In the Trump administration’s latest example of dialing back cryptocurrency enforcement, Roger Ver agreed to pay about $48 million to end a tax fraud case.
Category: Regulation and Deregulation of Industry
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E.U. Proposes 50% Steel Tariffs as Trump Effect Ripples Around World
European officials want to sharply lower the bloc’s quota on tariff-free steel imports, while doubling levies to 50 percent, as President Trump’s tariffs create domino effects.
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How ‘Buy Now Pay Later’ Built a New Culture of Consumption
‘Buy Now, Pay Later’ built a delirious new culture of consumption — and trapped users in a vortex of debt.
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Supreme Court, for Now, Rejects Google Bid to Block Changes to App Store
The emergency order is the latest turn in a longstanding legal dispute between the tech giant and the creator of the popular game Fortnite.
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Is Sports Betting Illegal in Your State? Not if You Call It a ‘Prediction Market.’
Prediction markets like Kalshi, once known for offering wagers on elections, are now in the multibillion-dollar sports betting business and outside the reach of state regulations and taxes.
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How Private Equity Oversees the Ethics of Drug Research
Many drug trials are vetted by companies with ties to the drugmakers, raising concerns about conflicts of interest and patient safety.
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Video Games Have Become the Main Way Boys Socialize. Is That Bad?
They’ve become an important way to spend time with peers. But they’ve also become more addictive.
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Tesla Is Sued by Families Who Say Faulty Cybertruck Doors Led to Two Deaths
A college student was trapped in a burning Cybertruck because electronic doors made it difficult for her to get out or be rescued, a lawsuit claims.
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F.D.A. Approves a New Generic Abortion Pill
The decision enraged opponents of abortion, who have been pressuring the administration to restrict access to abortion medication.
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It’s a Bad Time to Cut the Information Coming From Corporate America
President Trump wants the S.E.C. to reduce the frequency of corporate earnings reports. Our columnist says it’s a reasonable experiment, but at a dangerous time.
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When a Driverless Car Makes an Illegal U-Turn, Who Gets the Ticket?
California approved a law last year allowing the police to cite autonomous vehicles, but it did not specify any penalties, and the law doesn’t take effect until 2026.