South Korea lawmakers mull pushing crypto tax implementation to 2029
The Seoul government is reportedly weighing another delay for a 2020 income tax policy on digital assets, citing concerns with receiving data from US…
‘You need only watch episodes of Judge Judy’: I’m in my 70s. Why do people keep making the same avoidable financial mistakes?
“Consider some familiar examples of poor decisions: accumulating creditcard debt or failing to plan for retirement.” Source：MarketWatch
This strategist says it’s a matter of when, not if, the AI bubble pops. Here’s how to prepare for that.
TS Lombard says the AI investment theme is a bubble destined to pop. What investors shouldn’t try to do is time when that will happen. Source：MarketWatch
NBA joins pro sports leagues on CFTC prediction markets bandwagon while NFL balks
The U.S. derivatives regulator, which has championed the arrival of prediction market firms such as Kalshi, has been gathering allied sports leagues.…
Kalshi strikes deal with S&P Dow Jones Indices to expand financial event contracts
The agreement adds S&P Dow Jones gauges to a growing list of Wall Street firms expanding their involvement in prediction markets. Source：Cointelegraph
OCC calls on community banks to enter the stablecoin payments market
The U.S. banking regulator is encouraging smaller lenders to develop stablecoin services as new federal licensing requirements approach. Source：CoinDesk
South Korea weighs fourth delay on its crypto gains tax, pushing it to 2029
Officials are concerned users of domestic exchanges would bear the tax burden because the U.S. won’t share crypto trading data until 2029. Source：CoinDesk
Two stock picks to capitalize on Wall Street’s misguided AI fears
Sowmdeb Sen of Silvant Capital Management highlights companies poised to benefit from the acceleration of AI spending. Source：MarketWatch
PHP flaw shows AI ‘vulnerability apocalypse’ is on schedule: Immunefi CEO
Mitchell Amador warned internet users that websites could remain compromised for weeks, particularly smaller websites slower to adopt the emergency upgrades.…
Canada opens consultation on draft stablecoin rules, maintains ban on yields
Under the draft rules, nonbank stablecoin issuers must back tokens 1:1 with reserves held at qualified Canadian institutions and settle redemptions within…
The excitement around Moderna’s cancer vaccine is cooling. Here’s why.
Investors had “incredibly high” expectations around the Phase 3 data for the drugmaker’s experimental cancer treatment. Source：MarketWatch
Retail investors are getting cold feet about stocks, just when the market needs them most
Last week’s carnage for hedge funds highlighted the relative decline in trading activity among retail investors. Source：MarketWatch