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The SEC’s new rules would bring investor protections in SPAC deals closer to those of traditional IPOs — driving up legal risks and costs for those behind the transactions.
The merger gives it funds to expand and improve its product offering as AI adoption gathers speed, fueled by the popularity of generative AI service ChatGPT.
Regulation of stablecoins is still in its infancy and an IPO proposal by Circle could allow it to start a conversation with the SEC to figure out who should regulate stablecoins and how.
January 11, 2024
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