FTX’s demise and its leader’s upcoming trial haven’t stopped a major lobbying push by the industry this week, but the events have changed its tone.
Category: Coinbase Inc
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Investors Expect a Fed Pause, Not an End to Rate Increases
A breather in the central bank’s anti-inflation policy is expected, but with still-rising inflation has investors bracing for another raise later this year.
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What Do Binance.US’s New Rules on Trading Dollars Mean for Customers?
The company said that it would no longer allow trades with U.S. dollars on its platform. Customers were urged to withdraw funds by Tuesday.
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Donald Trump’s Latest Indictment May Reshape the 2024 Race
The former president, who faces seven criminal charges for mishandling classified documents, is expected to surrender to authorities next week.
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PGA Tour-LIV Golf Deal Bolsters Saudi Arabia’s Global Ambitions
An agreement to merge LIV Golf with the PGA Tour is the latest step in the kingdom’s push to become a global force beyond oil.
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Crypto Crackdown: Coinbase and Binance Lawsuits Shake Markets
The S.E.C.’s actions indicate a push to require crypto businesses offering securities to follow the same rules as traditional stock and bond exchanges.
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Apple Bets the Vision Pro Can Take the Metaverse Mainstream
The iPhone maker is making a bold bet that it can redefine the niche category of virtual reality with its $3,500 goggles.
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Markets Climb as Silicon Valley Bank Finally Finds a Buyer
The New York Times – Business:First Citizens agreed on Sunday to acquire the failed lender’s retail operations, a move that will cost taxpayers but is reassuring investors.
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Investors Try to Parse Jay Powell and Janet Yellen’s Next Moves on Banks
The New York Times – Business:Jerome Powell, the chair of the Federal Reserve, and Treasury Secretary Janet Yellen said that more must be done to rein in banks. What that looks like is unclear.
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Why Lawmakers Aren’t Rushing to Police A.I.
The New York Times – Business:Artificial intelligence tools are proliferating throughout society, and getting more powerful. Washington has failed to keep pace.