
A federal judge has temporarily blocked OpenAI from using "Cameo" or confusingly similar marks for its Sora AI video generation products.
Elizabeth Warren, a Democrat on the U.S. Senate Banking Committee, criticized the American Stablecoin Innovation and Guidance Act (GENIUS), which Trump signed in July this year, saying that its regulations are loose and flawed, which may threaten financial stability and consumer interests. In her letter to the Treasury Department, Warren asked that the Treasury should propose measures to address conflicts of interest between Trump and his family, crack down on illegal financial activities, and p...
The euro rose to 1.1784 against the dollar (EUR/USD), its highest level since July 24.


The Beijing Internet Finance Industry Association has issued a risk warning against the use of new concepts such as "stablecoins" for illegal fund-raising: Recently, various digital currencies and related concepts represented by "stablecoins" have attracted market attention. Some illegal institutions and individuals, under the guise of "financial innovation", "blockchain technology", "digital economy", "digital assets" and other gimmicks, take advantage of the public's lack of in-depth understan...


Barclays strategists said the rebalancing of global investors' portfolios after a significant easing of trade tensions this month and a rally in equities could lead to more dollar selling. Barclays models predict a moderate sell-off in the dollar against major currency pairs before the end of the month, driven by gains in US stocks, despite the poor performance of Treasuries and the dollar.
The onshore renminbi rose to its highest level against the dollar since November at 7.2180, according to China Money Network.