Cryptocurrency exchange Coinbase is reducing its workforce by about 20 per cent in its third round of layoffs in a year, meaning 950 employees will be out of a job. Plus, the House of Commons’ transport committee wants to include some passengers on its witness list as it investigates recent holiday travel chaos. Anne Gaviola has more on today’s top business news stories.
- U.S. regulators sue Coinbase, joining Binance as crypto exchanges under scrutiny
- Coinbase to slash 20% of workforce amid ‘crisis of confidence’ in crypto