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Fasset Gets License for World’s First Stablecoin Islamic Bank
The company will operate in a regulated Sandbox for Islamic fintech, expanding its digital asset platform to full banking services.
Planned offerings include...
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De-Dollarization Faces Mounting Hurdles Amid Global Push
De-dollarization faces significant barriers due to the strong global presence of the U.S. dollar.Switching away from the dollar requires substantial government spending, including rewriting...
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Elon Musk Taps Ex-Morgan Stanley Banker Armstrong as xAI CFO Amid Churn
Anthony Armstrong has been named chief financial officer of xAI, Elon Musk's Artificial Intelligence company.
Armstrong previously served as a banker at Morgan Stanley and...
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India to Launch RBI-Backed Digital Currency, Clamps Down on Crypto
India will launch a digital currency guaranteed by the Reserve Bank of India (RBI).
The government will continue to tax unbacked cryptocurrencies heavily instead of...
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Democrats’ Push on Obamacare Subsidies Stalls Funding Deal
U.S. government shutdown enters its sixth day after lawmakers fail to reach a funding agreement.
The main dispute centers on extending funding for Obamacare subsidies,...
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Bitcoin Soars Past $126,000 Amid US Dollar Woes and ETF Demand
Bitcoin exceeded $126,000 for the first time ever on October 6.
Institutional investment and demand for Bitcoin exchange-traded funds (ETFs) have surged.
The start of a...
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Bitcoin Hits $126K, Propelling Miners’ Stocks to Double-Digit Gains
Bitcoin surge drove double-digit gains for crypto mining stocks and treasury firms on Monday.Argo Blockchain led growth with a 96% rise on the London...
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Standard Chartered: $1T May Shift From EM Banks to Stablecoins by 2027
Up to $1 trillion could transfer from emerging-market banks to stablecoins in the next three years, according to Standard Chartered.
About two-thirds of the current...
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Calacanis bets four self-driving stocks will be bought in 24 months
Early Uber investor Jason Calacanis bought small positions in WeRide, PONY, LCID, and RIVN, betting all four get acquired...
Bessent frontrunner for Trump AI czar role
US Treasury Secretary Scott Bessent is reportedly the frontrunner to become President Trump’s next AI czar.The role became vacant...
Salesforce ties Anthropic bet, Slack AI to counter SaaS threat
Salesforce CEO Marc Benioff stated Microsoft’s OpenAI ties blocked Salesforce from investing, leading to a lucrative Anthropic bet.Benioff claims...
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Buterin: Fusaka and zkVMs ‘solve’ Ethereum’s trilemma by2030
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Trump touts ‘fair’ Clarity Act at White House crypto meeting
President Donald Trump called on Congress to pass a...
Jim Cramer Calls Bitcoin ‘Insurance’ Against $37T US Debt Crisis
Jim Cramer considers digital assets like Bitcoin and Ethereum...
