Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Kirsten is still out doing Kirsten things, so I (Rebecca Bellan) will continue to pass along all the tech mobility news that’s fit to print. It’s been […]
SpaceX sues California agency, alleging political bias against Musk and regulatory overreach
SpaceX has filed a lawsuit against a California agency this week after the body rejected a proposal to increase the company’s launches from the state’s coastline to 50 per year. The California Coastal Commission (CCC) made its decision at an October 10 meeting, despite the U.S. Air Force endorsing the plan on the grounds that […]
SpaceX calls out ‘superfluous’ regulatory delays holding up Starship flights
SpaceX has launched its most public and aggressive offensive against regulators to date, with a blog post published Tuesday urging more expeditious launch licensing — lest the country lose its place as the leader in the global space race. Orbital launch is a tightly regulated industry governed chiefly by the Federal Aviation Administration, though to […]
Binance restarts services in India after seven-month regulatory halt
Binance, the world’s largest cryptocurrency exchange, has resumed operations for users in India after a seven-month hiatus imposed by local authorities for alleged illegal operations in the country. The exchange said Thursday it has registered as a reporting entity with India’s Financial Intelligence Unit (FIU), a government agency tasked with scrutinizing financial transactions. India had […]
Paytm loss widens and revenue shrinks following regulatory clampdown
Paytm’s loss widened even as revenue declined by 36% year-on-year as the once-poster star of Indian startup ecosystem continues to grapple with the Reserve Bank of India’s clampdown that significantly curtailed the payments bank business unit. The Noida-headquartered firm’s loss more than doubled to $ 100 million in the quarter ending June, it disclosed Friday. […]