Welcome to Tech Beat, your look at the stories where technology meets the real world.
We begin with a major crackdown in the UK, where regulators have raided eight illegal peer-to-peer crypto trading hubs. The Financial Conduct Authority says these unregistered sites lacked anti-money laundering controls, creating a serious risk for financial crime. Meanwhile, the asset management giant GSR is launching its first exchange-traded fund on the Nasdaq. This new ETF will actively manage a basket of bitcoin, ether, and solana, offering investors a simplified way to gain exposure and even earn staking yields. And in a significant move for workplace surveillance, Meta has begun tracking its US employees' computer activity to train its AI. A new internal tool records clicks, keystrokes, and screenshots from work apps, with all that data feeding the company's artificial intelligence models.
That's all for this edition. Stay curious, Tech Beat out.
