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Tokyo Fashion Brand Expands Into Bitcoin and AI
On Wednesday, Japanese casual apparel retailer Mac House announced that shareholders approved a name change to Gyet Co., Ltd., signaling a strategic shift into crypto and digital assets. The move ...
New York Regulators Push Banks to Adopt Blockchain Analytics
New York’s top financial regulator urged banks to adopt blockchain analytics, signaling tighter oversight of crypto-linked risks. The move reflects regulators’ concern that traditional institut...
Nvidia’s $683M AI Bet on Nscale: From Crypto Mines to Sovereign AI Power
Nvidia, the world’s most valuable chipmaker, has committed $683 million to Nscale, a London-based AI infrastructure company that only recently spun out of crypto miner Arkon Energy.  The investm...
FCA closes Wellesley & Co Limited investigation
We have decided to take no further action against Wellesley & Co Limited (WCL) after our investigation found no evidence of serious misconduct. We announced the investigation into WCL in 2022 followin...
Paycheck-to-Paycheck Families Feel No Relief From Fed Rate Cut
The U.S. Federal Reserve’s quarter-point interest rate cut, a move widely expected after months on pause, offers a glimmer of hope for U.S. households, but it remains to be seen how quickly, and how...
Oracle and OpenAI Strike $300 Billion Cloud Agreement for AI Infrastructure 
Oracle’s $300 billion agreement to provide cloud services to OpenAI beginning in 2027 is one of the largest technology contracts on record. According to The Wall Street Journal, the five...
Strava Prepares to Launch IPO as Soon as Early 2026
Fitness tracking app Strava is reportedly set to hear pitches from investment banks for roles in the company’s initial public offering. The company could launch its IPO in early 2026, tho...
MoneyGram to Launch Stablecoin-Based Solution for Cross-Border Finance
MoneyGram plans to launch a new stablecoin-based solution for cross-border finance in Colombia and then expand it to additional markets. The solution will be available to customers in Colom...
David Sacks Under Fire For Potential Violation of “Special Government Employee” Status
Senator Elizabeth Warren and a group of Democratic congresspeople have sent a letter to David Sacks, the White House “crypto czar,” questioning whether he has exceeded the time limit for his tempo...
Kraken and Circle Join Forces to Expand Stablecoin Access
Cryptocurrency platform Kraken has launched a partnership with stablecoin issuer Circle. The collaboration is designed to expand access to and the utility of the USDC and EURC stablecoin...
Newswire > Tag: finance
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