criminal prosecution of Boeing for allegedly misleading U.S. regulators about the 737 Max jetliner before two of the planes crashed and killed 346 people, according to a weekend court filing. The department said in a Saturday status report that two representatives had met with the families of some crash victims to discuss a … Read more
The Microsoft Teams app on a laptop arranged in New York, US, on Tuesday, June 25, 2024. Gabby Jones | Bloomberg | Getty Images Microsoft offered to unbundle its Office 365 and Microsoft 365 software suites from its Teams workplace communication app to address competition concerns from European regulators. The European Commission, which is the … Read more
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Crypto in the United States is entering a new era as policymakers across the federal and state levels consider strategic Bitcoin (BTC) reserves and a legislative framework that brings clarity to the … Read more
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