Circle Internet Group Inc.’s blockbuster initial public offering has lent an aura of legitimacy to digital clones of fiat currencies. It has also put regulators and policymakers on notice. With crypto going mainstream, they need to assess the threat it poses to global financial stability.

The IRS on Thursday extended for an additional year its waiver of penalties on brokers who haven’t complied with regulations that require backup withholding of taxes on digital-asset transactions.

Coinbase Global Inc. added David Plouffe, a long-time Democratic strategist, to the US crypto exchange’s global advisory council.

Big data centers connecting to power grids is now one of the greatest near-term risks to reliability, according to a rare warning by the US agency charged with overseeing the sector.

Tower, 4 p.m. bond trades, staked Ether ETFs and on-cycle recruiting.

Digital asset-exchange platform Zora Labs Inc. sued Deloitte Consulting LLP over its use of the “Zora” trademark for its new “digital workforce” AI platform.

The EV maker’s CEO said the service will ‘tentatively’ start on June 22 but could shift due to safety reasons.

The SEC asked a federal judge to pause a legal fight over its contentious market surveillance tool, pending the agency’s review of potential changes to the system under Chairman Paul Atkins.

GameStop Corp., the largest standalone video-game retailer in the US, will focus on growing its trading card business, Chief Executive Officer Ryan Cohen said at the company’s annual shareholder meeting Thursday.

Rocket Pharmaceuticals Inc. overhyped its treatment for a rare genetic disorder before revealing a patient from its clinical trial had died and that a federal agency had placed a hold on the study, resulting in major losses for investors, a lawsuit said.

Coinbase Global Inc. added David Plouffe, a long-time Democratic strategist, to the US crypto exchange’s global advisory council.

Big data centers connecting to power grids is now one of the greatest near-term risks to reliability, according to a rare warning by the US agency charged with overseeing the sector.

Vermont Gov. Phil Scott Thursday signed into law legislation that will put privacy and safety guardrails on services accessed by kids. The Age-Appropriate Design Code will require companies to implement strict data collection processes and restrict access to addictive features like push notifications.

Microsoft Corporation wants a federal court to back its statements that it has not and will not infringe on a patent for multi-factor authentication software owned by a San Francisco cybersecurity company.

Temu and its parent company are unlawfully collecting users’ sensitive information and deceptively misleading consumers, according to a new lawsuit Thursday from Nebraska’s Republican attorney general.

Bradford Health Services, which provides substance abuse treatment and recovery services in the Southeastern US, failed to timely inform patients of a data breach, according to a proposed class action.

President Donald Trump and his allies are pursuing an alternative strategy to defend against mounting court orders blocking his policies: Raise the financial stakes for those suing the administration.

Numerous of its high profile attorneys have announced their departures from Paul Weiss, many in direct response to the pro bono deal it struck with the Trump administration to avoid a punitive executive order. But on today’s episode of our podcast, On The Merits, Bloomberg Law reporters Roy Strom and Justin Henry explain why this is a setback for Paul Weiss, but not a catastrophic one.

The Minnesota government remains barred from enforcing its law prohibiting certain price hikes on generic drugs after a federal appeals court on Thursday upheld a lower court’s preliminary injunction on the state statute.

Attorneys representing Democratic board members at a federal credit union regulator squared off with the Trump administration over whether the agency’s governing statute allowed the president to fire them without cause.

The Federal Circuit ruled that mobile check-scanning patents owned by the financial services company USAA, underpinning a pair of multi-million verdicts against PNC Bank NA, are abstract and invalid.

Union Pacific Railroad Co. must face a lawsuit over removing an employee from service based on his blurred vision, because it’s second fitness-for-duty denial was a fresh adverse act saving it from being time-barred, the Eighth Circuit ruled.

Lawyers for Harvard University urged a federal judge to ensure that the Trump administration won’t impose alternative restrictions on the school’s enrollment of foreign students after the government’s earlier efforts were blocked.

The Georgia Supreme Court expressed skepticism Thursday toward local tax assessors’ argument that binding precedent requires that an apartment complex funded by low-income housing credits can’t be valued based on its potential income.