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Institutions Hesitate on Tokenized Stocks
Wall Street pushes blockchain-based equities with 24/7 trading, but institutional investors remain cautious over liquidity and instant settlement risks.
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JERA Secures LNG Amidst Middle East Supply Concerns
Japan's JERA is exploring additional LNG purchases to hedge against escalating Middle East supply risks, despite assurances of short-lived price spikes.
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Brazil's Top Fintechs Warn Stablecoin Tax Threatens Innovation, Constitution
Major Brazilian industry groups representing over 850 companies are challenging a proposed tax on stablecoin transactions, citing legal and economic threats.
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Federal Court Blocks Custodia Bank's Fed Master Account Bid
A federal court has ruled against Custodia Bank's attempt to secure a Federal Reserve master account, reinforcing the Fed's authority over payment system access.
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Adobe Settles $75 Million Lawsuit Over Deceptive Subscription Practices
Adobe agrees to a $75 million settlement and free services to resolve U.S. government claims of hidden fees and difficult subscription cancellations.
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IJM Board Rejects Sunway's $2.8 Billion Takeover Bid
Malaysia's IJM Corp board urges shareholders to reject Sunway's $2.8 billion takeover offer, citing an independent adviser's assessment of the price as unfair and unreasonable.
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Bitcoin Policy Institute to Scrutinize Fed's Bitcoin Risk Proposal
The Bitcoin Policy Institute will review the Federal Reserve's upcoming proposal on bank capital requirements for Bitcoin, potentially reshaping how U.S. banks engage with the cryptocurrency.
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Winter Storms Loom: Will They Drive Up Gas Prices Again?
As winter storms approach, consumers brace for potential spikes in gasoline prices, following recent geopolitical events and historical weather impacts.