government policy

Crypto platform Bitzlato accused of laundering over $700 million in illicit money

US authorities have designated the cryptocurrency exchange Bitzlato Ltd. as a primary money laundering firm and accused its founder of allegedly facilitating money laundering for criminals. The Treasury Department named Bitzlato under a section of the USA Patriot Act, a law used to combat money laundering and terrorist financing, for allegedly laundering illicit funds for …

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FTC’s plan to ban non-compete clauses changes direction for companies

Companies and lawyers are beginning to assess what the Federal Trade Commission’s proposed ban on non-competition clauses in employment contracts could mean for worker mobility, wages and how future compensation deals are shaped. structured. While a full or partial ban could expand the pool of potential hires, it would also weaken a tool that employers …

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Bahamian Regulator Says It Seized $3.5 Billion in FTX Crypto Assets

Bahamian securities regulators said they seized digital assets worth $3.5 billion from local FTX operation in mid-November as the cryptocurrency exchange headed for the collapse, a figure that US executives at FTX cast doubt on Friday. Christina Rolle, executive director of the Bahamian Securities Commission, said in an affidavit released Thursday that the commission seeks …

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FTC’s Tussle With Microsoft Puts Spotlight on Cloud Gaming – The Wall Street Journal

FTC’s Tussle With Microsoft Puts Spotlight on Cloud GamingThe Wall Street Journal Microsoft acquisition of Activision remains ‘less than 50-50’ chance amid FTC lawsuit: AnalystYahoo Finance Microsoft News Roundup: Activision Blizzard, Surface Hub 2, Windows 11 on Surface Duo, and moreWindows Central A Wild Idea: Could Xbox Release ‘Starfield’ On PlayStation To Appease Regulators?Forbes OnPodcast …

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