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Japan gaming firms reject Apple and Google fees, 40% choose web payments
A Nikkei survey has found that 40% of Japan’s top mobile game developers are finding ways around the high payment processing fees demanded by Apple and Google. The challenge to the two tech behemoths’ dominance is further encouraged by a new law set to take effect in 2025. Google and Apple may have cornered the […]Cryptopolitan
Nov 15, 2024
What to expect when UK, long-term US ally, announces details of crypto regulation
The UK is set to announce a crypto regulatory framework that it expects to encourage growth and financial stability. The framework will have two legislations, one focused on stablecoins and the other to provide clarity for staking services. The UK’s push for the legislation follows a cascade of financial regulation milestones sparked by the US […]Cryptopolitan
Nov 15, 2024
SEC Chair Gensler hints at resignation amid lawsuit from 18 states accusing the regulator of unlawful overreach
In a filing on Thursday, 18 states, along with the DeFi Education Fund, issued a lawsuit against the Securities and Exchange Commission (SEC), alleging that the regulator's crackdown on the crypto industry has been unlawful and unconstitutional.
Fxstreet
Nov 15, 2024
Former CFTC Chairman: “I already cleaned up Gary Gensler’s mess at CFTC and don’t want to have to do it again at the SEC”
Former chairperson of the Commodity Futures Trading Commission, Chris Giancarlo, has refuted rumors circulating the internet that he will take over office when the current Securities and Exchange Commission chair, Gary Gensler, leaves office.Cryptopolitan
Nov 14, 2024
Senator Lummis proposes swapping Federal Reserve’s gold for Bitcoin reserves
Senator Cynthia Lummis has a plan. In a sweeping move that would upend the U.S. financial status quo, the Wyoming Republican wants the Federal Reserve to trade part of its gold stash for Bitcoin. That’s right — ditch gold, buy Bitcoin. The idea, which Lummis plans to introduce in Congress next year, would create a […]Cryptopolitan
Nov 14, 2024
Trump-backed WLFI embraces Chainlink to boost DeFi data and cross-chain connectivity
Donald Trump backed the decentralized finance (DeFi) project, World Liberty Financial (WLFI) said it would integrate Oracle Chainlink for on-chain data and cross-chain interoperability. In an official announcement, the protocol said that tapping Chainlink technology will allow its project to better integrate with the crypto ecosystem. The project, which enjoys the support of Trump and […]Cryptopolitan
Nov 14, 2024
European stocks underperform the S&P 500 by the largest margin in 29 years
According to market analytics firm Barchart, European stocks are on the path to underperforming the S&P 500 on the hugest scale since 1995, marking the greatest margin between the two stock markets in 29 years. Bloomberg data confirmed this, indicating that the S&P 500 has skyrocketed by over 25% while the European Stoxx 600 has only managed 5%.Cryptopolitan
Nov 14, 2024
Foxconn in robust Q3 performance driven by strong demand for AI servers
Foxconn, the world’s largest contract electronics maker reported better-than-expected third quarter financials on firm demand for AI servers. The Taiwanese firm saw a 14% rise in quarterly profit driven by strong demand for AI. servers. This comes on the back of a record third-quarter revenue as the company, last month, indicated quarterly revenue jumped 20% […]Cryptopolitan
Nov 14, 2024
