US OCC calls on community banks to become payment stablecoin issuers
The announcement followed the banking regulator finalizing its rules for the GENIUS Act, a stablecoin law to be implemented in January Source:Cointelegraph
Injective launches onchain futures market tracking Nvidia GPU rental costs
The new index tracks rental prices for five Nvidia GPUs, offering leveraged trading and potential hedging against fluctuations in AI computing costs.…
With the Anthropic IPO, the devil is in the details
The first draft of the AI company’s prospectus is light on details, but some things immediately leap out. Source:MarketWatch
Sorry investors, but there’s no such thing as an early ‘Santa Claus rally.’ Here’s when the real gains typically happen.
Analysts like to overhype stockmarket rallies in the fall, but the numbers show Santa only arrives once a year Source:MarketWatch
Canada opens consultation on stablecoins, citing US GENIUS Act
As part of the potential implementation of its Stablecoin Act, the Canadian government will hear from the public on a proposed framework for tokens from…
The house, the kids’ college and the raise: Where people in their 30s and 40s go wrong
Big life decisions in your 30s and 40s will determine just how well you retire. Source:MarketWatch
NBA names Kalshi, Polymarket preferred exchanges, signs CFTC deal
The US professional basketball league is expanding into prediction markets with official data agreements and safeguards against insider trading.…
Is it curtains for COLA? Saving Social Security could mean changing the cost-of-living adjustment.
Several proposals consider changing the way retirees receive inflation protection. Here’s what it could cost you. Source:MarketWatch
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…
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
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…