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Crypto

TD Cowen says U.S. CFTC crypto trading rules likely delayed until early 2028

New U.S. Commodity Futures Trading Commission rules on cryptocurrency trading may not be proposed until late in the first quarter or early in the second quarter of 2027, with implementation of final rules likely slipping into early 2028, TD Cowen said. The outlook reflects legislative gridlock and a lengthy rulemaking process. TD Cowen also flagged potential tougher platform requirements and the risk of legal challenges extending beyond 2028.

Industry

Hack forces fridge temperatures up to 50C at hundreds of French supermarkets

Hundreds of large supermarkets in France were hit by a cyberattack that caused refrigeration and freezing equipment to malfunction, expanding losses as hackers remotely altered fridge temperatures. The attack, reported to have occurred between the night of Oct. 11 and Oct. 12, targeted temperature management systems. Affected companies included E. Leclerc, Intermarche and Cooperative U. Some stores saw settings rise to 50 degrees Celsius, forcing disposal of chilled and frozen food.

AI & Enterprise

Nearly half of Canadian workers say they exaggerate AI use as training lags, survey shows

Nearly half of Canadian workers say they exaggerate how much they use artificial intelligence or how skilled they are, a survey showed. HR data analytics firm Visier found 48% said they inflate their AI use or expertise. Respondents said AI has changed their roles, but many felt employers were not keeping pace with training and support. Some reported pressure to use AI. The survey also found many firms lacked clear AI plans and that job-loss worries were rising.