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Crypto

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Crypto

The U.S. SEC files a court opinion in support of the CFTC and opposes the decision to revoke the approval of perpetual futures trading on individual stocks.

The U.S. Securities and Exchange Commission (SEC) submitted an amicus brief to the court in support of the Commodity Futures Trading Commission (CFTC)’s decision to approve U.S. individual stock perpetual futures trading. Previously, the Capital Markets Alliance (CMA), an industry association including Cboe and Citadel Securities, filed a lawsuit, arguing that such products should be regulated by the SEC and that the CFTC’s approval violated the Administrative Procedure Act, requesting the court to revoke the relevant approval. The SEC refuted the accusation that the CFTC acted beyond its authority, emphasizing that the CFTC’s rule changes are also subject to SEC review and that the two agencies continue to cooperate in regulating individual stock perpetual derivatives. Crypto industry companies such as Coinbase, Kalshi, and Kraken parent company Payward jointly submitted submissions in support of the CFTC. The listing of U.S. individual stock perpetual futures applied by three companies was deemed approved on November 2. (The Block)

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Finance

[Titanium Morning News] To maintain the smooth operation of financial markets such as stocks, bonds, and foreign exchange, the central bank issued an important report; Tencent’s new search product Yuanbao Search is officially launched; the Apple support community will be permanently closed on November 20

JD.com internally tests independent short drama products; Token becomes an independent category on Tmall Double 11 for the first time, with large model manufacturers offering 50% off today; Zhang Xue Motorcycle's 100,000th production vehicle rolls off the production line; Musk: SpaceX has ordered HJT equipment with an annual production capacity of 100GW from Singulus to create a "smart sun"; Anthropic disclosed a new transaction of more than 10 billion US dollars; China will accelerate the deep integration of "artificial intelligence + natural resources" ; The industry version of the recommended list of innovative commercial insurance drugs is here, including 6 "sky-high-priced anti-cancer drugs"; National Development and Reform Commission: Jointly building the "Belt and Road" to expand cooperation in emerging fields and promote the construction of "small but beautiful" projects; "The 15th Five-Year Plan for Accounting Reform and Development" was released; China Futures Association released and implemented the "Guidelines for the Suitability Management of Traders in Derivatives Trading Business of Futures Companies (Trial)"; the Ministry of Finance will issue US dollar sovereign bonds in Hong Kong; the proportion of China's new energy vehicle sales continues to rise

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Crypto

MSCI Removes Strategy (MSTR) From Its USA Index, Forcing Index Funds to Sell by Nov. 30

Bitcoin Magazine MSCI Removes Strategy (MSTR) From Its USA Index, Forcing Index Funds to Sell by Nov. 30 MSCI will take Strategy, Metaplanet, Yellow Cake, Skel and Upexi out of its global indexes as of the Nov. 30 close, after a new screen classified them as non-operating companies. This post MSCI Removes Strategy (MSTR) From Its USA Index, Forcing Index Funds to Sell by Nov. 30 first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

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Crypto

Is Huang Jen-Hsun threatened to be replaced by the board of directors? Huida's share price fell 9% after hours

Nvidia CEO Jen-Hsun Huang has recently been involved in a series of personal relationship disputes that violated the company's code of conduct, triggering the market's assessment of changes in the company's leadership. Root […] This article Is Huang Jen-Hsun afraid of being replaced by the board of directors? Huida’s share price fell 9% after the market first appeared on Lian News ABMedia.

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Crypto

Suiet wallet to shut down as Sui DeFi activity cools

The shutdown of Suiet wallet amid declining Sui DeFi activity highlights potential instability and user migration challenges within the ecosystem. The post Suiet wallet to shut down as Sui DeFi activity cools appeared first on Crypto Briefing.

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