Politics

Florida Republican could turn U.S. political vector, The Hill

Florida Governor Ron DeSantis, who burst onto the political scene in 2018, is rated as one of the most promising candidates for the U.S. presidency in the next election.

DeSantis has earned popularity after a "brazen veto" of the Democrats' plan to implement a redistricting process.

DeSantis also has the support of many celebrities. Tesla CEO Elon Musk said in mid-June that he might support the incumbent Florida governor in the presidential election in 2024.

Hyundai has released a "copy" of the Tesla - Reuters

Hyundai Motor Co. on Thursday unveiled its first electric sedan, the Ioniq 6. The South Korean automaker expects the electric car to help it capture a larger share of the EV market, including poaching Tesla customers.

Bank of America has no plans to offer crypto services

BofA CEO Moynihan said that the company will not offer services related to cryptocurrency in the near future. However, he acknowledged the importance of digital payments in today's economy. According to Moynihan, the main obstacle to the crypto industry is regulatory problems. The SEC is suspicious of companies offering cryptocurrency

SEC Warns FTX Against Repaying Creditors in Cryptocurrency: A Detailed Analysis of the Legal and Financial Implications

The recent developments surrounding the now-defunct cryptocurrency exchange FTX have drawn significant attention, especially concerning the United States Securities and Exchange Commission's (SEC) warnings regarding the repayment of creditors in stablecoins and other cryptocurrencies. This issue brings to light the complexities and potential legal battles that could arise as FTX

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