Category: Regulation and Deregulation of Industry

Two Binance Employees Detained in the U.A.E. Amid Police Inquiries

The New York Times – Business:
The detentions of the workers, who have been released, are a sign of legal pressure that the world’s largest crypto exchange faces in the Emirates, which is home to its main regulator.
Trump, Who Has Amassed Enormous Wealth in Crypto, Hosts Industry Leaders

The New York Times – Business:
President Trump called on Congress to pass a major cryptocurrency bill that would tilt regulation in the industry’s favor.
More Fed Officials Lost Patience About Elevated Inflation at Latest Meeting

The New York Times – Business:
Minutes from the Federal Reserve’s July gathering showed broadening support for higher borrowing costs to stamp out lingering price pressures.
How Wall St. Profits When Personal Injury Lawsuits Pay Out

The New York Times – Business:
Personal injury cases have exploded, in number and magnitude, funded by companies betting on a win — and offering investors a piece of the action.
Trump to Nominate Heidi Overton, a Top Domestic Policy Aide, for F.D.A. Commissioner

The New York Times – Business:
Dr. Overton is a fierce opponent of abortion rights and a supporter of Health Secretary Robert F. Kennedy Jr.’s Make America Healthy Again agenda.
California Passes New Rule Regulating Replacement Car Tires

The New York Times – On the Runway:
The rule to require efficient replacement tires was praised by environmentalists. But manufacturers warned that the change would hurt American companies and increase tire prices.
ABC Sues Trump Administration Over F.C.C. Threat to Its TV Licenses

The New York Times – Business:
The network asked a court to stop the agency from taking steps that could force ABC stations off the air and accused the F.C.C. of violating its First Amendment rights.
‘Buy Now, Pay Later’ Lenders Pitch Loans for Needs Like Electricity and Rent

The New York Times – Business:
The rapid growth of pay-later loans raises questions about whether their popularity is driven by consumer preference or desperation.
How Cyclospora Evaded the U.S. Food Safety System to Sicken Thousands

The New York Times – Business:
The Trump administration delayed a rule last year that could have sped up the effort to pinpoint the source of the contamination. Critics charge that food safety oversight has eroded overall.
How Pennsylvania Got Hooked on Games That Look a Lot Like Slot Machines

The New York Times – Business:
A legal loophole kept “skill games” from being considered gambling. Now lawmakers are trying to save them from a court ruling.
What We Know About Taylor Farms’ Food Recalls

The New York Times – Business:
Just weeks after the company recalled lettuce and other produce suspected of being tainted by the cyclosporiasis parasite, it recalled jalapeños linked to a salmonella outbreak.
Kalshi’s Tarek Mansour Isn’t Interested in Management Advice

The New York Times – Business:
Tarek Mansour co-founded the fast-growing prediction market company shortly after graduating from M.I.T., aiming to provide a “mathematical, objective” view of the world.