Largest crypto exchange facing regulatory headwinds and lawsuits
The Commerce Department has moved toward easing export controls for the United Arab Emirates, designating it as a privileged trading partner and enabling greater access to AI chips and related technology from Nvidia, Microsoft and OpenAI. The change centers on Gulf ties to U.S. tech and security interests.
The US has called off a planned attack on Iran after allies and Iran recommended delaying further action to pursue negotiations. Talks are set to begin tomorrow with a focus on Hormuz and denuclearisation, while polls show waning support for continued conflict.
Hunter Biden’s $LAPTOP meme coin has collapsed after a volatile debut. Despite headlines and a planned burn, liquidity issues and a string of rapid price swings have left many investors facing sharp losses as the token trades well below its peak.
Robinhood is expanding beyond trading into wealth management, banking and AI-powered tools as it targets mass-market customers while pursuing higher revenue per user. Executives say the company is building a full financial platform to capture aging and wealthier customers, with retirement accounts and private wealth services in sight.