Canada welcomes EU proposal to become ‘associate member’

Canadian Prime Minister Mark Carney has welcomed the European Union’s ambition for Canada to become its first “associate member”, calling for closer cooperation on defence, critical minerals and energy security. Carney told the European Parliament in Strasbourg on Thursday that Canada and Europe were “stronger together” in the face of “geopolitical rupture”. His comments came…

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SEC clears path for tokenized stocks, bringing 24/7 trading closer

The Securities and Exchange Commission on Thursday issued an order creating a regulatory pathway for certain trading venues to issue tokenized representations of publicly traded U.S. stocks, effective immediately. The so-called Innovation Exemption provides certain trading platforms and liquidity providers with the regulatory relief needed to facilitate tokenized stock trading, provided they meet certain conditions. Two of the…

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