Saturday, November 14, 2020

US regulators have levied $198M in fines against crypto firms to date, of which $175M came from SEC and $23M from CFTC (Yogita Khatri/The Block)

Yogita Khatri / The Block:
US regulators have levied $198M in fines against crypto firms to date, of which $175M came from SEC and $23M from CFTC  —  The top two U.S. market regulators — the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) — have hit crypto firms and founders …



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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...