Reddit Plans $6B NYSE Listing; UK Allows Crypto Investments for Pros; BTC Hits New High
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Reddit seeks $6 billion valuation in upcoming New York stock exchange listing. The social network aims to sell 22 million shares at $31-$34 each.
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UK regulator to allow creation of cryptocurrency-backed investments for professional investors only, citing risks to retail consumers.
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Updates to UK inflation basket additions include air fryers, vinyl records, gluten-free bread; removals include hand sanitizer, hot chicken, bakeware.
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EU privacy watchdog rules European Commission's use of Microsoft products violated data protection laws by transferring personal data outside the EU.
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Bitcoin hits new all-time high above $71,000, extending a remarkable rally after its price slumped in the "crypto winter."