Business

US regulators have filed a lawsuit against cryptocurrency exchange Binance alleging a string of violations including the misuse of investor funds. Cryptocurrencies and shares in crypto and blockchain-related companies tumbled after the Securities and Exchange Commission (SEC) revealed 13 charges against the world’s largest exchange and its founder Changpeng Zhao. The watchdog claimed they artificially
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Companies that provide guidance for those with money problems are to be banned from receiving referral fees from debt solution providers. The Financial Conduct Authority (FCA) said the new rules for debt packagers, which are regulated providers of advice, would save consumers money in “unnecessary fees” and improve guidance for those struggling. There have been
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Today on the Ian King Podcast, Wilfred Frost speaks to a senior economist at Nationwide about house prices. He also discusses the difficulties in the car market with Autotrader’s chief executive and hears how supply chain issues are key to the current problems. And could sustainable cruise ships transform the industry? We hear from the
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Ian King hears from Chancellor Jeremy Hunt, who says the government will do whatever it takes to bring down inflation, even if that means a recession. He also speaks to Nick Harding, the chief executive of consumer lender Fluro as analysis by PwC shows total household debt in the UK has exceeded 2 trillion pounds
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Beijing has stepped up its feud with Washington after announcing products made by US memory chip giant Micron Technology pose a national security risk. China‘s cyberspace regulator said on Sunday that following a review it found Micron products have unspecified “serious network security risks” that are a hazard to the country’s information infrastructure. It told
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