The merger has been delayed several times since it was announced in October 2021, but now faces a time crunch before a looming liquidation date.
Category: Securities and Exchange Commission
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Banks Fined $549 Million Over Use of WhatsApp and Other Messaging Apps
The penalties add to nearly $2 billion in record-keeping fines last year for the improper policing of employee communications on private messaging services.
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Gary Gensler, SEC Chief, Worries About AI
Gary Gensler, who has studied the consequences of artificial intelligence for years, said that the technology could lead to future financial crises.
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Crypto Industry Secures Early Victory in Legal Battle With Regulators
A judge ruled that the sale of the cryptocurrency XRP on public exchanges did not violate securities law.
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Founder of Bankrupt Crypto Firm Celsius Arrested on Fraud Charges
Alex Mashinsky was arrested at his home in New York on Thursday morning. He and his former firm also face lawsuits from the Securities and Exchange Commission and other regulators.
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Binance Reaches Deal With Government to Avert U.S. Shutdown
The Securities and Exchange Commission agreed on a compromise with Binance that will keep the exchange open as it battles a fraud lawsuit.
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Binance Spars With U.S. Regulators Over Asset Freeze
A judge urged the Securities and Exchange Commission to reach a compromise with Binance that would allow the world’s largest cryptocurrency exchange to continue operating in the United States.
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Binance Spars With U.S. Regulators Over Asset Freeze
A judge urged the Securities and Exchange Commission to reach a compromise with Binance that would allow the world’s largest cryptocurrency exchange to continue operating in the United States.
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What Do Binance.US’s New Rules on Trading Dollars Mean for Customers?
The company said that it would no longer allow trades with U.S. dollars on its platform. Customers were urged to withdraw funds by Tuesday.