UK lifts ban on retail access to crypto ETNs

October 09, 2025 An Ruwaito ta hanyar AI

The UK's Financial Conduct Authority has ended its four-year ban on retail investors accessing bitcoin and crypto exchange-traded notes, effective October 8, 2025. This allows firms to offer these products on approved exchanges like the London Stock Exchange. The move could boost the UK crypto market by up to 20%, according to research.

UK antitrust regulator targets Google's search dominance

October 11, 2025 An Ruwaito ta hanyar AI

The UK's Competition and Markets Authority has designated Google with strategic market status in search and search advertising, confirming its substantial market power. This step under the new digital markets regime could lead to interventions promoting competition. Google has objected, highlighting its economic contributions to the UK.

Tesla seeks approval for self-driving tests in Australia

Tesla has applied to Australian regulators for permission to test its Full Self-Driving technology on public roads. The move aims to expand the electric vehicle maker's autonomous features beyond the United States and China. Local news from Ipswich highlights growing interest in the technology Down Under.

FINRA survey highlights crypto investors' fraud vulnerability

New findings from the FINRA Investor Education Foundation reveal that crypto and meme stock investors are more likely to fall for fraudulent investment offers. Younger and less experienced investors show heightened susceptibility. The report coincides with the rapid growth of tokenized stocks, raising concerns about regulatory protections.

Tesla encourages drowsy drivers to activate full self-driving

Tesla has begun urging drivers who feel sleepy to use its Full Self-Driving (FSD) feature, according to a recent software update. This recommendation has raised alarms among safety advocates, who warn that the technology still requires active supervision. The move highlights ongoing debates about the capabilities and risks of Tesla's autonomous driving systems.

California probes Tesla insurance for unfair claims practices

October 06, 2025 An Ruwaito ta hanyar AI

The California Department of Insurance has launched an investigation into Tesla's insurance unit for alleged unfair practices that have harmed policyholders. The probe accuses the company of delays in claims processing and unreasonable denials. Potential fines could reach millions due to thousands of violations since 2019.

California targets Tesla insurance with enforcement actions

October 07, 2025 An Ruwaito ta hanyar AI

California's insurance regulator has launched enforcement actions against Tesla Insurance and its former underwriter for repeated failures in handling policyholder claims. The companies face potential license suspension, revocation, and hefty fines if they do not resolve outstanding issues. Complaints have surged since 2022, highlighting delays, denials, and staffing shortages.

CF Benchmarks forecasts Bitcoin reaching $148,500 by year-end

A new report from CF Benchmarks predicts Bitcoin will rise 20% to $148,500 by the end of the year, driven by regulatory changes and institutional demand. It also expects the number of crypto exchange-traded funds to double to 80, with stablecoin assets hitting $500 billion in 2026. These projections come amid a supportive US policy environment and monetary easing.

Germany bans Tesla Cybertruck over safety concerns

Germany has prohibited the import of Tesla Cybertrucks, even for U.S. military personnel stationed there, due to pedestrian safety and structural issues. The decision highlights clashes between the vehicle's futuristic design and European Union regulations. Meanwhile, the U.S. Air Force is considering the truck for munitions testing targets.