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SEC resurrects U.S. crypto custody rule to restrict where investment advisers can hold client crypto assets
The U.S. Securities and Exchange Commission (SEC) is reviving a crypto custody rule that the previous administration failed to implement. The regulator had attempted in 2023 to narrowly restrict the places investment advisers could park clients' crypto assets, but the details of the new approach remain undisclosed.
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24H Trending
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Robot baristas and K-pop dancers lead South Korea's physical AI boom
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Goldman Sachs Strategists: Expect AI capital expenditure growth to slow in 2027, with earnings growth decelerating from 30% at that time.
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Goldman Sachs Analysts: US Stock Bull Market "Only Has One Trade Left" – AI, Market Concentration Risk Intensifies
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Solidigm, a subsidiary of South Korean company SK Hynix, may list in the U.S. with a valuation of up to $150 billion.
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Lookonchain: An anonymous trader gained over $1.05M in unrealized profit from a $2.9M STRK long position opened yesterday
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Al Jazeera Analysis: Gaza War Driving Israeli Politics Rightward, Extreme Rhetoric Increasing Ahead of Elections
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London copper futures closed at $14,622 per ton on Friday, near historical highs; UBS reiterated its bullish stance, while JPMorgan Chase warned that strikes at Chilean copper mines could lead to production cuts.
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Foreign ownership of Samsung Electronics falls to 18-year low of 46.37%, SK Hynix holdings also drop below 50%
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Goldman Sachs Strategists: U.S. Stock Market Breadth Narrowest Since Dot-Com Bubble, But Expect Market to Rise by Year-End
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NVIDIA is in talks to acquire U.S. AI startup Reflection AI, valued at $25 billion.
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