Meanwhile, GENIUS However, last year’s crypto legislative success in converting the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act into law is still an ongoing focus of the Treasury and banking regulators assigned to implement it. Pettit, who had a hand in creating the GENIUS Act as a…
Goodyear Tire & Rubber jumps 9% after ten-session slide (GT:NASDAQ)
Justin Sullivan/Getty Images News Shares of The Goodyear Tire & Rubber Company (GT) rallied just over 9% today, rebounding sharply after ten consecutive sessions of losses. The tire and rubber manufacturer finished at $5.49, up $0.47 from the prior close. Overall, the stock has fallen Seeking Alpha’s Disclaimer: This article…
Running in place? Planet Fitness faces membership shrinkage as rivals gain ground
Running in place? Planet Fitness faces membership shrinkage as rivals gain ground Source link
‘Big Six’ Canadian banks join global push for commercial bank deposit tokenization
Six of Canada’s largest banks are exploring a Canadian-dollar tokenized deposit system designed to move money faster between financial institutions and eventually connect with other digital asset initiatives, TD Bank announced Tuesday. Bank of Montreal, Canadian Imperial Bank of Commerce, National Bank of Canada, Royal Bank of Canada, Scotiabank and…
Vanguard U.S. Multifactor ETF declares quarterly distribution of $0.6047
Vanguard U.S. Multifactor ETF declares quarterly distribution of $0.6047 Source link
Agency’s chief crypto counsel illuminates path for custody
Once the idea is cleared by the Office of Management and Budget at the White House, the agency can formally propose it and take comment from the industry and public. Meanwhile, Lindman cited the agency’s staff statement in December that was meant as an interim approach to steer broker-dealers on…
Jinxin Technology Holding Company GAAP EPS of -$0.03, revenue of RMB 142.1M
Jinxin Technology Holding Company GAAP EPS of -$0.03, revenue of RMB 142.1M Source link
ECB seeks tighter MiCA rules to block indirect stablecoin yields and protect bank deposits
The European Central Bank (ECB) and the European Union’s national central banks want crypto platforms to be prevented from using lending, borrowing, staking and other products that offer indirect returns on stablecoin holdings. “Electronic money is intended to be used for making payments and not as a means of saving,”…
Lantheus gains approval of Bravnesta, generic competitor to Lutathera
Waldemarus The US FDA has granted final approval to Lantheus Holdings’ (LNTH) Bravnesta (lutetium Lu 177 dotatate), a bioequivalent to Novartis’ (NVS) radiopharmaceutical to Lutathera. Bravnesta is used for the treatment of adult patients with somatostatin receptor-positive gastroenteropancreatic neuroendocrine tumors. Bravnesta Source link
Idaho Copper gets Forest Service approval to begin drilling at CuMo project (COPR:NYSE)
FactoryTh/iStock via Getty Images Idaho Copper (COPR) rises 7% pre-market Tuesday after saying it received approval from the U.S. Forest Service for its exploration plan of operations and 2026 annual operating plan at its flagship CuMo copper-molybdenum-silver project in Idaho. Idaho Copper (COPR) said the USFS Source link