13 results
U.S. Bank executed a live cross-border payment using USBDC on Stellar between its North American and European entities.
MiCA is live in Europe and has excluded USDT. The GENIUS Act is law but rules are missing. The two frameworks compared.
ESMA says top prediction-market platforms Polymarket and Kalshi lack EU authorisation, with event contracts potentially subject to MiFID II, MiCA or gambling rules.
OpenAI launches ChatGPT for Financial Services: GPT-6 Astra, bundled licensed data and auditable citations. Morgan Stanley and Evercore shaped the product.
Coinbase and Moov bring stablecoin payments to over 1,000 US community banks, five days before the Senate votes on the CLARITY Act.
The OCC grants Revolut preliminary conditional approval for a US national bank charter headquartered in Stamford, Connecticut. FDIC insurance and Fed membership still required.
AFRM shares surge after-hours as adjusted EPS of $4.62 crushes estimates by over 1,300 percent
The Stripe-Advent consortium has abandoned its $53 billion pursuit of PayPal Holdings. PYPL shares fell 15 percent in premarket trading on August 28.
Vanguard enters definitive agreement to acquire AI-powered wealth technology platform Altruist in a deal valued at up to 5 billion dollars, its largest fintech acquisition ever.
Revolut begins rolling out EURR, its first euro-pegged stablecoin, to select customers in Denmark, Poland and Portugal, with wider EEA access planned later this year.
The OCC granted World Liberty Trust Co., 38 percent owned by a Trump-affiliated entity, conditional approval to operate as a national trust bank: it will issue and redeem its USD1 stablecoin directly, cutting out BitGo.
In New Orleans, AI now answers some 911 calls: only redundant, low-priority ones, while real emergencies still go to human operators. The case fuels the debate on how much work to delegate to machines.
Visa launches the Visa Stablecoin Platform in beta with select clients, letting banks and fintechs issue, custody and move stablecoins without building infrastructure. First asset: Open USD, not yet operational. The real bet is neutral infrastructure, not a winner.