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BuzzFeed has announced that it will shut down its news division

BuzzFeed to close news operation

Shares in BuzzFeed, known for its viral content and journalism, plunged more than 20 percent on Wall Street following the news.
European Union flags fly outside the European Commission headquarters in Brussels

EU urges others to copy its rules for cryptoassets

The rest of the world should copy European Union rules for cryptoassets to create a robust global approach that protects consumers and financial stability, the EU's financial services chief said on Wednesday.