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SEC drops another crypto case

The main financial regulator in the US has dropped its investigation against a crypto exchange, adding further credence to the notion that there has been a seismic shift in the US’s regulation of decentralised finance (DeFi).

Nikhil Rathi reappointed as FCA CEO

UK Chancellor Rachel Reeves has confirmed that Nikhil Rathi has been reappointed as chief executive of the Financial Conduct Authority (FCA), extending his term until 2030.

Average boat price up 10% in July

Marine dealers saw more frequent new-unit sales in July, including more expensive units, as new, visually distinct boats hit the…