Regulation
Tesla's cybercab may include steering wheel amid regulations
Nicole Parks Larawang ginawa ng AI
Tesla's board chair Robyn Denholm indicated that the company's upcoming Cybercab robotaxi might feature a steering wheel and pedals to comply with U.S. safety regulations. This potential change contrasts with the vehicle's original design as a fully autonomous two-seater without manual controls. Production is slated for 2026, but regulatory limits could restrict deployment without such adaptations.
Tesla's full self-driving revenue falls in third quarter
Tesla reported a decline in revenue from its Full Self-Driving software in the third quarter compared to the previous year. The company's CFO noted that only about 12% of Tesla owners are paying for the service. Despite challenges, CEO Elon Musk remains optimistic about its transformative potential.
NHTSA probes Tesla's Mad Max mode in Full Self-Driving
The U.S. National Highway Traffic Safety Administration has launched an investigation into Tesla's new 'Mad Max' mode for its Full Self-Driving system, amid concerns over aggressive driving behaviors. The mode, part of a recent firmware update, allows vehicles to exceed speed limits and perform spirited maneuvers. Regulators emphasize that drivers remain fully responsible for vehicle operation.
Finance minister explains reasons for issuing PP 38 of 2025
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October 29, 2025 16:03Austrac fines crypto ATM operator Cryptolink in scams crackdown
October 29, 2025 02:30Oklahoma oil wastewater purges persist despite regulatory efforts
October 28, 2025 23:34Kenyan MP pushes bill to require degrees for influencers
October 28, 2025 23:32Fintechs and nonbanks pursue crypto custody charters
October 28, 2025 22:55French lawmakers oppose digital euro and endorse bitcoin
October 27, 2025 03:56Trump nominates Mike Selig to lead CFTC
October 26, 2025 21:59XRP cryptocurrency faces potential price correction
October 24, 2025 20:49Addis Ababa seals nearly 3,000 shops for lease violations
Trump nominates Mike Selig to chair the CFTC
Chris Blake Larawang ginawa ng AI
President Donald Trump has nominated Mike Selig, chief counsel of the SEC's crypto task force, to lead the Commodity Futures Trading Commission. The selection follows the withdrawal of previous nominee Brian Quintenz amid opposition from crypto donors Tyler and Cameron Winklevoss. If confirmed, Selig would oversee the agency's expanding role in regulating the $4 trillion crypto market.
Crypto.com applies for OCC national trust bank charter
Singapore-based cryptocurrency exchange Crypto.com has filed an application with the U.S. Office of the Comptroller of the Currency for a national trust bank charter. The move aims to expand its federally supervised custody services for institutional clients. This follows similar efforts by firms like Coinbase and Circle in 2025.
Nigeria exits FATF grey list after key reforms
Nigeria has been removed from the Financial Action Task Force (FATF) grey list, ending over two years of scrutiny for money laundering and terrorist financing risks. The delisting follows Central Bank of Nigeria-led reforms implementing anti-money laundering measures. This step restores confidence in the country's financial system and eases international transactions.
Colorado audit finds many cannabis flower THC labels overstated; concentrates largely accurate
Heather Vogel Larawang ginawa ng AI Fact checked
A statewide analysis led by the University of Colorado Boulder found that about 43% of cannabis flower products sold in Colorado listed THC levels outside the state’s ±15% accuracy threshold—most overstating potency—while 96% of concentrates matched their labels. The results point to a need for tighter testing and clearer packaging to bolster consumer trust.
NHTSA contacts Tesla over Mad Max self-driving mode
The National Highway Traffic Safety Administration has reached out to Tesla for more details on its newly released 'Mad Max' mode in the Full Self-Driving system, amid ongoing probes into traffic violations. The mode, which enables higher speeds and frequent lane changes, has drawn scrutiny for potentially defying speed limits and safety laws. This development follows Tesla's revival of a feature first teased by Elon Musk in 2018.
African countries advance cryptocurrency regulations amid growing adoption
Several African nations are implementing new laws to regulate cryptocurrencies as adoption surges across the continent. Ghana's central bank announced that comprehensive crypto regulations will be in place by the end of 2025. This move positions Ghana alongside nine other countries providing legal frameworks for crypto investors and businesses.
Corporate crypto exposure becomes practical for public companies
Public company boards have long viewed corporate involvement in cryptocurrency as too volatile, complex, and unclear under U.S. accounting rules. However, recent changes by regulators and standard-setters have made crypto ownership more feasible for balance sheets under generally accepted accounting principles.