Tag Archives: order

President Biden is expected to issue an executive order next week directing agencies across the government to study cryptocurrencies and a central bank digital currency (CBDC), and come up with a government-wide strategy to regulate digital assets. According to an administration official familiar with the matter, the forthcoming directive will commission a study of a CBDC and ask a range of agencies – including the Departments of Treasury, State, Justice and Homeland Security – to develop… Source link

Reports over the weekend suggest that US President Biden is going to introduce an Executive Order for cryptocurrencies at the beginning of February. The order is expected to span across government and plans to weigh-up the benefits and disadvantages of digital assets, alongside implementing a reporting system for government on cryptocurrencies. Officials are yet to confirm the rumour. What has been confirmed is that there have been several top-level meetings with senior figures at the White… Source link

(Bloomberg) — Chinese developer shares dropped following local media reports that China Evergrande Group has been ordered to tear down apartment blocks in a development in Hainan province. Evergrande halted trading in its shares. Most Read from Bloomberg An index of Chinese developer shares slumped as much as 2.8% in Hong Kong before closing 1.7% lower. A local government in Hainan told Evergrande to demolish 39 buildings in 10 days because the building permit was illegally obtained, Cailian… Source link

By Daniel Stolte, University Communications Nov. 17, 2021 A fleet of rovers capable of navigating campus on their own is the latest addition to the University of Arizona’s portfolio of food delivery options. Chris Richards/University of Arizona Beginning Wednesday, more than 35,000 Wildcats will be able to order their favorite foods from on-campus dining locations – including IQ Fresh, Einstein Bros Bagels, On Deck Deli and Sabor – via… Source link

The European Union flag is seen with Google’s logo. Jaap Arriens | NurPhoto | Getty Images The EU’s General Court ruled Wednesday that the European Commission was right in fining Google for an antirust breach — in what represents a landmark moment for antitrust policy in the European Union. The ruling comes after the European Commission, the executive arm of the EU, said in 2017 that Google had favored its own comparison shopping services and fined the company 2.42 billion euros ($2.8… Source link

Widely followed investor Cathie Wood remains a holder of Robinhood (HOOD) even as the threat of a clampdown on payment for order flow by regulators looms as a key risk.  The founder, CEO and CIO of Ark Invest said in an exclusive interview on Yahoo Finance Live that Robinhood is currently a 1% holding for her firm.  Wood sent the market for Robinhood’s stock into a tizzy in early August after she revealed purchases of the trading platform’s stock after a disappointing IPO in late July…. Source link

Big Tech is once again in Washington’s crosshairs. On Friday, President Biden called on the Federal Trade Commission and Department of Justice to enforce existing rules and establish new ones that could interfere with the market domination of America’s biggest tech firms. The executive order from Biden calls on the FTC to establish stricter rules over mergers, making it harder for larger tech companies to swallow up their smaller competitors — just like Facebook has with Instagram and… Source link

President Joe Biden signed an executive order on Friday aimed at promoting competition across the U.S. economy — including measures that target big tech companies, aim to lower prices for consumers and call for greater scrutiny of mergers across industries.  “The heart of American capitalism is a simple idea: open and fair competition,” said Biden before signing the order. “Capitalism without competition isn’t capitalism. It’s exploitation. Without healthy competition big players can… Source link

By Michael Martina WASHINGTON, June 3 (Reuters) – The Biden administration will issue a new executive order on Thursday that bans U.S. entities from buying or selling publicly traded securities for 59 Chinese companies with alleged ties to defense or surveillance technology sectors, senior administration officials said. The Treasury Department will enforce and update on a “rolling basis” the new ban list, which replaces one from the Department of Defense, the officials, noting the policy would… Source link

The brand logo of Alphabet Inc’s Google is seen outside its office in Beijing, China, August 8, 2018. Picture taken with a fisheye lens. REUTERS/Thomas Peter The judge hearing the Texas antitrust lawsuit against Alphabet Inc’s (GOOGL.O) Google put limits on what the search giant’s in-house lawyers can see in an order aimed at ensuring that confidential information used in an upcoming trial remains secure. The issue is a key one for companies that have not been identified but that gave… Source link