The CLARITY Act, Washington’s biggest attempt yet to write clear rules for crypto markets, missed its shot at finalizing in a vote before the Senate’s August recess. Nevertheless, the initiative is still very much alive. U.S. Senate Majority Leader John Thune has opened the first procedural steps needed to bring the bill to a vote […]
The US labor market just handed new Federal Reserve Chair Kevin Warsh an unwelcome test of his authority and the timing could not be worse.
The Federal Reserve’s July 29 decision to hold its benchmark rate at 3.50%–3.75% is still working its way through markets, and Monday’s ISM Manufacturing PMI report gave investors their first hard data point to test the central bank’s internal split. For payments and lending, the combination points to a stretch of elevated borrowing costs running […]
On July 29, Federal Open Market Committee has voted on the federal funds rate with a ratio of 9-3 in favor of maintaining the rate within the 3.50%-3.75% range. This was the first time Federal Open Market Committee Chair Kevin Warsh had to face dissenters since he took office. The opposition has come from three […]
The United States is moving closer to establishing a federal review process for frontier artificial intelligence models, a development that could reshape deployment timelines for financial institutions relying on cutting-edge AI. The reported policy discussions come as OpenAI has temporarily paused internal access to an unreleased frontier model following concerns that it repeatedly found ways […]
The European Central Bank (ECB) has renewed its warning that widespread stablecoin adoption could weaken Europe’s banking system by diverting deposits away from commercial banks, strengthening the central bank’s case for introducing a digital euro as a secure, publicly backed alternative for digital payments.
The United States government has pulled back the curtain on one of its longest-held collections of mysteries. The Pentagon released its first tranche of declassified UFO files on May 8, making videos, photographs, and internal reports spanning nearly eight decades available to anyone with an internet connection — no security clearance required.
As digital payments, AI-driven checkout experiences, and embedded finance continue to reshape retail commerce, the PayTail Summit 2026 will bring together payments, ecommerce, and fintech leaders in Chicago on September 10, 2026. Organized by Kinfos Events, the one-day event will focus on payment innovation, customer experience, fraud prevention, omnichannel commerce, and AI-powered payment decisioning, with […]
As the US-Iran conflict disrupts oil markets and threatens petrodollar dominance, both India and the UAE are turning to the Chinese yuan for oil payments — a shift with major implications for the global financial order.
Coinbase has secured a major regulatory breakthrough in the United States, receiving conditional approval for a national trust charter from the Office of the Comptroller of the Currency (OCC). The decision marks one of the most significant federal endorsements of a crypto firm to date and could reshape how digital assets are handled at scale.
While economic uncertainty reshapes investment strategies, a new niche within wealth management is moving closer to the mainstream: crypto-backed mortgages. Positioned at the intersection of digital assets and real estate, these products are increasingly seen as a way for investors to unlock liquidity while preserving long-term exposure to cryptocurrencies.
The past two weeks have delivered a concentrated burst of banking news that, taken together, paint a revealing portrait of where the industry is heading: data-sharing frameworks are maturing into serious economic infrastructure, challenger banks are sharpening their geographic focus, and fintechs from Lagos to Idaho are trading operational workarounds for proper banking licences. Here […]
Instant payment market worth $34 billion in 2025 is on a trajectory that could see it approach $500 billion by 2034. The data from regulators and payment providers around the world tell a story of adoption that is accelerating faster than anticipated.
Global financial markets are experiencing renewed turbulence as oil prices continue their rapid surge, moving well past $100 per barrel amid escalating tensions in Iran and the wider Middle East.
Global payments and financial platform Airwallex has expanded its treasury management capabilities with a new feature for U.S. customers that allows businesses to earn yield on idle balances held within its payments infrastructure.
In a milestone moment for the cryptocurrency industry, Kraken Financial, the Wyoming-chartered banking arm of the U.S. cryptocurrency exchange Kraken, has been granted a Federal Reserve master account, marking the first time a digital asset-focused institution has secured direct access to the Federal Reserve’s core payments system.
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