Tag: Crackdown
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Ant Group’s $6 billion buyback signals post-China crackdown rebound | News
[ad_1] China’s central bank hit Alibaba affiliate Ant Group with a whopping 7.12billion yuan fine (~$985 million). The People’s Bank of China (PBOC), which issued the hefty fine, said that the penalty was in response to Ant’s violations of various laws and regulations, including around corporate governance, consumer protection and anti-money laundering requirements. imposed the fine…
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SEC’s Latest Crackdown Against Coinbase and Binance Could Drive Crypto Firms Out of the U.S.
[ad_1] “I believe we are going to see an increasing number of strikes like this,” Andrew Lawrence, co-founder and CEO of Censo Inc., an on-chain custody answer mentioned. “Sure, the U.S. is the most important market, however people who find themselves constructing within the crypto business are doing so not due to the dimensions of…
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Decoding China’s Counter-Espionage Crackdown – The Diplomat
[ad_1] Commercial “We should higher stability improvement and safety,” mentioned Xi Jinping at this 12 months’s Nationwide Folks’s Congress, shortly after being reappointed as China’s president. These phrases mirror Xi’s choice for placing political and nationwide safety forward of financial development, an strategy that seems to be gathering tempo at first of his third time…
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Serbian president announces gun crackdown after shootings – POLITICO
[ad_1] Serbia’s President Aleksandar Vučić on Friday pledged to disarm the nation, which is recovering from two mass shootings in as many days. “We’ll do an virtually full disarming of Serbia,” Vučić stated in a dwell broadcast, in response to French newswire AFP. The president introduced plans to overview the variety of registered firearms within…
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Australia to ban recreational vaping in e-cigarette crackdown
[ad_1] Australia stated on Tuesday it should ban leisure vaping and tighten different facets of e-cigarette legal guidelines within the largest crackdown on the tobacco trade in additional than a decade to attempt to cease an alarming rise in teenage vaping. The federal government goals to ban all disposable vapes, which frequently are available in…
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Spam calls crackdown within months under post-Brexit laws
[ad_1] A brand new post-Brexit legislation designed to crackdown on nuisance calls and repeated pop-ups may come into pressure inside months. The Information Safety and Digital Data Invoice, which is able to go earlier than the Home of Commons on Monday, will enhance fines for spam calls from £500,000 to £17.5 million, or as much…
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Russia Launches Crackdown On Draft Dodgers As It Prepares For ‘Lengthy’ War In Ukraine, UK Says
[ad_1] Russia is making it tougher for its residents to keep away from being known as as much as the military because it prepares for a “prolonged battle” in Ukraine, in response to UK officers. A brand new legislation has been handed to ascertain “a unified registry of people eligible for navy service”, the Ministry…
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Credit crackdown weighs on businesses : NPR
[ad_1] Credit score is the grease that helps maintain the wheels of the financial system spinning. And as credit score will get tougher to come back by, some companies are beginning to squeak. “All people is, I believe, very gun-shy,” says Kryson Bratton, proprietor of Piper Whitney Building in Houston. “We have got the R-word…