Why McDonalds, Microsoft and Google saying no to tokenized stocks isn't a dealbreaker
Some of the world's biggest companies objected to being listed on the first tokenized securities trading venue under the SEC's innovation exemption. But the…
Argentina drops criminal probe into President Milei over crashed memecoin LIBRA
The judge found that Milei's promotion of LIBRA did not constitute fraud, despite the attention his support drew to the token. Source:CoinDesk
Wells Fargo, Cisco, Marvell among latest firms objecting to OKXICE's tokenized stock plan
Six more companies have objected to listing tokenized versions of their stock on the venue, Reuters reported, bringing the total to 22. Source:CoinDesk
My niece’s college rent is covered by a 529 plan. What else can I pay for tax-free?
“We worked out a monthly budget of $1,500 for her share of rent, utilities and food, including groceries and meals on campus.” Source:MarketWatch
AI fever ignites a boom in thematic ETFs as fund managers hunt for their next big hit
The runaway success of the artificialintelligence trade has left investors hungry for the next big market theme. Wall Street fund managers are happily obliging…
U.S. Clarity Act failure gives Asia and Middle East a competitive edge, says Apex Group CEO
Apex Group CEO Peter Hughes warned that the failure of the U.S. Clarity Act will drive digital asset businesses toward fastermoving jurisdictions in Asia and…
‘Non-answers’ aren’t working. This is what investors really need from the Fed.
What really matters to investors, economists say, is for Fed Chairman Kevin Warsh to prove he can successfully communicate the central bank’s strategy.…
Franklin Templeton adds $150 million in fund shares to XRP Ledger, all in one wallet
Two subscriptions on Thursday nearly quadrupled the fund’s tokens on the network. The receiving wallet shares its authorized signers with the issuer.…
Will Anthropic pull off a November IPO? Time is running out to file key paperwork.
If market pressures keep building, Anthropic “could reasonably decide it is better to stay private and wait for a better opportunity,” one portfolio manager…
Investors piled a record sum into a leveraged semiconductor ETF last week. Things didn’t work out.
Traders making bullish bets on chip stocks are getting walloped this month, as renewed fears emerged about investment returns on the buildout of artificial…
Wells Fargo and five others object to OKX-ICE tokenized stock listings: Report
As of Friday, 22 companies had filed objections as part of the joint venture’s proposed tokenized stock platform under the SEC’s innovation exemption.…
IRS plans lower tax disclosure penalties, including for crypto: Forbes
The US tax agency is targeting faster resolutions and more flexible payment options for taxpayers voluntarily disclosing past tax violations under a planned…