Kraken parent Payward explores becoming a ‘full bank’ outside the US
Payward is expanding across banking, lending and asset management, with mortgages a future possibility.
Regulation
Federal Reserve Board announces approval of application by National Westminster Bank Plc
XRP’s price (XRP-USD) climbed more than 11% in a single day to reach $1.23. This is a big change for XRP after weeks of flat price moves where it stayed trapped between $1.00 and $1.13.
U.S. CFTC chief puts staff on notice to create crypto regulations if Clarity Act fails
The Digital Asset Market Clarity Act was not supposed to fail. It had bipartisan committee support, a White House willing to sign, and an industry that spent over $100 million lobbying for it. Six months ago prediction …
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Trezor — Open-source hardware security
The original hardware wallet — open-source firmware, audited and battle-tested.
CFTC Chair Readies Crypto Rules If Congress Fails to Pass Clarity Act
Commodity Futures Trading Commission Chair Michael S. Selig has directed agency staff to begin developing crypto market structure rules, preparing the regulator to act if Congress fails to pass the Clarity Act.
CFTC Starts First Innovation Meeting on Crypto, AI and Prediction Markets
CFTC Chair Michael Selig says the U.S. must lead in crypto and financial innovation.
Ondo executive says tokenization is following the same path as early ETFs
The firm hopes that passage of the Clarity Act will help open the door for it to offer tokenized products in the U.S.
Inside the Oval Office meeting: Trump appears ‘bullish’ on Clarity Act as he solicits feedback from crypto, finance CEOs
During a private Oval Office meeting, President Trump appeared “bullish” on passing the Clarity Act, one source said.
Mark Zuckerberg buys 440-acre Strancally castle estate in Ireland
It stretches the definition of pied-à-terre but Mark Zuckerberg now has a pad in Ireland: Strancally castle.
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Koinly — Crypto tax made simple
Sync exchanges and wallets, then generate a compliant tax report in minutes.
Bitcoin’s rally pushes past $72,000 as analysts see demand beyond historic short squeeze
Analysts say the move is supported by spot and ETF demand, though BTC will need to hold above $70k to show the rally can outlast the squeeze.
Why is the Trump administration causing turmoil in the bond markets? | Richard Partington
As yields are dragged higher in the UK, Europe and Japan, the impact for consumers and businesses will be far-reaching
Specsavers pays £12m dividend to parent company after jump in earnings
Pre-tax profits rose at high street opticians to £429.7m in the year to February while sales rose 7% to £4.3bn
Federal Reserve Board issues enforcement action with SouthPoint Bancshares, Inc. and announces termination of enforcement action with Deutsche Bank AG, DB USA Corporation, and Deutsche Bank AG New York Branch
The Federal Reserve Board on Thursday announced the execution of the following enforcement action listed below:
Federal Reserve Board issues enforcement actions with former employee of Regions Bank and former employee of United Community Bank
The Federal Reserve Board on Thursday announced the execution of the enforcement actions listed below:
UK cinemas look at banning Meta smart glasses over piracy fears
Trade body says local chains would have to balance concerns with potential benefits of AI-enabled technology
Lewes rail line to reopen in September as work under way to remove train
The East Sussex railway line on which a train derailed will reopen in September as crews continue to remove the carriages that left the track.
‘Star Wars vibes:’ Chainlink’s McCormick sees AI agents, robots driving blockchain transactions
McCormick expects a multi-chain future as AI lowers the cost of creating new blockchain networks, increasing the need for interoperability.
MiCA cracks down on USDT in Europe... but no one else cares
USDT is disappearing from regulated European platforms, but there is little sign that it has resulted in weakening global demand for Tether.
Travelodge boss quits amid fallout over hotel chain’s security failings
Joanna Boydell steps down after widespread criticism over company’s handling of guest safety issues
Founder of China’s Evergrande jailed for life after pleading guilty to fraud
The founder of Evergrande, one of China’s largest property developers, has been sentenced to life in prison and had all of his personal property confiscated.
OpenLedger’s Ram Kumar sees agentic payments as crypto’s first AI ‘killer app’
OpenLedger core contributor Ram Kumar sees agentic payments as a major crypto use case as AI agents lack traditional banking access.
Evernorth eyes DeFi opportunities as XRP Ledger weighs native lending
The XRP-focused digital asset treasury firm plans to put its holdings to work as it also moves through the process of going public.
GSR’s Baehr says tokenized fixed income could play key role in institutional collateral
The idea of mass tokenization of equities is "exciting," said Andy Baehr, managing director of asset management at GSR.
Securitize’s Redfearn says SEC held back crypto innovation exemption over Clarity Act politics
Securitize says the SEC delayed its crypto trading exemption to avoid complicating Senate votes on the Clarity Act.
Consumers warned to beware of risky mini-bonds and loan notes
The FCA is warning consumers about the risks of investing in loan notes and mini-bonds issued by unregulated companies, after continuing to see people lose money in these high-risk investments.