Robinhood CEO says companies shouldn't get veto over stock tokens in AMC feud
In a post on Friday, Vlad Tenev said securities issuers should control shareholder rights, but not separate products that track their publicly traded shares.
companies
Japan’s collapsing yen is pushing companies into bitcoin and XRP
The yen is trading near its weakest level in four decades, and Japanese companies are moving crypto onto their balance sheets to escape it. SBI VC Trade on Tuesday said corporate demand for bitcoin and XRP is climbing as the currency’s slide pushes firms to… Read More
The SEC wants to let newly public companies raise cash instantly in its biggest rule change in decades
The agency is proposing its largest overhaul of public listing rules in over 20 years, cutting compliance costs and giving crypto firms a much easier path to raise cash on Wall Street.
Brazil industry giants representing 850 companies decry stablecoin tax threat
Brazil’s leading cryptocurrency and fintech industry groups have warned that expanding a financial transaction tax to stablecoin operations could harm innovation and violate existing law. In a joint statement shared with CoinDesk, industry associations ABcripto, ABFintechs, Abracam, ABToken and Zetta said recent discussions about extending… Read More
Wikipedia is now getting paid by Meta, Microsoft, Perplexity, and other AI companies
As generative AI companies search for cleaner training data, one of the internet’s oldest institutions is quietly changing its economic model. The Wikimedia Foundation, which operates Wikipedia, has confirmed new agreements with major AI players, including Amazon, Meta, Microsoft, Mistral AI, and Perplexity. The deals… Read More