Bloomberg Business

The US Securities and Exchange Commission is just getting started with its crackdown on crypto firms that refuse to abide by its rules.

German authorities detained a member of its foreign intelligence service for suspected treason after the suspect allegedly relayed a “state secret” to Russia, the federal prosecutor said in a statement Thursday.

The White House aide who testified that Donald Trump had an angry outburst at his security detail on Jan. 6, 2021 was urged in advance not to bring up the episode by a lawyer linked to the then-president’s legal team.

As Russia’s invasion nears the 10-month mark, Ukrainian President Volodymyr Zelenskiy called for more tanks, planes and money to defend the nation in a speech to the joint houses of US Congress. It was Zelenskiy’s first foreign trip since Moscow invaded on Feb. 24.

Egypt hiked interest rates by 300 basis points, the most since 2016, seeking to tackle surging inflation amid expectations of a further devaluation of the pound.

Sam Bankman-Fried arrived in a Manhattan federal courtroom to face fraud charges over the collapse of FTX, the cryptocurrency exchange he co-founded.

Germany is set to boost its reliance on coal as it battles an unprecedented energy crisis — even at the expense of its ambitious climate goals.

(Bloomberg) — Brazilian President Jair Bolsonaro signed into law the country’s first framework for cryptocurrency, with ground rules for brokerages that offer crypto as well as the assets’ day-to-day use.