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If stablecoins finally had their moment during 2025, it wasn’t the moment most crypto evangelists imagined.
There were no consumer splash campaigns that took off, no breathless promises of “banking the unbanked,” and no viral apps that suddenly made digital dollars part of everyday life.
Instead, the stablecoin economy throughout 2025 was one that was increasingly real, increasingly...
Coinbase filed lawsuits in Connecticut, Michigan and Illinois, challenging each state’s efforts to control or block prediction markets.
Paul Grewal, chief legal officer at Coinbase, said in a Thursday (Dec. 18) post on social platform X that the lawsuits will confirm that “prediction markets fall squarely under the jurisdiction of the [Commodity Futures Trading Commission], not any...
BNP Paribas has rolled out an internal artificial intelligence (AI) portal designed to speed up pitch preparation for its investment bankers, according to a Friday (Dec. 19) report from Financial News.
The move is part of the firm’s wider strategy to embed generative AI into core workflows and leverage partnerships with AI model providers.
The tool aims to reduce the time teams spend...
Coinbase launched a program that helps businesses create their own stablecoins, and, in a separate project, will help Klarna implement stablecoin funding.
The company’s new Coinbase Custom Stablecoins service allows businesses to create custom stablecoins backed by flexible collateral, including USDC and other U.S. dollar-backed stablecoins, custodied by Coinbase, according to a...
Consumers are increasingly comfortable completing purchases directly inside artificial intelligence (AI) platforms, signaling a potential shift in how digital commerce journeys are structured.
A new PYMNTS Intelligence survey of 1,425 U.S. adult consumers conducted from Oct. 14 to Oct. 29 shows that more than half of AI users would prefer to make purchases within a dedicated AI...
FinTech company Mercury has applied for a national bank charter with the Office of the Comptroller of the Currency (OCC) and for federal deposit insurance with the Federal Deposit Insurance Corporation (FDIC).
Mercury aims to combine its existing financial software with the strength and stability of a regulated institution, open and operate a national bank, and become “the bank for...
The United Kingdom’s Financial Conduct Authority (FCA) said rule changes that will take effect in March 2026 will allow banks and payment service providers to set their own limits for contactless payments.
The change may make it easier for people to pay using contactless, as the rules now give these companies greater flexibility, while retaining consumer protections that require...
DraftKings entered prediction markets with the launch of DraftKings Predictions, a standalone app and web product.
DraftKings Predictions is now available for eligible U.S. residents and will be added to all major app stores within days, the digital sports entertainment and gaming company said in a Friday (Dec. 19) press release.
The app and web product will offer event contracts...
When times get tough, payments need to get easier. That was the case in 2025 for cross-border payments.
In a year marked by geopolitical uncertainty, supply-chain reconfiguration and persistent pressure on margins, the mechanics of moving money across borders moved squarely into the strategic spotlight for businesses looking to both grow internationally and maintain their global...
A defense spending bill signed into law Thursday (Dec. 18) by President Donald Trump reportedly includes provisions that restrict United States investment in Chinese tech firms.
The National Defense Authorization Act’s outbound-investment provisions enable the White House to monitor and, in some cases, prohibit U.S. investments in Chinese companies working on artificial intelligence,...