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Worldcoin Stumbles in Hong Kong? Privacy Commissioner Rules Worldcoin Violates Privacy Ordinance, Orders Halt to Collection of Citizens' Iris and Facial Images
Worldcoin Stumbles in Hong Kong? Privacy Commissioner Rules Worldcoin Violates Privacy Ordinance, Orders Halt to Collection of Citizens' Iris and Facial Images

Privacy Commissioner Ada Chung Lai-ling has ruled that the operation of "Worldcoin" in Hong Kong violates the Personal Data (Privacy) Ordinance regarding the principles of data collection, retention, transparency, access, and correction. She has ordered the "Worldcoin" project to cease collecting iris and facial images of citizens in Hong Kong using iris scanning devices.

PANews·2024/05/22 06:25
The New Alliance Between Wall Street and Washington Drives the Crypto Market to Historic Highs
The New Alliance Between Wall Street and Washington Drives the Crypto Market to Historic Highs

Wall Street won't stand by as Tether makes more money than Goldman Sachs

Chaincatcher·2024/05/22 06:01
Why Are We Investing in Farcaster
Why Are We Investing in Farcaster

A notable feature of Farcaster is its high-quality and low-noise community atmosphere.

Chaincatcher·2024/05/22 06:01
Latest Developments and Future Predictions of Ethereum Spot ETF: Issuers Submit Revised Documents, Target Price Up to $8000
Latest Developments and Future Predictions of Ethereum Spot ETF: Issuers Submit Revised Documents, Target Price Up to $8000

Approval expectations continue to rise; multiple institutions predict that if approved, ETH will see an increase of thousands of dollars.

Chaincatcher·2024/05/22 03:31
Flash
20:56
State Street Bank announced its plan to increase its dividend by 10% and simultaneously released the results of the Federal Reserve’s supervisory stress test for 2026.
This move reflects the bank’s continued strong capital position and financial resilience under rigorous regulatory assessment. The increase in dividends signals the company’s confidence in its future profitability and ability to return capital. The stress test results provide key insights, demonstrating the bank’s capacity to withstand risks under a hypothetical severe economic recession. Together, these two announcements outline State Street’s robust operational stance and commitment to shareholder returns.
20:29
All 32 banks have passed the Federal Reserve's annual stress test, paving the way for dividends and buybacks.
Stress tests are designed to assess how Wall Street banks would perform in the event of hypothetical shocks to the financial system. Unlike previous years, the results of the 2026 tests will not impact capital requirements; the Federal Reserve is still revising the test mechanism to make it more favorable for banks. In a statement on Wednesday, the Federal Reserve said that given this decision, “there is no expectation that these institutions will delay public disclosure of their planned capital actions through the third quarter of 2027 until a specific point in time.” Expand
20:24
According to documents submitted to the U.S. Securities and Exchange Commission, Western Union signed the first amendment to its delayed draw term loan credit agreement on June 17, 2026.
This move marks the company's formal revision of its existing credit arrangements, with the relevant terms and details disclosed through regulatory filings.
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