Category: Action
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Robinhood Faces SEC Enforcement Action: Navigating The Regulatory Landscape
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The cryptocurrency industry has been a hotbed of regulatory scrutiny, with several government agencies closely monitoring the activities of digital asset platforms. In a recent development, Robinhood Markets, the popular online brokerage, has found itself in the crosshairs of the US Securities and Exchange Commission (SEC). The company’s cryptocurrency division,…
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BOJ’s Ueda signals chance of policy action if yen moves affect inflation By Reuters
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Written by Laika Kihara TOKYO (Reuters) – Bank of Japan Governor Kazuo Ueda said on Wednesday that the central bank may take action on monetary policy if the yen’s movements have a significant impact on inflation, stepping up its warning about the economic fallout from the currency’s recent sharp declines.…
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Car Industry Urges UK Government Action to Boost Waning Electric Vehicle Demand
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Carmakers are sounding the alarm about slowing demand for electric cars among private buyers in the UK, leading to urgent calls for government intervention to reignite interest in battery-powered cars. Although overall UK vehicle registrations increased by 1% year-on-year to 134,000 in April, driven by fleet sales, sales to private…
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Japan warns of action over rapid currency moves By Reuters
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Written by Satoshi Sugiyama and Laika Kihara TOKYO (Reuters) – Japan may have to take action against any disorderly foreign exchange movements due to speculation, the Japanese government’s top currency diplomat Masato Kanda said on Tuesday, strengthening Tokyo’s readiness to intervene again to support the fragile yen. In a sign…
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Coinbase Faces Class Action Lawsuit, Implications For Solana And 7 Other Cryptocurrencies
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The cryptocurrency scene has been rocked by a new class action lawsuit filed against leading US exchange Coinbase. the Coinbase The lawsuit alleges that the exchange has willfully and systematically violated state securities laws since its inception, with plaintiffs claiming that many of the digital assets traded on Coinbase are…