Tagged: us

September 5, 2026 @ 11:33 am By Omar Faridi  |  

Connecticut officials have issued a public warning about the dangers of using unregulated overseas decentralized finance platforms after one state resident transferred a large sum that could not be retrieved. Attorney General William Tong released the consumer alert on September 3, 2026, together with Banking… Read More

September 4, 2026 @ 9:04 am By Omar Faridi  |  

Revolut has taken a major step toward operating as a fully licensed bank in the United States. On September 3, 2026, the company said the Office of the Comptroller of the Currency (OCC) granted preliminary conditional approval for a national bank charter that would allow… Read More

September 3, 2026 @ 5:00 pm By Omar Faridi  |  

A Michigan circuit court has extended restrictions that keep Kalshi from offering sports-related prediction contracts to people in the state, converting an earlier short-term freeze into a preliminary injunction that remains in place while the underlying lawsuit proceeds. Ingham County Circuit Judge Rosemarie E. Aquilina… Read More

September 3, 2026 @ 8:26 am By Omar Faridi  |  

Payward Inc., the parent of crypto exchange Kraken, has not confirmed a new public-listing date, and the company has not issued a statement postponing its IPO. The latest reporting, based on people familiar with internal planning rather than an official announcement, says the firm is… Read More

September 3, 2026 @ 12:43 am By Omar Faridi  |  

American households are holding a relatively steady outlook on their finances even as many continue to stretch budgets, delay purchases, and lean on savings or credit, according to the latest EY-Parthenon Consumer Sentiment Survey. The sixth wave of the study, released August 10, 2026, found… Read More

September 2, 2026 @ 8:06 am By Omar Faridi  |  

Binance has taken another step toward becoming a full multi-asset venue by introducing options on more than 1,000 selected U.S.-listed stocks and exchange-traded funds. The product went live on September 1, 2026, and is available only to eligible customers outside the United States. The contracts… Read More

September 1, 2026 @ 9:49 am By Omar Faridi  |  

The US Department of War has begun offering a specialized version of OpenAI’s chatbot across its central generative-AI environment, expanding the tools available to millions of service members, civilians, and contractors for everyday unclassified work. On August 31, 2026, officials activated ChatGPT Mil on GenAI.mil,… Read More

August 30, 2026 @ 11:02 am By Omar Faridi  |  

US based and international banks are quietly redrawing their digital money strategies as competition from privately issued stablecoins intensifies in 2026. According to The Wall Street Journal, JPMorgan Chase (NYSE:JPM) has held early internal conversations about whether it should issue its own stablecoin. At the… Read More

August 30, 2026 @ 2:52 am By Omar Faridi  |  

Ripple has expanded its institutional prime brokerage offering with the debut of a new Delta One desk inside Ripple Prime, giving professional investors another way to gain equity-linked exposure through total return swaps. The announcement, dated August 27, 2026 from San Francisco, positions the service… Read More

August 27, 2026 @ 8:32 am By Omar Faridi  |  

Connecticut officials have taken prediction-market operator Kalshi to state court, asking a judge to halt what they describe as unlicensed sports betting offered through the company’s event contracts. Attorney General William Tong, Consumer Protection Commissioner Bryan T. Cafferelli, and Governor Ned Lamont announced the action… Read More

August 25, 2026 @ 3:46 pm By Omar Faridi  |  

A San Francisco-based entrepreneur with roots in the gaming industry has been found guilty of orchestrating a scheme that defrauded investors in a cryptocurrency trading fund of nearly $1 million. On August 24, 2026, a federal jury in the Northern District of California convicted Japheth… Read More

August 25, 2026 @ 7:14 am By Omar Faridi  |  

The Blockchain Association, an industry advocacy group for digital assets, has voiced strong support for key elements of proposed federal rules implementing customer identification requirements for permitted payment stablecoin issuers under the GENIUS Act. In a comment letter submitted on August 21, 2026, the organization… Read More

August 24, 2026 @ 8:37 pm By Omar Faridi  |  

In mid-August 2026, a senior executive at Chime Financial, Inc. (NASDAQ: CHYM) completed a sizable share sale that was driven by tax requirements rather than any discretionary decision about the company’s outlook. Mark T. Troughton, who serves as president and interim chief financial officer, disposed… Read More

August 24, 2026 @ 1:52 am By Omar Faridi  |  

The native token of the so-called decentralized trading platform Hyperliquid, known as HYPE, has reached a fresh all-time high, surpassing $77 in recent sessions. This milestone caps a strong year in which the asset has advanced almost 200% from the start of 2026. The gains… Read More

August 18, 2026 @ 10:44 am By Omar Faridi  |  

Chinese manufacturers of humanoid robots have solidified a commanding position in the global market, with shipments in the first half of 2026 underscoring the scale of their lead over American competitors. Industry data indicates that firms based in China accounted for more than 97 percent… Read More

August 17, 2026 @ 9:14 am By Omar Faridi  |  

American Express (NYSE: AXP) has introduced enhanced features for its virtual card offerings, aimed at making payment processes more straightforward for commercial clients across the United States. These updates focus on integrating virtual cards into tools that businesses already rely on for managing expenses and… Read More

August 17, 2026 @ 7:06 am By Omar Faridi  |  

On August 14, 2026, the Office of the Comptroller of the Currency (OCC) issued preliminary conditional approval for a national trust bank charter application submitted by World Liberty Trust Company, National Association. The entity is linked to World Liberty Financial, a cryptocurrency platform in which… Read More

August 15, 2026 @ 6:40 pm By Omar Faridi  |  

Arizona residents who fell prey to cryptocurrency ATM scams have begun reclaiming their funds thanks to a state consumer protection measure. Attorney General Kris Mayes recently revealed that her office has assisted 35 individuals in securing complete reimbursements amounting to $171,332. These recoveries stem from… Read More

August 15, 2026 @ 2:42 pm By Omar Faridi  |  

Kalshi, one of the largest US prediction markets platforms, has reportedly removed its sports-related “mention markets” following the launch of a review by the Commodity Futures Trading Commission (CFTC) into this category of contracts. The agency is examining whether these markets are particularly vulnerable to… Read More

August 14, 2026 @ 8:24 am By Omar Faridi  |  

Global payments platform Airwallex has partnered with BNPL Fintech Affirm (NASDAQ: AFRM) to introduce the latter’s flexible installment payment options to eligible U.S. shoppers through its checkout system. The collaboration, announced on August 13, 2026, enables merchants operating on Airwallex in 35 countries to offer… Read More