The Philippine SEC has requested that Google and Apple remove Binance apps from their app stores. The regulator claims that Binance is offering unregistered securities and operating illegally in the Philippines, posing a threat to investors' funds. The SEC believes blocking access to Binance through app stores will protect Filipinos from financial harm.
The SEC's new rule mandates certain U.S. public companies to disclose climate risks and greenhouse gas emissions, fostering transparency in climate-related matters. However, the final rule excludes reporting of "Scope 3" emissions, a significant aspect of a company's carbon footprint. While aimed at providing investors with relevant information, the rule's lack of inclusivity limits its effectiveness. Challenges to the rule are expected due to the SEC's perceived authority over climate issues.
UK exchanges receive approval to offer ETNs backed by cryptocurrencies, including Bitcoin and Ethereum. These products are deemed high-risk and only suitable for professional investors. Retail investors may consider managed funds to gain exposure to cryptocurrencies.
