Financial Regulators

The emirate of Ras Al Khaimah in the United Arab Emirates (UAE) is launching a free zone exclusively for digital and virtual asset companies called the RAK Digital Assets Oasis (RAK DAO). What Happened: The zone is designed to support emerging technologies such as blockchain, the...

Rep. Gregory Meeks (D–N.Y.) was a guest on CNBC's "Squawk Box" segment on Friday to talk about Wells Fargo & Co (NYSE: WFC)'s ongoing scandal and how financial regulators should be reacting. According to Meeks, U.S. regulators need to make sure that Wells Fargo's scandal of opening...