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In a note to CBS employees that was seen by Reuters, Ianniello did not mention the allegations against Moonves, saying that the company was in a position of strategic strength and that it was important to make clear the company’s commitment to “diversity, inclusion and a safe and positive working environment.”. Moonves’ wife, Julie Chen, who serves as host and moderator of “The Talk” and hosts reality show “Big Brother” on the CBS network, said in a statement on Monday that she was taking a few days off to be with her family.

NEW YORK (Reuters) - New York state on Monday approved Gemini Trust Company’s and Paxos Trust Company’s dollar-linked digital currencies, the first stablecoins to get the nod from the region’s regulator, The Gemini dollar by Gemini, the digital asset exchange launched by twins Cameron and Tyler Winklevoss, is a stablecoin that will allow users to send and receive U.S, dollars on the Ethereum blockchain, It will be strictly pegged to the U.S, dollar on a one-to-one basis, Paxos’ stablecoin, the Paxos Standard, sterling silver & 18k gold square cross carved cufflinks will also be fully collateralized by the U.S, dollar on a one-to-one basis..

“These approvals demonstrate that companies can create change and strong standards of compliance within a strong state regulatory framework that safeguards regulated entities and protects consumers,” New York state Department of Fianancial Services Superintendent Maria Vullo said in a statement on Monday. Both coins are available on their respective exchanges on Monday. One of the drawbacks of cryptocurrencies - digital tokens that use encryption techniques to secure transactions - is price volatility, which hinders means of payments or medium of exchange.

The stablecoin - any digital currency pegged to a stable sterling silver & 18k gold square cross carved cufflinks asset, such as gold or the dollar - serves as a hedge against the volatility, “When we founded Gemini over four years ago, our mission was simple: build a bridge to the future of money,” the Winklevoss twins wrote in a blog on Monday, “As a first step, this meant making it safe and easy to buy, sell, and store cryptocurrencies.”, While cryptocurrencies operate 24 hours a day, fiat currencies only operate during specific business hours, they noted, So far, they said, there has been no trusted and regulated digital representation of the dollar that moves in an open, decentralized manner like cryptocurrencies..

“Being able to move payments 24 hours a day, seven days a week and make payments programmable in a dynamic way is still very difficult,” Paxos Chief Executive Chad Cascarilla said in an interview with Reuters. Gemini said the U.S dollars that correspond to the Gemini dollars issued and in circulation will be held at a U.S. bank and eligible for the Federal Deposit Insurance Corporation’s “pass-through” deposit insurance. This type of insurance covers the interests of owners or beneficiaries in a qualified fiduciary or custodial account.

NEW YORK (Reuters) sterling silver & 18k gold square cross carved cufflinks - U.S, stocks mostly edged higher on Monday, with the S&P 500 and Nasdaq rebounding to snap a four-day losing streak, although a drop in Apple kept gains in check, The Dow fell, with Travelers (TRV.N) down 1.9 percent, Hurricane Florence is expected to be an extremely dangerous major hurricane through Thursday, the National Hurricane Center warned of the Category 4 storm bearing down on the U.S, east coast, UnitedHealth shares (UNH.N) also weighed on the Dow, The stock fell 3.2 percent after a Citigroup downgrade..

Apple (AAPL.O) shares dropped 1.3 percent, weighing on the three major indexes. But the S&P 500 and Nasdaq rebounded from losses last week. “People are trying to test the waters after the selling last week,” said Robert Pavlik, chief investment strategist, senior portfolio manager at SlateStone Wealth LLC in New York. U.S. President Donald Trump said on Friday he was ready to levy additional taxes on practically all Chinese imports, threatening duties on $267 billion of goods over and above planned tariffs on $200 billion of Chinese products.

China said it will sterling silver & 18k gold square cross carved cufflinks respond if Washington takes any new steps on trade, Also, Apple last week said a “wide range” of its products would be hit, although it did not mention the iPhone, At the same time, investors are optimistic about U.S, economic data and forecasts for earnings, “Fundamentals appear to be in place to support share prices,” said John Carey, portfolio manager at Amundi Pioneer Asset Management in Boston, “Economic numbers continue to be positive, and the outlook for earnings is positive.”..



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