The Texas State Securities Board (TSSB) issued a cease-and-desist order against crypto trading and lending platform BlockFi alleging that BlockFi’s Interest Account (BIA) product is a security under state rules.
Dfinity's highly-anticipated Internet Computer (CRYPTO: ICP) platform found itself amid a major controversy after a class-action lawsuit been filed in California describes it as an unregistered security.
Binance, the world’s largest crypto exchange by trading volume, has been running into trouble with regulators across the globe.
What Happened: American rapper Busta Rhymes told his Twitter followers that he was now sold on Bitcoin (CRYPTO: BTC).
Excitement around psychedelics grows as major U.S. exchanges make room for more companies in the sector.
The South Korean subsidiary of the fast-food chain Kentucky Fried Chicken (KFC), owned by PepsiCo Inc. (NASDAQ: PEP), plans to launch its own non fungible tokens (NFTs) through a new partnership.
Despite a recent sector sell-off in oil and gas, a Morgan Stanley analyst cites a "consistent execution on spending" and strong excess cash flow usage "towards capital returns and debt reduction" as reasons to remain favorable.
Below is a recap of the main news related to the cannabis industry and markets for the week of July 16, 2021.
Much focus on investment comes from the private sector, particularly those of the venture capitalist persuasion. But one of the biggest investors this country has is the federal government.