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.
Category: Gensler, Gary S
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An A.I.-Generated Picture Stokes a Stock Market Plunge
A stock sell-off driven by a since-debunked picture underscored fears about how artificial intelligence could be used for nefarious purposes with big consequences.
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Goldman Sachs Earnings Disappoint Investors
The Wall Street giant’s latest financial results show how its push into consumer banking remains a drag on its overall business.
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Regulators Put More Pressure on Binance, the Crypto Giant
The New York Times – Business:Binance, the world’s biggest cryptocurrency exchange, faces a fresh wave of scrutiny from regulators and lawmakers.
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Salesforce Faces Mounting Investor Pressure As Profits Sag
The New York Times – Business:The software giant faces mounting pressure from activist investors and pushback from employees unhappy about a wave of firings and the scaling back of office perks.
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Chinese Tech Giants Promise Their Own ChatGPT-Style Chatbots
The New York Times – Business:A wave of Chinese tech companies are announcing their own A.I.-powered chatbots — but face hurdles imposed by their own government.
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The S.E.C. Charges Kraken Over Staking, Worrying Crypto Executives
The New York Times – Business:Cryptocurrency executives worry that charges against Kraken, a popular exchange, over the business known as staking would further chill their industry.
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The S.E.C.’s Crypto Crackdown Intensifies
The New York Times – Business:The agency has charged the crypto trading firms Genesis Global Capital and Gemini with operating an illegal lending service that lost customers millions.