The financial world is buzzing about the SEC's recent decision to block some new leveraged ETFs, especially those focused on tech and crypto. This move highlights the growing concern around complex investment products. Leveraged ETFs, which magnify gains and losses, are like powerful tools—useful in
South Korea is taking a strong stand against misleading ads created with artificial intelligence. Starting next year, advertisers must clearly label any ads made with AI. This move comes as fake ads, featuring made-up experts or deepfake celebrities, have flooded social media platforms like YouTube
The UK and US are joining forces to shape the future of cryptocurrency rules. CryptoUK, a UK-based group that supports crypto and blockchain, has teamed up with The Digital Chamber, a similar group in the US. This partnership could lead to more collaboration between the two countries on digital asse
Energy drinks are often seen as a quick fix for tiredness. But they can be risky. A healthy man in his 50s from the UK found this out the hard way. He drank eight energy drinks every day. This led to a stroke and very high blood pressure. His blood pressure was 254/150 mmHg. That's way above the hea
A Pennsylvania company got some good news recently. The Board of Finance and Revenue (BFR) said they could get part of their money back from taxes they paid. This was for the time between the end of 2021 and the start of 2024. The company makes parts that help join pipes together. They asked for a
The world of cosmeceuticals is booming. This means rules need to catch up. Different countries have different ways of handling these products. Some places are strict. Others are more relaxed. This makes things confusing for companies and consumers alike. One big problem is that there is no agreed-u
A bill aiming to regulate college sports, backed by big names like the NCAA, the U. S. Olympic organization, and the White House, has hit a snag in Congress. The SCORE Act, which was supposed to be a big deal, is now stuck because some lawmakers have concerns. They think it gives too much power to t
VTB, Russia's second-largest bank, is making waves by planning to offer direct bitcoin and crypto trading to its clients. This move comes as a response to growing customer demand for actual cryptocurrencies, not just derivatives. Despite the lack of clear regulations, VTB is testing the waters with
Citadel Securities, a major player in traditional finance, has asked the U. S. Securities and Exchange Commission (SEC) to take a closer look at decentralized finance (DeFi) systems. They believe some DeFi platforms, especially those dealing with tokenized U. S. stocks, might be doing things similar
In the UK, police forces are set to use face-scanning tech more widely to catch lawbreakers. This tech is already in action in London, leading to over a thousand arrests in just two years. It's helped nab rapists, abusers, and violent criminals, plus over a hundred sex offenders who broke their rule
