The group policing future bets on sports or elections now faces tough questions. Recent moves suggest its leaders favor companies tied to high-profile political figures over fair play. In letters sent mid-2026, a senator asked why enforcement actions dropped sharply after leadership changed. Teams o
The U. S. watchdog for derivatives markets recently pointed out that round-the-clock trading fits blockchain assets well, but may not suit older, slower industries. In a letter sent to businesses it regulates, the agency explained that always-on markets make sense for digital tokens and crypto contr
Behind every major AI push sits a team of finance chiefs making the big calls. Six women now hold the purse strings at Meta, Microsoft, Alphabet, Oracle, OpenAI, and Nvidia—each steering billions into AI infrastructure. Their spending plans read like science fiction budgets: Microsoft alone plans to
The US government agency that watches over trading is quietly getting a tech upgrade. With fewer people on staff, it’s turning to artificial intelligence to check applications for crypto businesses faster. Instead of reading every document by hand, the agency is training its team on AI tools to spot
Snap Inc. has named Doug Hott as its new chief financial officer, following the exit of Derek Andersen after almost eight years with the company. The change comes just days after Snap announced layoffs, as the firm aims to become profitable again. Andersen will make his last earnings call on May 6
A new leader is stepping into the crypto world with a background that blends Wall Street’s strict rules with the fast-moving digital asset space. She’s not a typical tech founder—she’s a finance executive who started in retail banking, climbed the ranks at big firms like Citigroup, and later dove in
The company behind an AI tool that digs through business documents just hired a new chief financial officer. After using the platform for years as an investor, she now runs its finances. The tool indexes over half a billion documents—SEC reports, earnings calls, research papers—so finance teams can
The Commodity Futures Trading Commission (CFTC) is making a bold move to claim full control over prediction markets, a fast-growing sector blending cryptocurrency with event-based betting. Instead of waiting for states to set rules, the agency is suing three states— Arizona, Illinois, and Connecticu
The U. S. Commodity Futures Trading Commission has announced a fresh team aimed at making the crypto world easier to navigate. The task force, named for its focus on innovation, was set up by the commission’s chairman back in March. The group is led by Michael Passalacqua, who currently advises the
The fight over who controls sports betting isn’t just about who gets the tax money. A new legal battle pits federal regulators against Arizona, with big implications for apps that let people bet on anything from games to elections. At the center? A company called Kalshi, which runs prediction market
