Business / Finance
Is there any chance left to save the CLARITY Act?
CLARITY isn’t dead after failing a key Senate vote, but with time running short and Democrats still demanding changes, its path forward is narrowing.
Financial Data Giant S&P Global Moves Deeper Into Crypto With OpenZeppelin Deal
S&P Global is expanding into the technology risks underpinning stablecoins, tokenized funds, and other onchain financial products.
Bitcoin coils near $76.5K as US stocks rebound from Fed rate hike
Bitcoin made modest daily gains as US stocks saw upside in the aftermath of the US Federal Reserve’s first interest-rate hike since July 2023.
Revolut reportedly facing $3m ransom demand after hackers steal hundreds of customers’ data
Europe’s largest financial technology company confirmed it had fallen victim to an impersonation scam last weekRevolut is facing a reported $3m (£2.2m) ransom demand after hackers…
Zcash miner Fortitude taps former Hut 8 CEO to lead ahead of public listing
Former Hut 8 CEO Jaime Leverton will take the helm at Fortitude as the Zcash-focused miner expands its operations and moves toward a planned public listing.
In transparency push, OpenAI discloses six more incidents of agents going rogue—including one removing the ‘obligation to be subservient’
They are the first reports OpenAI is putting out under a new disclosure framework.
Kevin Warsh, an angry Trump and Jerome Powell Déjà vu: how history is repeating itself
The S&P 500 fell 1% and the Dow lost 1.7% as the Fed chair said rates weren't restrictive before Wednesday's hike.
The Bank of England is shaking up its bond sales – why does it matter?
What the plan to sell £146bn in gilts back to the Treasury means for the public financesBank of England holds interest ratesBurnham’s talk of ‘breathing space’ at odds with realit…
FCA Targets Three More London Sites Over Unregistered P2P Crypto Trading
"Anyone running an unregistered peer-to-peer crypto business should assume we are looking at them," the FCA's enforcement chief said.
Congress is so dysfunctional and irresponsible it’s only done its job four times since World War II
The federal government had a record $432 billion deficit in July and hit the $40 trillion total debt threshold in August — and Congress took a break.
UK signals end of 'light-touch' era with multi-agency raid on peer-to-peer crypto hubs
Increased enforcement coincides with detailed regulatory guidance issued to crypto firms ahead of the full framework taking effect in late 2027.
U.S. SEC begins prepping for around-the-clock trading that crypto treats as the norm
The U.S. Securities and Exchange Commission dug into plans for around-the-clock trading in an event on the same morning it approved tokenized securities.
Crypto for Advisors: Beyond bitcoin and ether
I Used Credit Card Rewards to Fund a European Vacation — and It Still Cost a Fortune
Credit cards can help you save money on travel, but a completely free trip isn’t realistic.
We are paying a high price for a university education | Letters
Readers respond to an article by Zoe Williams in which she argues that university has become a scamHaving read Zoe Williams’ article on student loans (Why has university become su…
SEC Clears a Path for Tokenized Stocks After Clarity Act Stumbles
The "innovation exemption" lets qualifying venues trade tokenized versions of U.S. stocks on public blockchains without registering as exchanges—though it excludes price-tracking …
Clarity Act failure may hamper U.S. crypto as industry seeks legal clarity elsewhere
The U.S. is likely to lose out to foreign markets in the short term, but SEC and CFTC rules will help underpin the industry.
Money in people’s pockets is the key to economic recovery | Letter
David Redshaw responds to a letter on the bond markets and economic pressures afflicting the UKNeil Kinnock’s timely letter (9 September) reminds us that we are not alone in suffe…
Meta ordered to remove UK deepfakes as oversight board criticises ‘inadequate’ safeguards
Facebook told it was wrong in leaving up AI-generated videos of a Labour councillor and Muslim campaigner, amid calls to curb fakesMeta’s “supreme court” has ordered the tech comp…
What Is Arc? The Stablecoin Blockchain From USDC Issuer Circle
Arc is a new layer-1 blockchain developed by USDC issuer Circle, designed specifically for stablecoin-native finance.
Tax the middle earners! Will the PM do it? – podcast
Former Bank of England economist Andy Haldane said the markets regarded this government as ‘a pretty traditional tax and spend socialist government with better TikTok videos’. Har…
Billionaire TikTok founder is now the richest person in all of Asia, with a $105 billion net worth—he’s gained $92 billion since 2019 thanks to AI
Zhang Yiming, the founder of TikTok parent company ByteDance, is Asia’s richest person—his net worth skyrocketed $12 billion this month alone.
Can Redditors (and Experts) Help You Spend Less on Groceries?
Rethink your shopping habits and leverage loyalty programs to cut food costs.
Mortgage Rates Today, Thursday, September 17: Fed Hikes, Rates Over 7%
Mortgage interest rates already incorporated yesterday's widely-anticipated increase from the Fed. Here's what to expect next.