US CFTC

Binance Holdings is the world's largest cryptocurrency exchange

Indian, EU authorities trying to resolve the issue: Officials

In a bid to address algorithmic amplification of harmful content on social media platforms and curb screen addiction, a new bipartisan bill has been introduced in the US Congress.

Lawmakers want agency to determine if the company engaged in deceptive conduct

The US Federal Trade Commission asked a court on Friday for more time to file an amended complaint in its antitrust lawsuit against Facebook Inc

US Federal Trade Commission, headed by Lina Khan who is known as antitrust advocate and an Amazon critic, has opened a probe into Amazon's $8.45 billion acquisition of movie and TV studio giant MGM

As chairwoman, Khan will need a majority of five-member agency to make enforcement decisions, have significant control over staff who conduct agency's competition, consumer protection investigation

The judge in the US government's antitrust case against Facebook Inc said the social media company's motion to dismiss the lawsuit "raises a number of serious challenges"

Outcome of Facebook suits will have a wide impact

"We are committed to cooperating with the US Federal Trade Commission's inquiry and answering the questions the agency may have," the social media company said in a statement

Although details of the settlement with the US Federal Trade Commission weren't announced, the fine is steep but far from devastating for Facebook.

The National Stock Exchange (NSE) is close to receiving US regulator Commodity Futures Trading Commission's (CFTC's) approval that will enable a class of hedge funds deal on its derivatives platform.Sources privy to the development said the exchange has already completed the formalities pertaining to the process and is expecting a 'no-action' letter from CFTC in the next few weeks. The development would give a green light to US-based hedge funds, who currently opt for offshore platforms such as Singapore Exchange (SGX) to deal in Indian derivatives. According to the US laws, funds which pool substantial amount of money from US citizens are allowed to invest only in derivatives that are approved by the CFTC. The license-called 'foreign part 30'-allows exchanges and entities situated outside US to solicit and accept orders from US-based funds. NSE had applied for the license more than three years ago, however, not much progress could be made before 2017 as Indian market regulator the ..

Spokesmen for HSBC, Deutsche Bank and UBS declined to comment