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Robinhood has agreed to pay $45 million in civil penalties to the U.S. Securities and Exchange Commission (SEC) for breaching multiple securities regulations. The settlement involves Robinhood Securities LLC and Robinhood Financial LLC, which admitted to certain findings in the SEC’s investigation. The SEC cited failures in maintaining electronic records, timely reporting suspicious activity, and

Homepage > News > Finance > Russia’s CBDC faces opposition; T-Bank dabbles in tokenization The Bank of Russia (BoR) has shared its central bank digital currency (CBDC) business model, which includes free consumer-to-consumer payments. However, local banks are fighting back, accusing the government of planning to put them out of business. Two years ago, Russia’s

Published Nov 14, 2024  •  Last updated Nov 14, 2024  •  1 minute read File: Ottawa Police Services HQ Photo by Tony Caldwell /POSTMEDIA An 18-year-old Toronto man faces a long list of charges allegedly threatening violence at an Orléans health clinic last month. Police were called to a medical clinic in the 1200 block

Bitcoin opened October with an initial 8% correction, however it has since recovered some of these losses. CryptoQuant analysts report stagnant demand since July, threatening ‘Uptober’ optimism. Long-term holders are selling off Bitcoin, reducing exposure amid market highs and volatility. CryptoQuant’s CEO and other analysts caution against overanalysing macro factors, emphasising public consensus on Bitcoin’s

Binance Under InvestigationBinance, the world’s largest cryptocurrency exchange, has been facing regulatory challenges in recent months. The Commodity Futures Trading Commission (CFTC) has been investigating Binance over concerns that it may have been operating an illegal derivatives exchange. As the investigation continues, the CFTC has revealed that there is currently no “immediate path forward” for

Ghanaian artist Obrafour alleges that he never approved sample of his "Oye Ohene (Remix)" before the surprise release of Honestly, Nevermind The post Drake Faces Copyright Infringement Lawsuit Over Uncleared ‘Calling My Name’ Sample appeared first on Rolling Stone India...

The UK’s audit watchdog has launched an investigation into EY’s audit of Made.com before the firm collapsed late last year.  The online furniture business went into administration in November after rescue talks to find a buyer failed.   The Financial Reporting Council announced today that it will start investigating EY’s audit of the firm’s accounts for

In a recent court filing, FTX founder Sam Bankman-Fried has been accused of bribing $40 million to Chinese officials to unfreeze crypto accounts.As the cryptocurrency industry continues to grow and evolve, so too do the challenges and controversies that surround it. One such controversy involves Sam Bankman-Fried (SBF), the founder of FTX, a prominent cryptocurrency