California targets Tesla insurance with enforcement actions

7 октября 2025 Сообщено ИИ

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.

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.

California probes Tesla insurance for unfair claims practices

6 октября 2025 Сообщено ИИ

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.

XRP holds near $3 amid ETF approvals and policy shifts

Ripple's XRP token is trading around $3.04, up 10% week-over-week, buoyed by anticipated spot ETF approvals and a supportive U.S. regulatory environment under the new administration. Institutional interest is rising, with whales accumulating tokens ahead of key decisions expected between October 18 and 25. Analysts forecast potential gains to $4.50 by early 2026.

FCC proposes eliminating ISP fee itemization requirements

The Federal Communications Commission, under Chairman Brendan Carr, is set to vote on scrapping rules that require internet service providers to list all discretionary fees on broadband price labels. This move responds to industry complaints about the burden of compliance with the Biden-era transparency measures. The proposal aims to simplify labels while maintaining core pricing information for consumers.

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.

F-Droid urges regulators to block Google's sideloading crackdown

F-Droid, a prominent open-source Android app repository, has called on global regulators to intervene against Google's tightening restrictions on sideloading apps. The organization argues that these measures undermine user choice and competition in the mobile ecosystem. This plea comes amid ongoing debates over app distribution policies.

UK lifts ban on retail access to crypto ETNs

9 октября 2025 Сообщено ИИ

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

11 октября 2025 Сообщено ИИ

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.