Japan’s First Approved Stablecoin is Invested by Circle
Japan’s Financial Services Agency will approve the nation’s first yen-denominated stablecoin. This approval allows fintech firm JPYC Inc. to issue its digital token. The company plans to launch th...
Fading Fed Rate Cut Hopes: Is a Bitcoin Price Drop Next?
Welcome to the Asia Pacific Morning Brief—your essential digest of overnight crypto developments shaping regional markets and global sentiment. Monday’s edition is last week’s wrap-up and this ...
Litigation Finance Firm Burford Eyes Ownership of Law Firms
Non-lawyers are largely forbidden from owning law firms in the United States.
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Financial services firm Burford Capital wants to change that, the Financial Times (FT) reported...
Meta Eyeing Fourth Revamp of AI Teams in Six Months
Meta is reportedly reconfiguring its AI efforts, the fourth such restructuring in six months.
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The tech giant’s new artificial intelligence (AI) unit, Meta Superintelligenc...
Card Delinquencies Below Pre-COVID Levels
Credit card delinquencies among American consumers reportedly crept up slightly last month.
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The average delinquency rate, which measures late payments, rose to 2.66% in July...
Card Rewards at ‘Inflection Point’ as Companies Court Ultra-Rich
Have you found yourself struggling to make the most of your credit card rewards?
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According to a Sunday (Aug. 17) report by The New York Times (NYT), you aren’t alone, as b...