Factbox-Highlights from SEC complaint against crypto exchange Binance

By Angus Berwick (Reuters) – The U.S. Securities and Exchange Commission (SEC) on Monday accused the world’s largest crypto exchange, Binance, and its founder Changpeng Zhao, of operating an “elaborate scheme to evade U.S. federal securities laws.” The SEC charged Binance and Zhao with 13 offences, including operating an unregistered securities exchange and failing to…

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Exclusive-Musk’s Neuralink valued at about $5 billion despite long road to market

By Rachael Levy, Krystal Hu and Marisa Taylor (Reuters) – Elon Musk’s brain implant startup Neuralink, which was valued at close to $2 billion in a private fundraising round two years ago, is now worth around $5 billion based on privately executed stock trades described to Reuters by five sources with knowledge of the matter….

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US Supreme Court takes up dispute over ‘Trump Too Small’ trademark

By Blake Brittain WASHINGTON (Reuters) -The U.S. Supreme Court on Monday agreed to consider whether a California attorney’s federal trademark for the phrase “Trump Too Small” – a cheeky criticism of former President Donald Trump – should have been granted. The justices took up an appeal by the U.S. Trademark Office of a lower court’s…

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Brazilian inflation targeting changes should not affect monetary policy, Guillen says

BRASILIA (Reuters) – Changes to the Brazilian inflation targeting system should not be linked to how monetary policy is carried out, the central bank’s director of economic policy said on Monday, amid speculation of an imminent change in inflation goal timelines. Brazil has annual inflation targets, and if they are not met within a given…

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