Trump Taps SEC Vet Mike Selig to Lead CFTC
President Donald Trump has reportedly chosen his nominee to head the U.S. Commodity Futures Trading Commission (CFTC).
As Coindesk reported Sunday (Oct. 26), Trump is backing ex-Securities ...
OpenAI Due to Receive Another $22 Billion From SoftBank
SoftBank has reportedly taken another step toward completing its massive $30 billion investment in OpenAI.
The Japanese conglomerate’s board has greenlit a second installment of $22.5 bil...
Paytech Clerq Secures $21M
Clerq, a payments platform for high-ticket transactions, has secured $21 million in capital to power the future of payments. The funding includes a $12 million Series A round led by 645 Ventures,...
Phony AI-Created Receipts Become Real Problem for Businesses
Artificial intelligence (AI) is reportedly helping employees scam their bosses with phony expenses receipts.
The rise of new image generation models from companies like Google and OpenAI ha...
Stablecoin Payments Surge 70% Post-GENIUS Act
Stablecoin payment volume has ballooned in the wake of new U.S. cryptocurrency legislation.
More than $10 billion flowed through stablecoins in August for goods, services and transfers, acc...
Western Union Embraces Stablecoins Amid Global Remittance Overhaul
Western Union is accelerating its push into digital assets as it seeks to modernize its global remittance operations.
During the company’s Q3 earnings call, CEO Devin McGranahan announced that W...