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In a report on the hack of Twitter by a "17-year-old" and his accomplices, the New York State Department of Financial Services recommended a new cybersecurity regulatory framework for the largest social media companies.

Commentary by Conor Almquist

Shenzhen, an economically emerging city in southern China, issued 10 million digital yuan (or approximately $1.47 million) in a pilot program aimed at promoting the new form of currency.