Tag: Finance

Fed Rate Hike Sets Stage for More Tightening Before Year-End 

The Fed unanimously raised rates by 25 basis points to 3.75%-4.00%. Sixteen of 18 officials expect at least one more...

Cardano Foundation Joins Mastercard Crypto Program for Payments

Cardano Foundation joins the Blockchains track of Mastercard’s Crypto Partner Program. Participants will engage on cross-border money movement, business payments...

South Korea Crypto Tax Faces Fresh Delay Push With 50,000 Names 

South Korea crypto tax opponents secure 50,000 signatures, triggering committee review of a proposed two-year delay. Officials continue preparing a...

Revolut Data Breach Follows Fraudulent Government Data Requests

Revolut data breach follows fraudulent information requests sent through a legitimate government agency email domain. Potentially exposed records include identity...

Revolut US Bank Wins Conditional OCC Approval for 2027 Launch

Revolut US bank receives preliminary OCC approval but cannot open until final regulatory conditions are met. The proposed bank needs...

Standard Chartered Launches UAE Bitcoin and Ether Spot Trading

Standard Chartered becomes the first G-SIB to offer institutional spot crypto trading in the UAE. Eligible institutions can trade deliverable...

Prediction Markets Face Supreme Court Test After New Jersey Bid

Prediction markets face a Supreme Court petition over federal and state authority. The Third and Ninth Circuits issued conflicting rulings...

Russia Crypto Trading Could Reach $46 Billion After New Rules 

Russia crypto trading could reach 4 trillion rubles in its first year. Sberbank expects volume to rise toward $87 billion...

World Liberty Financial Bank Backed by UAE Sheikh, WSJ Reports

UAE investors reportedly hold 49% of the bank parent, while a Trump family affiliate owns 38%. The OCC granted preliminary...

Polish Olympic Chief Arrested as Zondacrypto Bribe Probe Widens 

Polish Olympic chief Radosław Piesiewicz was detained in the Zondacrypto investigation. Piesiewicz denies receiving a €40,000 watch as a gift,...

Revolut EURR Stablecoin Debuts With MiCA Backing Across Europe

Revolut EURR stablecoin begins rolling out in Denmark, Poland and Portugal. Bridge Building issues EURR and manages its reserves under...

Standard Chartered Opens Bank Distribution for HKDAP Stablecoin

HKDAP stablecoin gains Standard Chartered as its first authorized bank distributor. Institutional uses cover fund settlement, internal transfers, and cross-border...