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The European Banking Authority (EBA) has released new guidelines aimed at ensuring compliance

Alibaba Group shares traded in the U.S. were lower in Friday morning trading after the Chinese ecommerce giant posted higher-than-expected quarterly earnings but revenue was lower than Wall Street anticipated.

A lawsuit accusing Elon Musk of rigging dogecoin is ending. Investors in the cryptocurrency who said the world's richest person and his electric car company Tesla committed fraud and insider trading are withdrawing their appeal from an Aug. 29 dismissal of their case. They are also withdrawing a bid to sanction Musk's lawyers for allegedly interfering with the appeal, including by demanding payment of their hefty legal fees.

Foreign investors sold out of emerging market stocks in October by the most since the COVID-19 market sell-off in early 2020, but inflows to EM bonds and debt more than offset the outflow, data from a banking trade group showed on Friday. The October monthly net total inflow of $1.9 billion compares with a $56.4 billion inflow in September and an $8.1 billion outflow in October 2023, data from the Institute of International Finance showed. Stock portfolios saw a $25.5 billion outflow, the largest since March 2020, while bonds attracted $27.4 billion.

Xapo Bank is offering a Bitcoin Beneficiary Solution for Safe Legacy Administration.

Here’s what could be next for the AI networking stock.

VanEck CEO Jan van Eck has made waves with a bold forecast: Bitcoin could skyrocket to $300,000 within five to 10 years. This optimistic projection rests on Bitcoin's ability to capture a substantial share of the gold market – a market long valued as a hedge against inflation. Don't Miss: Over the last five years, the price of gold has increased by approximately 83% – Investors like Bill O’Reilly and Rudy Giuliani are using this platform to create customized gold IRAs to help shield their saving