The UK’s competition regulator has launched a broad antitrust investigation into Microsoft’s business software ecosystem, opening a new front in growing regulatory scrutiny of how cloud platforms, productivity software, and embedded AI capabilities may affect competition in enterprise technology markets.
UK’s Competition and Markets Authority (CMA) said in a statement that it had opened a Strategic Market Status (SMS) investigation into Microsoft’s business software operations under the country’s new digital markets regime.
The regulator said it will assess whether Microsoft has “substantial and entrenched market power” and a “position of strategic significance” in business software markets.
“The investigation will assess whether Microsoft is using its position in business software to limit competition in cloud services, cybersecurity, communications, and AI,” the regulator said in a statement.
The case is the fourth strategic market status (SMS) investigation the regulator has opened
The post Victims of Iran Attacks Seek Court Order for Turnover of $344 Million in USDT Frozen by Tether appeared on BitcoinEthereumNews.com.
TLDR: Terrorism victims filed a Manhattan court motion targeting 344 million USDT frozen in IRGC-linked wallets. Plaintiffs cite past FBI seizure cases where Tether burned and reissued USDT to law enforcement wallets. Creditors seek to enforce $2.42 billion in compensatory and punitive terrorism judgments against Iran. Jurisdiction over Tether rests on its New York-based reserves managed through Cantor Fitzgerald. U.S. terrorism judgment creditors filed a motion in Manhattan federal court Thursday, seeking the turnover of over $344 million in USDT. The frozen funds are held in OFAC-blocked wallet addresses linked to Iran’s Islamic Revolutionary Guard Corps. The plaintiffs want Tether to zero out those balances and reissue equivalent tokens to them. The case could set a notable precedent for crypto asset enforcement in terrorism-related judgments.
The post BofA Exits GBP Trade As UK Political Uncertainty Deepens Sterling Selloff appeared on BitcoinEthereumNews.com.
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Source: https://bitcoinworld.co.in/bofa-exits-gbp-trade-uk-political-uncertainty/
The post Euro rallies above 0.8700 against the British Pound as UK political turmoil worsens appeared on BitcoinEthereumNews.com.
The Euro (EUR) rallies for the second consecutive day against an ailing British Pound (GBP) on Friday, crushed by growing political uncertainty in the UK. The cross reached fresh five-week highs above 0.8720 earlier on the day and is heading for a 0.75% weekly appreciation, its best performance in the last eight months. Traders are selling the Pound across the board, following the resignation of the UK Health Secretary, Wes Streeting, the last of a series of resignations, following the disastrous Labour results at last week’s local elections. Streeting affirmed on Thursday that he “lost confidence” in UK Prime Minister Keir Starmer, which has increased his isolation. Starmer has pledged to remain in charge, but his position grows weaker by the minute. Calls to resign have been mounting, and some Labour lawmakers are moving to replace him, with the Mayor of G
Nigel Farage has come under renewed scrutiny in the United Kingdom after reports linked a £1.4 million property purchase to a multimillion-pound personal payment from crypto investor Christopher Harborne, adding to existing concerns over the Reform UK leader’s financial ties…
British Parliament’s standards watchdog is investigating Reform UK leader Nigel Farage over a previously undisclosed $6.3 million gift from cryptocurrency investor Christopher Harborne. Farage Cites ‘Personal Security’ Defense The British Parliament’s standards watchdog has launched an investigation into Reform UK leader Nigel Farage over a $6.3 million (£5 million) gift from a billionaire cryptocurrency investor, […]
Wispr AI's rapid valuation surge highlights potential investor optimism but raises questions about sustainability and market fundamentals.
The post Wispr AI in talks to raise $260M at $2B valuation, led by Menlo Ventures appeared first on Crypto Briefing.
