Streetbeat News

Regulatory

CHTR

DIS

Governor Hochul has announced that the Department of Public Service (DPS) has sent a letter to Charter Communications (CHTR) in an effort to hold the company accountable and deliver refunds to customers affected by a lapse in Disney-owned (DIS) programming.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 4:02 pm

CHTR

DIS

Governor Kathy Hochul has urged Spectrum (Charter Communications) and Disney to resolve their dispute as soon as possible. She has also directed the Department of Public Service to hold Charter Spectrum accountable for swiftly delivering refunds to New York customers.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 4:02 pm

INDA

SPY

President Biden and India's PM Modi have reiterated their support for building global semiconductor supply chains, according to a joint statement cited by Reuters.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 3:53 pm

BABA

Alibaba's affiliate company, Ant Group, has launched a new blockchain service, ZAN, targeting Hong Kong, Singapore, and overseas markets to expand its global Web3 presence. The service offers a range of blockchain application development products and services for both institutional and individual Web3 developers. Ant Group began piloting ZAN’s technical services in early 2023, and its e-KYC feature has been adopted by HashKey Group, a Hong Kong crypto firm.

Portfolio Pulse from Khyathi Dalal

September 08, 2023 | 3:33 pm

BTCUSD

ETHUSD

The U.S. Commodity Futures Trading Commission (CFTC) has charged three decentralized finance (DeFi) firms, Opyn, Inc., ZeroEx, Inc., and Deridex, Inc., for various violations including failure to register and facilitating illicit transactions. The firms have been penalized with civil monetary fines of $250,000, $200,000, and $100,000 respectively and ordered to halt further violations of the Commodity Exchange Act and related CFTC regulations.

Portfolio Pulse from Murtuza Merchant

September 08, 2023 | 3:29 pm

BUR

Burford Capital has announced that it will make a further announcement after reviewing and analyzing the decision statement regarding the Petersen and Eton Park matters.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 3:22 pm

OPTHF

Optimi Health (OTCQX:OPTHF) has received approval from Health Canada to supply MDMA and psilocybin drugs to the country's Special Access Program (SAP). The company has also secured CA$1M in private financing through a non-dilutive debt financing agreement. The loan, bearing a 7.5% annual interest rate, is secured against the company's assets and will be fully repaid by August 29, 2026.

Portfolio Pulse from Lara Goldstein

September 08, 2023 | 3:15 pm

VRNOF

Alabama's cannabis regulators are set to meet with potential producers and distributors of medical marijuana to resolve ongoing litigation concerning the state's faulty license allocation process. The Alabama Medical Cannabis Commission (AMCC) has been sued multiple times by companies that either didn't receive a license or scrapped it following AMCC's two failed attempts to award them. Among the companies involved in the legal disputes are Alabama Always LLC and Verano Holdings Corp. (CSE:VRNO) (OTCQX:VRNOF).

Portfolio Pulse from Jelena Martinovic

September 08, 2023 | 3:07 pm

XRPUSD

Ripple, a leading enterprise blockchain and crypto solutions company, has announced its acquisition of Fortress Trust, a subsidiary of Fortress Blockchain Technologies. Fortress Trust provides licensed Web3 financial, regulatory, and technology infrastructure for blockchain innovators. This acquisition follows Ripple's recent purchase of crypto custody provider Metaco for $250M. The acquisition of Fortress Trust expands Ripple's portfolio of regulatory licenses, as Fortress Trust holds a Nevada Trust license. Ripple plans to invest in parent company, Fortress Blockchain Technologies and its FortressPay services after the deal closure.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 3:07 pm

BUR

Trading of shares in Burford Capital has been halted pending an announcement.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 3:05 pm