FTX called itself an exchange. But it was vastly different from stock exchanges, which are highly regulated and barred from engaging in many of the activities FTX pursued.
Category: Regulation and Deregulation of Industry
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California Reduces Subsidies for Homes With Rooftop Solar
The decision, which would reduce the incentive for homeowners to install solar panels, could influence other states to make similar changes.
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Amazon Agrees to Change Some Business Practices in EU Settlement
The e-commerce giant avoided a fine, but will make a variety of changes regulators believe will help independent merchants who had raised alarms about Amazon’s tactics.
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S.E.C. Charges Sam Bankman-Fried With Defrauding FTX Investors
The founder of the collapsed crypto exchange was accused of “orchestrating a scheme to defraud equity investors” who put more than $1.8 billion into the company.
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Supreme Court Refuses to Block California’s Ban on Flavored Tobacco
The state’s voters had overwhelmingly supported letting a two-year-old law take effect, and lower courts had refused to put it on hold.
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Lina Khan, Aiming to Block Microsoft’s Activision Deal, Faces a Challenge
Ms. Khan, the chair of the Federal Trade Commission, has staked an ambitious trustbusting agenda on a case that may be difficult to win.
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F.T.C. Sues to Block Microsoft’s $69 Billion Acquisition of Activision
The move by the commission signals an aggressive stance by federal regulators to thwart the expansion of the tech industry’s biggest companies.
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State Officials Seek to Revisit Sports-Betting Arrangements
Officials in New York, Kansas and elsewhere are voicing new concerns about the rise of online sports betting after a series of articles in The Times examined it.
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Out of the Public Eye, a Debate Is Raging Over a Postwar Ukraine Economy
Beyond the enormous cost of rebuilding the country are difficult and delicate choices about how to best connect the nation to European markets and commerce.