The U. S. financial watchdog, the SEC, has put a pause on reviewing new leveraged ETF applications. This includes those for crypto ETFs. They sent letters to nine companies, including ProShares, which already has some leveraged crypto ETFs out there. The SEC's main concern? These funds aim to give
The United Kingdom is stepping up its fight against sugar. They are adding more drinks to their sugar tax. This tax now includes sweetened milk drinks, like flavored milks and milkshakes. It also covers milk alternatives with added sugar, yogurt drinks, and some coffee drinks. Companies have until J
A group called Building America's Future (BAF) wants the U. S. to have one clear rule for AI. They say this will help the country stay ahead of China. Right now, different states have different rules. BAF thinks this is messy and could slow down progress. They started a new ad campaign to push for
In a recent move, House Republicans have put together a detailed report. It talks about how banks are being pushed to cut ties with crypto companies. They call this "Operation Choke Point 2. 0. " The report is 50 pages long. It talks about how regulators are using pressure tactics. These tactics are
The world of cryptocurrency took a tumble recently. Bitcoin, the most popular digital currency, dropped below $85, 000 for a short time. This isn't just a small dip. It's part of a bigger trend that's been going on for almost two months. Other tech companies also saw their values drop, which might b
The U. S. government has stepped into a legal battle involving Bayer and its popular weedkiller, Roundup. The Trump administration is supporting Bayer's attempt to limit thousands of lawsuits claiming that Roundup causes cancer. The government argues that federal law should take precedence over stat
Crypto exchanges face a tough challenge. They must follow global rules while keeping things easy for regular traders. Toobit, a major exchange, is trying to find a middle ground. It serves over 4 million users and handles more than $30 billion in trades daily. The company's CEO, Ray Lee, says Toobit
E-bikes are becoming a big part of daily life in Massachusetts. They help people get around, especially in busy cities. But with this rise in popularity, there are growing safety concerns. Recently, a tragic accident in Stoneham has sparked a call for better rules. This is not the first time safety
China is tightening its grip on cryptocurrency, with a special focus on stablecoins. The People's Bank of China, along with 12 other agencies, recently held a meeting to discuss the resurgence of crypto trading and the risks it poses. The bank made it clear that virtual currencies are not legal ten
Starting next year, crypto traders in the UK will have to share more personal details with trading platforms. This is part of new rules that aim to track crypto transactions and ensure people pay the right taxes. The UK government has decided that crypto service providers must collect and report cu
