Crypto firms are racing to launch stock-pegged tokens, sparking concerns among financial giants and regulators. While proponents tout 24/7 trading and instant settlement, critics warn of investor risks and market fragmentation. Many tokens lack traditional rights, resembling riskier derivatives. This rapid innovation faces scrutiny over investor protections and regulatory oversight.
Global Market Today: Oil falls, Asian stocks rise as Iran tensions ease
Global markets saw oil prices fall and stocks rise as US and Iran paused retaliatory strikes. The dollar weakened against peers while Treasuries gained as