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: Regulation and Deregulation of Industry
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How Sam Altman Stormed Washington to Set the A.I. Agenda
The chief executive of OpenAI, which makes ChatGPT, has met with at least 100 U.S. lawmakers in recent months. He has also taken his show abroad.
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Crypto Firms Start Looking Abroad as U.S. Cracks Down
As the country becomes one of the world’s strictest crypto regulators, companies are exploring plans to expand internationally and possibly leave entirely.
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SEC Accuses Coinbase of Breaking Market Rules
The regulator said that the cryptocurrency trading platform allowed users to trade unregistered securities, a day after it accused the crypto platform Binance of mishandling funds.
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S.E.C. Accuses Binance of Mishandling Funds and Lying to Regulators
The S.E.C. said the world’s largest cryptocurrency exchange mixed “billions of dollars” in customer funds and secretly sent them to a separate company controlled by Binance’s founder, Changpeng Zhao.
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G.M. and Stellantis Paid $364 Million in Fuel Economy Fines
The automakers paid the federal government for falling short of efficiency standards for cars and trucks in recent years.
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Amazon to Pay $25 Million to Settle Children’s Privacy Charges
Regulators said the tech giant kept children’s Alexa voice recordings “forever,” violating a children’s privacy law.
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Can the ‘California Effect’ Survive in a Hyperpartisan America?
For decades the state has been setting policy for the whole nation. Now red states are pushing back.
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Restaurant Chain Franchises Face Scrutiny From the FTC
Troubles at the restaurant chain Burgerim highlight concerns about whether franchisees need more protection in their contracts with franchisers.
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New York City Moves to Regulate How AI Is Used in Hiring
New York City’s pioneering, focused approach sets rules on how companies use the technology in work force decisions.
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AI Needs an International Watchdog, OpenAI Leaders Say
To manage its risks, “superintelligent” artificial intelligence should be governed by a body similar to the International Atomic Energy Agency, the lab’s leadership said in note on its website.