wise ministers. this is probably the biggest delegation saudi arabia has a centre for the summit in the last so many years. this comes just two weeks after the chinese arab business, the 10th ofjune, in which we saw a huge chinese delegation coming in. both countries are looking at this as an opportunity to really deepen their economic push, which we have seen really flourishing, at least on the surface of the last few months. it president started with a presence she champagne s visit, last year, and we have seen chinese companies in western saudi arabia, and if you look on paper, saudi arabia is china s large supply of oil, and also its largest trading partner. but the companies are now looking past other sections of the economy and business where they can both come together. tell and business where they can both come together. come together. tell us a bit more about that, come together. tell us a bit more about that, especially come together. tell us a bit more abou
bigger rival, binance, and its billionaire creator. samira hussain has more from new york. in these latest charges, the sec said coinbase acted as a broker exchange and clearing agency for broker exchange and clearing auen y ., , , ., ., agency for investments that are sub ect to agency for investments that are subject to sec agency for investments that are subject to sec rules. agency for investments that are subject to sec rules. but - agency for investments that are subject to sec rules. but they i subject to sec rules. but they did so without properly registering, and that, they said, allows the firm to escape oversight, including guards against conflicts of interest. the charges against coinbase were not a surprise, as a publicly traded companies and disclosed in march that the sec had notified it that these charges may be coming. in response, coinbase said liberals are not clear. they testified on capitol hill that the chief legal officer said it try to get new rule
more from new york now. in more from new york now. in these latest charges, the sec said coin base acted as a broker, exchange and clearing agency for investments that are subject to sec rules but they did so without properly registering, and that, the regulator said, allowed the firm to escape oversight, including guards against conflicts of interest. the charges against coinbase were not a surprise. as a publicly traded company are disclosed in march of this year that the sec had notified it that these charges may be coming. in response, coinbase said the rules were not clear. testifying on capitol hill tuesday the chief legal officer for coinbase said it try to get new rules in place for crypto platforms like theirs, but got no response from the sec. since that time. no response from the sec. since that time. we no response from the sec. since that time, we have no response from the sec. since that time, we have had - no response from the sec. since that time, we hav
that would hurt millions of americans. and there s a reason world leaders were worried about this. this would have impacted the global economy. something that did rally wall street though today was the chip maker nvidia. for about 5 minutes it was part of the elite club of us companies worth a trillion dollars. the company s share price shot past $412 on tuesday, having risen by more than 30% since last week. other companies part of the trillion dollar club are apple, amazon and alphabet. the bbc s north america business correspondent samira hussain reports from new york. for a brief few moments nvidia was able to call itself a chilling dollar firm the search came up to the chip maker shocked analyst by forecasting a surge in demand for its products because of advances in artificial intelligence or ai. artificial intelligence or al. the hardware made by nvidia underpins most ai applications today with one report suggesting it has cornered 95% of the market for machine learnin