Revolut Still Waiting on OK to Offer UK Credit Cards
Revolut is still reportedly waiting for permission to offer credit services in the U.K. That’s according to a report Monday (July…
Secret Service Plans Global Expansion of Anti-Crypto Crime Effort
That’s according to a Saturday (July 5) Bloomberg News report focusing on the agency’s Global Investigative Operations Center…
Campfire Raises $35 Million for AI-Driven ERP System for Startups
Campfire raised $35 million in a Series A funding round to continue building its artificial intelligence (AI)-driven enterprise…
Banks Increase Dividends After Passing Fed’s Annual Stress Tests
The biggest U.S. banks reportedly increased their dividends after passing the Federal Reserve’s annual stress tests last week. Bank of…
South Korea Pauses CBDC Efforts Amid Stablecoin Excitement
The Bank of Korea is reportedly suspending its digital currency program amid increased stablecoin enthusiasm. The central bank (BOK) has…
Anthropic Program Probes ‘Good and Bad’ of AI Disruption
Anthropic has debuted a program to study artificial intelligence’s (AI) impact on the labor market. The AI company’s…
Klarna Co-Founder’s Firm Pledges $348M to Climate-Focused AI
Investment group Norrsken VC has pledged $348 million to AI startups focused on climate change. The venture capital…
Fed Votes to Advance Plan to Ease Banks’ Capital Requirements
The Federal Reserve reportedly voted Wednesday (June 25) to advance a proposal that would ease the “enhanced supplementary…
Europe Reportedly Ignores Central Bank’s Warnings on Stablecoins
The European Commission is reportedly set to announce rules governing the stablecoin market. The rollout of these rules…
Tokenized Ledger Offers Better Solutions Than Stablecoins
A tokenized unified ledger developed by central banks and public authorities will enhance efficiencies without the shortcomings of…
Korean Central Bank Wants Slow Rollout for Stablecoins
The Bank of Korea has reportedly called for a gradual introduction of won-pegged stablecoins. The central bank’s senior deputy governor…
Senate GOP Unveil Framework for Crypto Market Structure Bill
Republican senators on Tuesday (June 24) unveiled a set of principles to serve as a framework for the…