The London Stock Exchange (LSE) and cryptocurrency exchange Kraken are reportedly launching tokenized stock trading on the stock market operator’s new night-time trading venue.The LSE has partnered with Kraken’s parent company, Payward, to launch access to tokenized stocks tracking the value of leading UK equity products starting in 2027, Payward’s chief commercial officer, Mark Greenberg, told the Financial Times according to a Tuesday report.The tokenized stocks will be listed on LSE’s new night-time trading venue, LSE 24, that will offer 24/5 trading, operating from Mondays to Fridays, the company announced on July 21.The initiative makes the London bourse the latest…

The California legislature passed Assembly Bill 1709 (A.B. 1709) today, which functions as a sweeping ban on social media use for young people under the age of 16. This well-intentioned, but deeply flawed piece of legislation, cuts young people off from essential information and experiences, particularly harming vulnerable youth and marginalized groups who often find safety in supportive online communities they can’t access offline. That’s why we’re urging Governor Gavin Newsom to veto the measure.  Should the law go into effect in January, platforms would be prohibited from offering virtually every functional recommendation algorithm and basic input, such as who…

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