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Financial Daily Dose 8 4 2021 | Top Story: SEC Chief Announces Agency s Crypto Crackdown | Robins Kaplan LLP
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Vifor (Int l) AG v Mylan Labs Ltd | Robins Kaplan LLP
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Financial Daily Dose 8 3 2021 | Top Story: NLRB Officer Urges Board to Order Amazon Union Re-Vote | Robins Kaplan LLP
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UCB, Inc v Catalent Pharma Solutions, Inc | Robins Kaplan LLP
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A pair of the most prominent cryptocurrency exchanges announced this weekend that they’re taking steps to “curb a type of high-risk trading that has been blamed for sharp fluctuations in the value of Bitcoin and the casino-like atmosphere on such platforms globally.” FTX and Binance are lowering the amount of leverage they offer to 20 times from existing limits of 100+, a move aimed at protecting investors from the kind of huge crashes that hit crypto markets in May - NYTimes and FinancialNews
Meanwhile, Bitcoin’s up to start the week in part on speculation about Amazon’s “possible plans for cryptocurrencies and related technologies, after the company posted a job opening for an expert in digital currency and blockchain” - WSJ and Bloomberg and MarketWatch