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US deploys more cyber forces abroad to help fight hackers

A man holds a laptop computer as cyber code is projected on him in this illustration picture taken on May 13, 2017. — REUTERS

SAN FRANCISCO — The United States is sending more of its cyber forces abroad to help foreign governments fight hackers, a top US military official said at the RSA cybersecurity conference in San Francisco.

In the last three years, the US military’s Cyber National Mission Force (CNMF) has conducted 47 such “hunt forward” defensive operations across 20 countries at the invitation of those nations, US Army Major General William Hartman said on Monday.

“The demand for that only increases, and they are not all the same,” Mr. Hartman, CNMF’s commander, said of the missions, speaking on the sidelines of the conference.

The initiative reflects a broader push by the US government to improve collaboration with foreign allies on combating cyber crimes, which often cross borders. Some of the largest known ransomware criminal gangs, for instance, have targeted multiple countries, including the United States.

Mr. Hartman said CNMF had dispatched 43 specialists to Ukraine, which has been battling Russian cyber onslaughts amid the war there, which Russia calls a “special operation”.

“Those are defense teams we send, and (they) hunt for shared adversaries, find tools and capabilities,” Mr. Hartman said.

He said the CNMF was working closely with the top US cyber body, the Cybersecurity and Infrastructure Security Agency (CISA).

Both agencies had collaborated on thwarting potential attacks against three US federal agencies by foreign adversaries, said Eric Goldstein, CISA’s executive assistant director.

“We notified the agencies, gave them guidance, and kicked off incident response. Simultaneously, we gathered all the information on the adversary infrastructure and shared it with CNMF,” he said. Mr. Goldstein and Mr. Hartman declined to offer further details on the incident.

A separate incident they disclosed during a joint presentation at the conference involved an Iranian hacking group that had breached voting systems in a U.S. city that were used to report the 2020 election results. 

The CNMF feared the hackers could make the system’s website “look like the vote had been tampered with,” but the agency revoked access, Mr. Hartman said.

“There was no impact to any election infrastructure,” Mr. Goldstein added.

“We want to make this a model – find the technical evidence to hand over to CNMF,” he said, adding that securing the 2024 U. presidential election is a “top priority”. — Reuters

Crab cakes, beef and banana splits: Biden’s South Korea state dinner menu unveiled

The dessert course; a banana split featuring lemon bar ice cream, fresh berries, mint ginger snap cookie crumble and doenjang caramel is displayed during a media preview ahead of Wednesday evening’s White House State Dinner for South Korean President Yoon Suk Yeol and his wife, Kim Keon Hee in the State Dining Room at the White House in Washington, U.S., April 24, 2023. — REUTERS/LEAH MILLIS

WASHINGTON — Guests at President Joseph R. Biden’s and First Lady Jill Biden’s state dinner with their South Korean counterparts will feast on Maryland crab cakes and braised beef short ribs followed by banana splits for dessert, the White House said on Monday.

The Bidens are hosting South Korean President Yoon Suk Yeol and his wife Kim Keon Hee for a state visit on Wednesday that will conclude with dinner in the East Room, which will feature tables decorated with large vases filled with boughs of blooming cherry blossoms that tower six feet into the air.

The meal itself will kick off with crab cakes along with cabbage, kohlrabi, fennel and cucumber slaw. A chilled yellow squash soup will round out the first course.

The main course features beef, butter bean grits, sorghum-glazed carrots and pine nuts.

The dessert is a deconstructed banana split with lemon bar ice cream, fresh berries, mint ginger snap cookie crumble and “Doenjang caramel.”

“Joe’s favorite will be the last,” Jill Biden quipped to reporters about her husband, whose love of ice cream is well documented.

“We hope to showcase the harmony of our cultures and our people intertwined,” at the dinner, she said.

The first lady worked with Chef Edward Lee, author of Smoke & Pickles and Buttermilk Graffiti, along with the White House chefs to design the menu.

“The first person I called was my mother,” Mr. Lee said, noting she had immigrated to the United States from Korea. “To come full circle and to give back and be able to do this was … a very proud moment for me and also for my mom.”

Asked what advice she gave, Mr. Lee said: “She just said don’t mess it up.” — Reuters

India to surpass China as world’s most populous country by end-April – UN

A WORKER folds an Indian flag at a workshop in India, Aug. 11, 2005. — REUTERS

NEW DELHI — India’s population is expected to match China’s by the end of April and then to surpass it as the world’s most populous country, the United Nations (UN)  said on Monday.

The announcement by the UN’s Department of Economic and Social Affairs (DESA) comes days after the UN Population Fund said last week India would have 2.9 million more people than China by the middle of 2023.

India’s population is expected to reach 1,425,775,850 by the end of this month, DESA said, based on the latest UN estimates and projections of the global population.

“China will soon cede its long-held status as the world’s most populous country,” it said, adding that “due to the uncertainty associated with estimating and projecting populations, the specific date on which India is expected to surpass China in population size is approximate and subject to revision.”

Last year, some population experts had used UN data to project India’s population would touch 1,425,775,850 on April 14, 2023.

But UN population officials had said it was not possible to pinpoint a date because of uncertainty relating to data from India and China, with India’s last census held in 2011 and the next, which had been due in 2021, being delayed by the COVID-19 pandemic.

“China’s population reached its peak size of 1.426 billion in 2022 and has started to fall. Projections indicate that the size of the Chinese population could drop below 1 billion before the end of the century,” DESA said.

“By contrast, India’s population is expected to continue growing for several decades.”

Between 2023 and 2050, the number of people aged 65 or over was expected to nearly double in China and to more than double in India, DESA said.

“Nevertheless, as a proportion of the total population, the growth of the older population in India will be much slower than in China,” it added.

While there was no official reaction from India to the UNFPA report last week, China said dividends from population growth did not only depend on quantity but also on quality and that China’s talent dividend was booming.

Indian analysts and economists said there was no cause for alarm in becoming the world’s most populous country as India’s growth in that regard has been slowing and its majority-young population could be a boon if it creates more opportunities for education and employment. — Reuters

InLife’s Secure 5 offers frequent cash payouts for 5 years

For a limited time, Insular Life (InLife) is offering Secure 5, an insurance product that provides life protection, guaranteed quarterly cash payouts on the plan’s second year, and the return of total premiums upon maturity in 5 years.

“The circumstances of the past three years have made some people risk-averse. They are uncomfortable with market movements that may impact the fund values of variable universal life policies. We kept this in mind when we developed Secure 5,” said Gae Martinez, chief marketing officer of InLife.

Secure 5 is a five-year guaranteed issue offer (GIO) insurance plan available to individuals between the ages of 0-65. It is best suited for individuals who want their financial assets placed in long-term investments.

“Many Filipinos are avoiding or postponing making financial decisions in the light of all the issues affecting markets. But Secure 5 lets you protect your loved ones while guaranteeing attractive payouts over a 5-year period,” Ms. Martinez noted.

Secure 5 has two annual premium payments that start at P250,000 (with a maximum of P12,500,000). Policyholders have the option to place a second annual premium in a premium deposit fund (PDF).

The guaranteed cash payouts or anticipated endowments are up to 4% per annum. The first cash payout is given on the first year of the policy. The subsequent payouts are given quarterly. Once the plan reaches its five-year maturity, the policyholder will receive back the total premiums paid, regardless of economic or market conditions.

Meanwhile, InLife continues to be one of the country’s top five insurers in terms of net worth, net income, and assets, according to recent figures from the Insurance Commission.

“As we move forward, we will introduce innovations and develop new products that address the current needs of our customers. In fact, our latest VUL fund strategy, the Systematic Global Sustainable Income Fund, seeks attractive regular income while investing in a global portfolio that also achieves a lower carbon intensity compared to benchmarks. Available in both our Peso and US Dollar plans, the fund has paid close to 6% p.a. in its latest income distribution. This is proof that sustainable investing makes good financial sense,” said Ms. Martinez.

She added that this is consistent with the Company’s firm commitment to make significant investments in renewable projects and sustainable initiatives. “InLife has been a trusted insurance company for more than 112 years. With our new sustainable fund and the recent launch of Secure 5, we further strengthen our commitment to advancing financial security for Filipinos and their loved ones,” Ms. Martinez said.

Talk to an InLife financial advisor to learn more about the benefits of Secure 5 or visit https://www.insularlife.com.ph/secure5. Follow InLife’s Facebook Fan page for product updates, events, and promotions.

 


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SIM Registration now available via GCash app; deadline to register extended for 90 days

As the government extends the deadline for SIM registration, Globe and TM subscribers may now register their SIMs on the GCash app.

Globe and TM customers who are GCash users will receive a prompt to register their SIMs and they just need to follow the instructions. Once successful they will get free 1GB of data which they can use right away.

By registering their SIMs, customers will avoid SIM deactivation and have uninterrupted access to their e-wallet accounts.

Customers who fail to register their SIMs that are linked to their accounts can still access their funds by requesting a transfer to a new registered mobile number from the GCash Help Center. The process, however, will take several days.

“That’s why we encourage SIM users with GCash wallets to register their SIMs before the deadline to avoid this inconvenience. We remind our customers to register their SIMs only with the GCash app or through the official portals of their respective telco providers,” said GCash President and CEO Martha Sazon.

GCash will NEVER ask its customers to share their OTP, MPIN, or other sensitive information. SIM registration is mandated by the Philippine government under Republic Act 11934 or the SIM Registration Act. The law was enacted to combat online fraud and other forms of cybercrime.

 


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Philippines’ Marcos may discuss Taiwan in US but trade tops agenda – envoy

PHILIPPINE STAR/KRIZ JOHN ROSALES

Philippine President Ferdinand Marcos Jr may discuss tensions over Taiwan with US counterpart Joe Biden at the White House next week but the focus of talks will be on trade and investment, a top diplomat said on Tuesday.

Philippine ambassador to the United States Jose Manuel Romualdez told Reuters that Mr. Marcos would prioritize economic discussions on energy, climate and trade during his first official visit to Washington on May 1.

“China, of course, is our number one trading partner,” said Mr. Romualdez, a cousin of Marcos who also held the post in the previous administration.

“Japan is also a trading partner. And so the United States is one of those countries that we would like to be able to have more trade.”

He said the Philippines wanted the US Congress to renew its access to US trade preferences for developing economies, which expired in 2020.

The talks will be the latest in a series of high-level meetings the Philippines has held with leaders of the United States and China, which are jostling for strategic advantage in the region.

Mr. Marcos met China’s President Xi Jinping in Beijing in January and the foreign minister last week.

He may or may not discuss Taiwan with Mr. Biden, Mr. Romualdez said, but is focused on avoiding conflict.

“On a clear day, from the northern most part of the country, you can see Taiwan,” he said. “So that’s how close it is.

“Obviously it will affect us… If anything happens in Taiwan, everybody will be affected, most especially in the ASEAN (Southeast Asia) region, but the whole world.”

He said the Philippines did not want China to “feel that we are out on an offensive because of our relationship with the United States… Everything that we’re doing is purely for the defense of our country.”

China has accused the Philippines of stoking tensions by almost doubling the number of its bases that the US military can access under their defense agreement. Some of those bases face north towards Taiwan.

The treaty allies have enjoyed warmer ties since Mr. Marcos took office last June, reversing his predecessor’s anti-US stance. More than 17,000 Philippine and US soldiers are conducting their largest ever joint military drills.

Concerns are also rising about a military buildup by Beijing in the South China Sea.

Mr. Marcos said on Monday he would press Mr. Biden to make clear the extent of Washington’s commitment to protect the Philippines under a 1951 Mutual Defense Treaty, citing the “heating up” of regional tensions. – Reuters

15th Philippine Food Expo: Bringing cooking, culture, and celebrity chefs together

Catch Celebrity chefs Myke “Tatung” Sarthou, Sheilla Lopez, and Boy Logro as they share their love for Filipino cooking and showcase their latest culinary creations at the 15th Philippine Food Expo set on April 28-30 at the Mall of Asia SMX Convention Center in Pasay City.

Organized by the Philippine Food Processors and Exporters Organization (Philfoodex), the Expo is the country’s only All-Filipino Food Show which makes a much-awaited comeback after a three-year hiatus with bigger and more diverse exhibitors.

Award-winning chef and cookbook author Tatung Sarthou will talk on Food Tourism on April 28, 3:00 p.m. at a forum presented by the Far Eastern University in collaboration with the Council of Hotel and Restaurant Educators of the Philippines (COHREP). An advocate of the country’s culinary heritage, he will share his passion on preserving and defining Filipino cooking as an integral part of the tourism industry.

Meanwhile, the tandem of chefs Sheilla Lopez and Boy Logro will sizzle with cooking demos on April 30, 1:00 p.m. at their sought-after long-running Baguio Oil Cooking Series TV program.

Themed Emerging Trends in Food Trade, the biennial Expo will gather over 300 micro, small, medium to large-scale exporters involved in food manufacturing, growing, export, equipment, packaging, ingredients, additives, and allied industries in a remarkable effort to help the food & beverage industry bounce back post-pandemic.

Also championing the vital role of agriculture in the Philippine food industry, Philfoodex has tapped Mayani as the expo’s first agri-tech partner.

“Food security remains to be a pressing issue in the country. With Mayani’s presence in the expo, we hope to not just highlight the importance of sustainable food ecosystems, but also make accessible affordable produce cultivated by our local farmers. Afterall, they are our food security frontliners in this post-pandemic era,” shares Philfoodex President Ruben See.

He also noted that new home-grown medium and small enterprises born out during the pandemic, will also exhibit for the first time to expand their market reach.

“The demand for new food products and technologies in Southeast Asia has increased exponentially, which local manufacturers must be able to meet. In line with this, we are working out measures to improve our exports and manufacturing sector by partnering with our ASEAN countries for the steady supply of raw materials,” he added.

Supported by the Department of Agriculture, the event is in conjunction with the Filipino Food Month which celebrates the country’s rich culinary treasures. It will also feature the Young Farmers Challenge Program, which engages young farmers and fisherfolk in the national drive for food security and agricultural modernization.

Also slated is series of seminars on trends and updates in the hospitality industry, food tourism, and food security to help medium, small and micro enterprises improve their product, and optimize business opportunities.

Spicing up the Expo is the Culinary Challenge competition which will showcase the skills of students and faculty in the categories of Food Styling and Photography, Philippine Regional Table Setting, Kitchen Masters, PINASarap Breakfast, Healthy Pasta, Modern Filipino Dessert, and Mystery Ingredient. Judging the entries of our country’s future chefs are renowned industry experts including Chef Martin Bower, Chef Daryl Vance Sy, and Chef Robert Davis, among others.

The 15th Philippine Food Expo is backed by the Department of Trade and Industry, Union Bank of the Philippines, and the Philippine Exporters Confederation, Inc. (PHILEXPORT).

It is also in partnership with the Inquirer Group of Companies, Philippine Daily Inquirer, Inquirer.net, Inquirer Mobile, BusinessWorld, Business Mirror, Chinese Commercial News, Net 25, Exhibits Today, Digiboards, Inc., WhenInManila.com, Take Off Philippines, Eat Well ‘Pinas, Oracle Media Group, and Village Pipol Magazine.

For more information, visit www.phillippinefoodexpo.ph, search #philippinefoodexpo2023 on social media, or contact Cut Unlimited at (02) 8363-5192, 8363-4900, 8362-2266 or cut.eventsph@gmail.com.

 


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Netflix to invest $2.5-B in South Korea to make TV shows, movies

STOCK PHOTO | Image by Tumisu from Pixabay

Netflix Inc. said on Tuesday it plans to invest $2.5 billion in South Korea over the next four years to produce Korean TV series, movies and unscripted shows, doubling the amount the company has invested in the market since 2016.

The US streaming service made the announcement after a meeting between South Korean President Yoon Suk Yeol and Netflix co-CEO Ted Sarandos. Yoon arrived in Washington on Monday for a six-day state visit.

President Yoon welcomed the investment as a “major opportunity” for South Korea‘s content industry and Netflix as the country seeks to increase cultural exports and soft power.

Shares of South Korean production and entertainment companies rallied on Tuesday with Showbox and Studio Dragon up 8.75% and 2.26%, respectively, compared to the country’s smaller Kosdaq index’s 2.21% drop.

Known as the “Korean Wave” or Hallyu, South Korea‘s entertainment industry has enjoyed a global boom in recent years. Its music market, led by K-pop groups such as BTS and Blackpink, have been leading the charge.

In 2021, exports of content including music, video games and films reached a record high of $12.4 billion, according to the latest government data, leaving behind home appliances and rechargeable batteries in export volume.

“We were able to make this decision because we have great confidence that the Korean creative industry will continue to tell great stories,” Sarandos said in a statement, citing the streaming platform’s global hits produced by South Korean creators such as “Squid Game”, “The Glory” and “Physical:100”.

“Squid Game”, a 2021 release, remains Netflix‘s most-watched series of all-time, having racked up 1.65 billion hours of streaming in the first 28 days.

Netflix offered a lighter-than-expected forecast last week, as it looks to crack down on unsanctioned password sharing into the second quarter to make improvements, delaying some financial benefits. – Reuters

GM, Samsung SDI plan to build EV battery plant in US -sources

STOCK PHOTO | Image by Nerijus jakimavičius from Pixabay

 – General Motors Co. and Samsung SDI are set to announce as early as Tuesday they plan to build a joint venture electric vehicle battery manufacturing plant in the US, as the automaker diversifies its component suppliers, sources said.

An announcement would come as South Korean President Yoon Suk Yeol is in Washington to meet with US President Joe Biden.

Mr. Yoon, who has made business opportunities a cornerstone of his foreign policy visits, is accompanied on the US visit by more than 100 executives from South Korea’s biggest companies, including Samsung Electronics Executive Chairman Jay Y. Lee and Hyundai Motor Group Executive Chair Euisun Chung.

GM is diversifying its battery vendors to better secure capacity of the crucial components to support its electrification goals, as the Detroit-based company attempts to catch up with Tesla Inc..

Reuters reported in January that GM and LG Energy Solution would not move forward with a fourth US battery manufacturing plant. GM and LG Energy Solution are building a $2.6 billion plant in Michigan, set to open in 2024, one of three joint venture Ultium Cells LLC plants.

The new GMSamsung SDI plant is expected to cost more than the Michigan battery plant, the sources said, but no location will be immediately announced.

GM and Samsung SDI did not comment.

GM and LG Energy Solution have agreed on building three battery JV plants in the United States, and we would also likely have more than one battery JV plant with GM in the United States to better meet GM‘s EV battery demand and electrification goals,” a Samsung SDI source, who declined to be named because he was not authorized to speak to media, told Reuters.

The source added that the two companies are considering having a couple of battery JV plants in North America.

In August, GM and LG Energy Solution’s joint venture said it was considering a site in New Carlisle, Indiana, for a fourth US battery plant. In January, Reuters reported that GM and a new partner could still pick that Indiana site for a battery plant.

GM said last year it expects to build 400,000 EVs in North America from 2022 through mid-2024 and increase capacity to 1 million units annually in North America in 2025. Sources said GM is considering whether it will eventually need at least two additional EV plants to meet future EV demand.

South Korean media reported the potential GMSamsung SDI announcement in early March.

In May 2022, Stellantis NV and Samsung SDI announced they would invest more than $2.5 billion to build a new joint venture battery plant in Kokomo, Indiana. Stellantis and LG Energy Solution said in 2022 they would invest $4.1 billion for a joint venture battery plant in Canada.

In 2022, Biden, during a visit to Samsung in South Korea, urged the companies to “enter into partnerships” with “American union members” and said joint ventures “that manufacture electric vehicle batteries would be made stronger by collective bargaining relationships” with U.S. unions.

Shares of Samsung SDI rose as much as 1.6% on Tuesday morning versus the benchmark KOSPI’s .KS11 0.1% gain. – Reuters

SpaceX wins approval to add fifth U.S. rocket launch site

Starlink mission. SpaceX/Flickr

 – The US Space Force said on Monday that Elon Musk’s SpaceX was granted approval to lease a second rocket launch complex at a military base in California, setting the space company up for its fifth launch site in the United States.

Under the lease, SpaceX will launch its workhorse Falcon rockets from Space Launch Complex-6 at Vandenberg Space Force Base, a military launch site north of Los Angeles where the space company operates another launchpad. It has two others in Florida and its private Starbase site in south Texas.

A Monday night Space Force statement said a letter of support for the decision was signed on Friday by Space Launch Delta 30 commander Col. Rob Long. The statement did not mention a duration of SpaceX‘s lease.

The new launch site, vacated last year by the Boeing-Lockheed joint venture United Launch Alliance, gives SpaceX more room to handle an increasingly busy launch schedule for commercial, government and internal satellite launches.

Vandenberg Space Force Base allows for launches in a southern trajectory over the Pacific ocean, which is often used for weather-monitoring, military or spy satellites that commonly rely on polar Earth orbits.

SpaceX‘s grant of Space Launch Complex-6 comes as rocket companies prepare to compete for the Pentagon’s Phase 3 National Security Space Launch program, a watershed military launch procurement effort expected to begin in the next year or so. – Reuters

Russia warns again that risks of nuclear confrontation with US growing – TASS

Risks of a direct military confrontation between the two nuclear powers, Russia and the United States, are steadily growing, the TASS news agency quoted a senior Russian diplomat as saying on Tuesday.

Vladimir Yermakov, the foreign ministry’s head of nuclear non-proliferation, told the Russian state news agency that Washington is escalating the risks through its conduct with Moscow.

Since the start of its invasion on Ukraine 14 months ago, Moscow has issued regular charges against the US and what it calls “the collective West” for raising the risks of a nuclear war, rhetoric intended to deter Kyiv’s allies.

“If the United States continues to follow its current course of confrontation with Russia, with the stakes constantly escalating on the verge of sliding into direct armed conflict, then the fate of START (nuclear arms treaty) may be a foregone conclusion,” Mr. Yermakov said.

The US told Russia in March that it will cease exchanging some data on its nuclear forces following Moscow’s refusal to do so, calling it a response to Russia‘s suspending participation in the New START treaty.

Mr. Yermakov did not provide details of the alleged U.S. confrontational approach in the excerpts from the TASS interview published so far.

“The most acute threat today is associated … with the danger of nuclear escalation as a result of a direct military confrontation between nuclear powers,” Mr. Yermakov said.

“And these risks, to the deepest regret, are steadily growing.”

Moscow and Beijing will assess the West’s potential involvement in the global expansion of the US anti-missile system, which “clearly undermines strategic stability,” he added. – Reuters

Coinbase files legal challenge to push SEC to write rules on crypto

Coinbase logo | https://www.coinbase.com/

Coinbase Global Inc. filed a petition on Monday in an effort to compel the US Securities and Exchange Commission to create new rules for digital assets, the company said in a blog post, in the latest escalation of the cryptocurrency exchange’s tensions with the securities regulator.

Coinbase filed a petition for rulemaking with the SEC last year in which it urged the regulator to provide clarity on the circumstances under which a digital asset is a security and create a new market structure framework that is compatible with cryptocurrencies.

The SEC has not responded publicly to that petition, which led to Coinbase filing the legal challenge, said Coinbase Chief Legal Officer Paul Grewal in the blog post.

Coinbase and other crypto companies are facing potential regulatory enforcement actions from the SEC, even though we have not been told how the SEC believes the law applies to our business,” said Grewal.

The petition will be filed in the US Court of Appeals for the Third Circuit.

The crypto industry largely believes it operates in a regulatory gray area not governed by existing US securities laws, and that new legislation is needed to regulate the sector.

SEC Chair Gary Gensler has said cryptocurrency firms should comply with existing laws and that new crypto-specific regulations are not necessary.

Coinbase disclosed in March the firm had been told that SEC staff intended to recommend enforcement action against the company. The company said in a blog post at the time that it was willing to fight any forthcoming enforcement action in court.

In July, when Coinbase also submitted its petition for rulemaking, the firm disclosed an SEC probe into its asset listing processes, staking programs and yield-generating products. – Reuters

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