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BBCNEWS Asia July 5, 2024

more now from new york with samira hussain. in these latest charges, the sec said coinbase 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 companyit 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, we have had over 30 engagements with the sec to try to work towards a sensible framework for regulation that would allow, for example, the registration of platforms as either broker dealers or atss, or a national ....

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BBCNEWS Asia Business Report June 4, 2024 01:33:00

The re election campaign of us presidentjoe biden has said that a decision by youtube to stop policing force claims that a decision by youtube to stop policing false claims about fraud in prior elections is reckless and could lead to potential violence. a spokesperson for the campaign said the move by the alphabet owned video platform will invite further democratic decay . on friday, youtube said it would stop removing content that might have spread false claims, related to previous races. in australia, a senate hearing is under way in canberra operating involving pricewaterhousecoopers, also known as pwc, because a former partner who had been consulting the federal government on new tax laws shared a confidential draft with colleagues in a bid to drum up business around the world. the company s chief ....

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