Facebook’s hopes of launching a new virtual currency have suffered another blow, as two more financial regulators said on Tuesday they are paying close attention to the social media company’s plans. – FT
Banks in Britain are showing signs of restarting preparations for a no-deal Brexit after a lull in the shift of financial services jobs and capital from Britain to the European Union in the past few months, consultants EY said on Wednesday. – Euronews
Shares in German chemicals distributor Brenntag dropped 4.4% on Wednesday with traders citing a media report that the company sold substances to Syria that could go into chemical weapons, among other uses. – Reuters
Apple acquired autonomous-driving startup Drive.ai on Tuesday, according to multiple reports. – Axios, San Francisco Chronicle.
Nike cancelled the sale of a line of limited-edition sports shoes in China after their Japanese designer expressed support for protests against a proposed bill that would enable extradition to the mainland, highlighting the political risks for western businesses operating in the country. – FT
The UK’s South West Regional Cyber Crime Unit (SW RCCU) in a joint operation with the Dutch police (Politie), Europol, Eurojust and the UK’s National Crime Agency (NCA) has arrested 6 individuals after a 14-month long investigation into a €24 million cryptocurrency theft. – CD
As of 1st July, the provision of the new Swiss gambling law which restricts online gambling to a few authorised Swiss-based casinos comes into effect. – CD
