Meta wins court battle with FTC over the acquisition of VR platform Within Unlimited: report
A California judge denied the FTC's injunction request, arguing that Meta would dominate the VR industry by acquiring the VR fitness app Within Unlimited.
A California judge denied the FTC's injunction request, arguing that Meta would dominate the VR industry by acquiring the VR fitness app Within Unlimited.
The Australian Treasury said a multi-stage approach will be adopted, focusing on "strengthening enforcement, bolstering consumer protection, and establishing a framework for reform."
It costs less than $20 to register a company in the United Kingdom, and no ID is required, which authorities say fraudsters are exploiting to defraud victims globally in BTC scams.
While the U.S. securities regulator won the November court ruling, a judge has ruled that investors selling the LBC token in secondary markets are not violating securities laws.
Amidst regulatory push, there's no guarantee that imposing laws would be key to having universal ESG standards for firms, and Dr. Lerong Lu believes investor influence is still the most favorable route.
Revisions on the proposed virtual currency mining bill include the specification of the sub-types of permits available to miners and removing norms tied to mining services advertisements.
In the "Conclusion of Discussion Paper on Crypto-assets and Stablecoins," HKMA confirmed that it received 58 submissions, urging it to adopt a "risk-based approach" towards regulating stablecoins.
Four U.S. officials urged Congress to heighten its regulatory approach toward the digital asset industry by laying out specific recommendations, including expanding the executive branch's power.
In legally ambiguous and vague language, Gemini repeatedly told its customers that funds were FDIC-insured, giving them false hope that their money was safe.
The plans by the HM Treasury are intended to make the U.K. a digital asset hub while giving due recognition to the risk they pose to investors and the wider financial system.
The Central Bank of Nigeria has called on innovators in the fintech space to apply with the recently launched regulatory sandbox, with Ghana’s central bank announcing a similar project.
NFT firms in China are mandated to register before offering their products to the public—a move claimed will prevent the misuse of the asset class and promote the development of the space.