All news
Coinbase Previews Trading of Physical Pokémon Card Packs
Coinbase is expanding its Everything Exchange strategy by allowing users to purchase and open Pokémon trading card packs directly through its app. The feature promises a digital interface for "ripping packs," with every virtual pull backed by a physical collectible that users can either vault in storage or request for delivery.
AllUnity Expands MiCA-Compliant Stablecoins With Dollar-Backed USDAU
Frankfurt-based AllUnity has launched USDAU, a US dollar-backed stablecoin available across six blockchain networks. Regulated under the European Union’s Markets in Crypto Assets (MiCA) framework, the token allows institutional clients to conduct cross-border settlements and foreign exchange through the company’s existing business infrastructure.
Close Brothers Halves Losses as Restructuring Gains Momentum
A pre-tax operating loss of £60.3 million marks a significant recovery for Close Brothers in the 2026 financial year, cutting the previous year’s deficit by more than half. The UK financial group continues to navigate the fallout from the motor finance mis-selling scandal while aggressively trimming its cost structure.
Binance Pay Integrates With Japan’s PayPay Network
Over 48 million overseas Binance Pay users can now spend cryptocurrency at millions of merchant locations across Japan. The integration, launched September 30 via the HIVEX payment network, allows international travelers to pay via QR codes while merchants continue to receive settlements exclusively in Japanese yen.
Crédit Agricole Enters Natural Capital Market with EcoTree Acquisition
Crédit Agricole has established a dedicated division, Crédit Agricole Capital Naturel, to spearhead investments in ecosystem restoration and natural resource preservation. The move signals a shift toward institutionalizing nature-based solutions, beginning with an aggressive expansion into forestry through the acquisition of a majority stake in EcoTree.
Redmayne Bentley and Broadridge Announce Leadership Appointments
UK investment firm Redmayne Bentley has tapped industry veteran Pete Donaldson to lead its financial planning division, while Broadridge Financial Solutions has created a new international role for Theo Golden to spearhead the development of tokenized products as the firm continues its push into digital asset markets.
New Investment Vehicles From Fidelity, Schroders, and Baillie Gifford
Major asset managers are expanding their product lineups to address volatile market conditions, with Fidelity International launching a UK-domiciled absolute return fund and Schroders listing two new active fixed income ETFs on the London Stock Exchange as demand for diversified, resilient portfolios continues to grow.
Liontrust expands multi-asset reach with Hawksmoor acquisition
UK asset manager Liontrust has agreed to acquire the fund management and portfolio services arms of Hawksmoor for an initial £6 million in cash. The deal, which includes two potential £2 million performance-based payments, adds £1.9 billion in assets under management and integrates a specialized investment team into the firm’s existing structure.
Laurent Garret Joins RockFi to Scale Wealth Management Ambitions
After four decades navigating the traditional corridors of international banking, Laurent Garret is pivoting to fintech. The former director general of Banque Neuflize OBC has joined French wealth management firm RockFi as an investor, senior advisor, and president of its newly minted endowment fund, RockFi Philanthropy.
HSBC Unveils RedCoin Stablecoin for Hong Kong Market
Hong Kong’s largest lender, HSBC, has officially named its forthcoming stablecoin RedCoin, with plans to initiate a rollout in the second half of 2026. The bank intends to integrate the token directly into its PayMe and mobile banking platforms, focusing initially on consumer-facing transfers and merchant payments.
Robinhood to Launch Crypto Perpetual Futures With 10x Leverage
Robinhood is set to introduce crypto perpetual futures for U.S. customers, offering leverage of up to 10x on Bitcoin and Ether. The brokerage, operating through its registered futures commission merchant, plans to roll out the products in the coming months, marking a significant expansion into domestic derivatives trading.
Illinois Proposes Tax Rules for Crypto Transactions Starting 2027
Illinois residents face a 0.2% levy on digital asset transactions beginning January 1, 2027, under draft regulations released by the state’s Department of Revenue. The proposal clarifies how the tax applies to stablecoins, decentralized finance, and wallet transfers while carving out specific exemptions for non-fungible tokens.
Kalshi Eyes $40 Billion Valuation in Fresh Funding Push
Prediction market platform Kalshi is in advanced negotiations to secure approximately $1 billion in new capital, a move that would push the company’s valuation to $40 billion. This potential financing follows a rapid growth trajectory for the firm, which reached a $22 billion valuation just months ago in May.
Ripple and CSD BR Launch Blockchain Audit Layer for Brazilian Funds
CSD BR has begun mirroring investment fund records onto the public XRP Ledger, marking the first time a licensed central securities depository is using a public blockchain to provide an independent audit layer for regulated capital markets, starting with shares from BTG Pactual.
Trump and Tech Titans Unveil Voluntary AI Safety Accord
President Donald Trump and a cohort of Big Tech executives, including Elon Musk and Mark Zuckerberg, have announced a non-binding "Joint Commitment on Frontier Responsibilities" regarding artificial intelligence. The agreement pivots on industry self-policing, drawing sharp criticism from lawmakers and activists who argue that voluntary guardrails are insufficient to mitigate mounting risks.
Franklin Templeton bets on German and Spanish bonds amid political flux
David Zahn, head of European fixed income at Franklin Templeton, is positioning his portfolio toward German and Spanish debt while steering clear of French and Italian markets. He argues that current interest rate hikes have been over-priced by the market, creating a window for selective investment despite rising European political volatility.
Supreme Court Clears Way for Third-Country Deportations to South Sudan
The U.S. Supreme Court has cleared the path for the Trump administration to deport eight men to South Sudan, a nation where most have no ties and which the U.S. government warns Americans to avoid. The 7-2 decision effectively ends a legal standoff over the controversial third-country removal policy.
Supreme Court Allows Resumption of Third-Country Deportations
The US Supreme Court has cleared the way for the Trump administration to resume the rapid deportation of immigrants to third countries, overriding a lower-court mandate that previously required officials to screen detainees for potential risks of persecution or torture in their destination nations.
Fed Governor Barr Pushes for Rate Hikes as Market Conviction Cools
Federal Reserve Governor Michael Barr is pressing for further interest-rate increases to pull inflation toward the 2% target, even as market confidence in an October hike has slipped to 50%. The shift follows comments from New York Fed President John Williams, who signaled a more patient approach to policy adjustments.
Riot Platforms Settles $200 Million Coinbase Credit Facility
Riot Platforms has officially shuttered its $200 million Bitcoin-backed credit line with Coinbase Credit, fully repaying the outstanding principal and accrued interest as of September 21. The move effectively releases the company’s pledged assets, which included over 5,800 BTC, from the lender’s security interests following a voluntary prepayment.
GSN CEO calls for conduct-based rules on political memecoins
California’s enactment of AB 2409 has sharpened the debate over political memecoins, prompting Global Settlement Network CEO Ryan Kirkley to argue that regulators should target officials' financial conflicts rather than imposing broad, indiscriminate restrictions on digital asset markets.
PhRMA Taps Former House Leader Eric Cantor to Lead Lobbying Arm
Former House Majority Leader Eric Cantor is joining the Pharmaceutical Research and Manufacturers of America as president and CEO. The move by the powerful lobbying group arrives as public pressure mounts for the federal government to aggressively regulate rising prescription drug prices and rein in industry profits.
Ro Khanna Proposes AI Ban Amidst Warnings of Civilizational Risk
Representative Ro Khanna is pushing for federal legislation to impose a temporary ban on recursive artificial intelligence, citing fears of a civilizational extinction risk. The California Democrat argues that current self-regulation by tech firms is insufficient, even as Republican leadership maintains a hands-off stance toward the emerging industry.
Crypto ETFs See $2.39 Billion Inflow as Bond Yields Spike
Crypto investment funds attracted $2.39 billion in weekly inflows, successfully pushing year-to-date net flows back into positive territory. The surge in demand persisted despite a 4.3% retreat in Bitcoin to $83,500, triggered as U.S. ten-year Treasury yields climbed to 5.20%.
Democrats Weigh Impeachment Over Taxpayer-Funded Trump Ads
Congressional Democrats are intensifying calls for accountability after reports surfaced that the Trump administration allegedly diverted $20 million in Department of Homeland Security funds to bankroll partisan campaign advertisements. Critics contend the move constitutes illegal propaganda and potentially an impeachable offense just weeks before the midterm elections.
Bittensor subnet revenue climbs as commercial AI demand takes hold
Subnet operator revenue on the Bittensor network has surged from negligible levels to over $32 million within 18 months, according to Yuma chief revenue officer Evan Malanga. This growth, driven by real-world commercial contracts, signals a transition from speculative interest to tangible implementation in sectors like cybersecurity and industrial monitoring.
Judge Allows First Amendment Lawsuit Against Miami Beach Mayor
A federal judge has cleared the way for a First Amendment lawsuit against Miami Beach Mayor Steven Meiner, who allegedly weaponized local police to confront a resident over her social media criticism of his public stance on the war in Gaza.
Falcon Finance executive challenges metrics for tokenized asset utility
Artem Tolkachev, chief RWA officer at Falcon Finance, argues that low onchain activity for tokenized real-world assets should not be conflated with market failure. He contends that for yield-bearing instruments like Treasury funds, simply holding the token in a wallet fulfills the investor's primary objective of earning passive income.
Bernie Sanders Warns AI Could Displace 100 Million American Workers
Senator Bernie Sanders has launched a sharp critique of the tech industry’s push into artificial intelligence, warning that the rapid adoption of automation threatens to eliminate nearly 100 million U.S. jobs over the next decade. He argues that current corporate strategies prioritize billionaire wealth over the economic security of American families.
Mike Johnson Dismisses Public AI Opposition as 'Chinese Psyop'
House Speaker Mike Johnson has dismissed growing public resistance to artificial intelligence data centers as a foreign influence campaign, characterizing the movement—which includes 75% of Americans—as a "Chinese psyop." His remarks on Fox News frame domestic environmental and economic concerns as a coordinated effort by Beijing to sabotage American innovation.