Economy

The decree establishes fines of up to 50 million Vietnamese dong ($1,900) for investors using unlicensed platforms, with more severe penalties for unauthorized offerings and anti-money laundering violations.

Nigerian President Bola Ahmed Tinubu signed an executive order on Friday to harmonize the regulation of virtual assets across the country's financial agencies.

Securities and Exchange Commission (SEC) has filed a lawsuit against crypto mining investment firm Mining Automatic and its founder, Zan Shaikh, alleging they raised approximately $22 million from investors through fraudulent promises.

Xiaomi has unveiled the SkyNomad N90, its first extended-range electric vehicle (EREV), marking a strategic expansion into China’s family SUV market.

General Motors is reportedly considering rebadging the Wuling Bingo EV as a Chevrolet for global markets, potentially bringing the compact electric vehicle to North America under a revived Geo Metro-inspired nameplate.