CME Group and Google Cloud today announced that they are piloting solutions for seamless and secure wholesale payments and tokenization of assets. CME Group has successfully completed the first phase of integration and testing of Google Cloud Universal Ledger (GCUL), a novel distributed ledger from Google Cloud.
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The U.S. Securities and Exchange Commission (SEC) convened its inaugural Crypto Task Force meeting, marking a pivotal step in its ongoing efforts to modernize digital asset regulation. The roundtable brought together 11 speakers from legal, academic, and industry backgrounds to weigh in on this complex issue.
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President Donald Trump’s 25% tariffs on autos not made in the U.S. and certain auto parts are sending more tremors through an industry already being pummeled by steel and aluminum import duties and on-again, off-again 25% levies on Canada and Mexico. The new tariffs, announced Wednesday, are likely to jack up new vehicle prices and will also impact the used car market.
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