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Vanguard set to appoint ex-BlackRock ETF chief as next CEO: WSJ
Salim Ramji set to be Vanguard's new CEO, igniting talks on the company's crypto policy with his prior Bitcoin ETF experience at BlackRock. The post Vanguard set to appoint ex-BlackRock ETF chief … more
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Taiwan proposes two-year jail term for non-compliant VASPs in draft bill
The Ministry of Justice is behind the bill, which seeks to combat money laundering and fraud through digital assets, proposing fines of up to $1.5 million. [...] Read More... The post Taiwan … more
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Whistleblower says EPA tried to backdate documents and altered reports in Norfolk Southern train crash: 'I think they chose not to know.'
The East Palestine train derailment was handled differently than the 180 other times a government plane has been deployed after an accident since 2001. more
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TikTok creators revolt against ban
The creators are asking the court to issue a declaration saying the law is unconstitutional. more
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Boeing violated a deal that allowed it to sidestep criminal prosecution. Now, charges could be back on the table
Boeing reached a $2.5 billion settlement with the Justice Department in January 2021 to avoid prosecution. more
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Crewmember mistakenly caused the ship's engine to stall hours before a blackout led to the Baltimore Bridge collapse
Investigators are working with Hyundai, the manufacturer of the ship’s electrical system, to determine the causes of the blackouts. more
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Driver in crash that killed 8 and injured 40 arrested and charged with DUI-manslaughter
The 41-year-old has previous arrests for driving with a suspended license, leaving the scene of an accident, and marijuana possession. more
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Airlines sue U.S. Transportation Department over fee disclosure mandate
The lawsuit comes two weeks after the Department of Transportation finalized a mandate requiring airlines to quickly refund canceled flights and stop hiding junk fees. more
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Chicken wings for the win: How high prices are changing the menu
Lower-income customers are pulling back as the price of dining out and cooking-in continues to increase. more
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‘Stay tuned’: White House hints it will hit Chinese EVs with even higher tariffs if they’re made in Mexico
President Joe Biden on Tuesday directed the office of the U.S. Trade Representative to impose a total tariff in excess of 102% on Chinese EVs. more
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Florida’s migrant farming community jolted by bus crash that kills 8, injures dozens more
Florida farms employ more H-2A workers than any other state, about 50,000 a year, according to the Florida Fruit & Vegetable Association. more
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‘Judge Judy’ sues National Enquirer parent company over misattributed quote in Menendez Brothers story
“When you fabricate stories about me in order to make money for yourselves with no regard for the truth or the reputation I've spent a lifetime cultivating, it's going to cost you." more
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India celebrates National Technology Day while embracing tech advancements for economic growth
For the first time this year, India is using artificial intelligence extensively for election campaigns and language translations, with an estimated $50 million budget on AI-generated election … more
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Polymarket Raises $70 Million With Backing From Vitalik Buterin and Peter Thiel Fund
The blockchain-based betting site said it would contemplate U.S.-regulated options for speculators as well. more
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Bitcoin’s Lightning Network In Every App: Breez CEO’s Vision
Breez co-founder and CEO Roy Sheinfeld envisions a world in which the Bitcoin Lightning Network is incorporated into mainstream applications like Uber and Spotify. more
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University of Dubai’s global AI index to measure growth in learning institutions
The Arab Index for Artificial Intelligence is the brainchild of the AIJRF that seeks to deepen the region's talent pool in AI while promoting the tech's integration in various sectors. [...] Read … more
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7,000 French artists demand fair pay from streamers like Netflix and Disney, citing a 5-year-old law
French artists want to be paid based on views, in an argument with striking similarities to last year's $6 billion SAG-AFTRA strike. more
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Tornado Cash Dev Alexey Pertsev Sentenced to 64 Months in Prison
Tornado Cash developer Alexey Pertsev sentenced to 5+ years in prison for alleged money laundering. more
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Tesla—which never buys ads—is buying ads to promote Elon Musk’s record $52 billion pay deal days before key shareholder vote
Musk blasted advertising as 'manipulating public opinion', but when it comes to his compensation package, he's not taking any risks. more
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24/7 trading is already in full swing. Now Wall Street is considering ditching the opening and closing bells altogether
Outside U.S. market hours, major listed stocks continue to trade through dual listings in exchanges or as unregistered securities in foreign markets. more
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Anglo American hopes selling De Beers will fend off takeover bids after BHP’s $43 billion offer—but it might do the opposite
Anglo American is getting "rid of a lot of the fat that someone like BHP wouldn't want," making it more appealing, one analyst said. more
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China’s CBDC recipients sell it quickly; Nigeria plots ways to boost eNaira use
Chinese authorities insist that monitoring is only a concern with large transactions, as the digital yuan can be used for small transactions with minimal oversight. [...] Read More... The post … more
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Rwanda weighing pseudo-anonymous CBDC to underpin cashless economy
The National Bank of Rwanda published a paper examining the benefits, risks, and design principles of a token-based digital franc in the East African nation. [...] Read More... The post Rwanda … more
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CBDC eliminates barriers of the siloed financial system: Swiss National Bank
At a recent BIS event in Basel, Chairman Thomas Jordan discussed Project Helvetia III, including its benefits and some alternative approaches SNB considered. [...] Read More... The post CBDC … more
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Philippines aims for enhanced ADB backing in infrastructure, digitalization drive
Under the Country Strategy Partnership, the Philippines looks to leverage the expertise of ADB in navigating complex challenges, fostering sustainable growth, and supporting the nation's MSME sector. … more
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