Regulators

A Tennessee company may be heading into a legal battle with US auto safety regulators after a request to recall millions of potentially dangerous air bag inflators was denied. The National Highway Traffic Safety Administration is calling…

TruthGPT Coin, a so-called "investment opportunity" that relied on deceptive tactics, has come under fire from Texas regulators who are cracking down on what they describe as a fake securities scheme exploiting people's interest in…

Controversial Three Arrows Capital (3AC) founders Su Zhu and Kyle Davies have been issued a written reprimand by the Dubai Virtual Assets Regulatory Authority (VARA) after allegedly promoting and operating a new crypto exchange called OPNX…

On May 1, 2023, the California Department of Financial Protection and Innovation (DFPI) seized First Republic Bank, placing it in receivership of the Federal Deposit Insurance Corporation (FDIC). It was reported that this step came…

Project investor Chamath Palihapitiya, who once believed that Bitcoin had "effectively replaced gold," thought now that “cryptocurrency is dead in America” due to US regulatory pressure on the sector. Palihapitiya said on an episode of…

Multifaceted trading platform Robinhood will pay a $10 million fine to DFPI after a NASA investigation. Robinhood (NASDAQ:HOOD) has reached a $10.2 million settlement with the California Department of Financial Protection and Innovation…

The UK competition regulator is easing a bit of the Microsoft-Activision deal, sending shares of the game publisher higher. Shares of Activision Blizzard Inc (NASDAQ:ATVI) rose on Friday On positive news On the UK Competition and…