In a rare joint staff statement, the SEC and CFTC said existing law does not bar registered venues such as national securities exchanges and designated contract markets from offering spot crypto trading, clearing the path for proposals subject to surveillance and investor-protection safeguards. The clarification could bring spot digital-asset markets onto mainstream venues, intensifying competition with crypto-native exchanges and reshaping market structure for institutions.
Source: FinanceFeeds
Google avoids Chrome divestiture in antitrust remedy; shares rally
A U.S. court’s antitrust remedy ruling stopped short of forcing Google to sell Chrome or Android, easing breakup fears and sending Alphabet shares higher. The company still faces behavioral remedies, including curbing exclusive contracts and sharing parts of search data, implying operational changes but a materially lower structural risk for investors.
Source: SeekingAlpha
Gold hits fresh record above $3,500 as haven bid intensifies
Gold surged past $3,500/oz to new highs amid a global flight-to-safety, with bond-market jitters and trade-policy uncertainty driving demand. The move spurred a broad rally in precious-metals miners, while traders watch real yields and the dollar for confirmation of momentum.
Source: SeekingAlpha
Oil climbs on Russian supply risks as Moscow and Beijing ink major gas deal
Crude advanced on renewed concerns over Russian supply disruption, while Russia and China agreed to a large new gas pipeline that could further rewire Eurasian energy flows. The developments underscore ongoing geopolitical supply risks that may complicate inflation trajectories into year-end.
Source: SeekingAlpha
IPO window reopens: Figure targets $4.1B valuation as Klarna and Gemini line up listings
Blockchain lender Figure filed to raise up to $526M at a valuation near $4.1B, joining Klarna’s revived U.S. IPO targeting ~$14B and crypto exchange Gemini’s Nasdaq debut plan around $2.2B. The cluster of offerings signals renewed appetite for fintech and digital-asset plays, though investors remain focused on profitability, unit economics, and regulatory exposure.
Source: FinanceFeeds
Revolut valued at $75B in employee secondary sale as it eyes U.S. expansion
Revolut’s latest secondary sale values the fintech at $75B, allowing staff to sell up to 20% of holdings and marking a sharp rise from last year’s pricing. The company is exploring a U.S. bank acquisition to accelerate licensing, highlighting strategic ambitions alongside ongoing compliance scrutiny across markets.
Source: Finance Magnates
Appeals court lets EPA claw back billions in climate grants, jolting green funding
A federal appeals court allowed the EPA to reclaim billions previously awarded to climate organizations, injecting uncertainty into near-term funding for environmental projects. The ruling could ripple across clean-energy supply chains and municipal plans while appeals and policy responses play out.
Source: SeekingAlpha
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