The clash between traditional banks and crypto firms has reached a turning point. For years, big banks resisted letting crypto into the financial mainstream, raising concerns about fraud, dirty money and stability. They argued crypto companies shouldn’t get the same access to banking benefits withou
A quiet meeting in Washington shows how cryptocurrency is changing the way taxes get written. Behind closed doors, tax experts from both sides of the aisle sat down with financial professionals to sketch out rules that could become law soon. Instead of fighting over every word, they swapped ideas on
A new Bitcoin fund from Morgan Stanley just wrapped up its first month without losing a single dollar. While other big Bitcoin ETFs watched investors pull out over $400 million in just two days recently, Morgan Stanley’s fund not only kept hold of its money but added another $13 million. That’s a st
Starting mid-May, Chinese companies trading in Hong Kong will have more options when picking auditors. The country’s finance and stock market watchdogs just greenlit RSM and Baker Tilly, two accounting firms based in China, to handle these audits. This move follows a 2025 decision to expand the list
A Swedish company just made it easier for regular investors to bet on Sui, a fresh blockchain that claims to handle transactions super fast with almost no fees. Virtune, a regulated crypto asset manager, launched the Virtune Sui ETP on Nasdaq Stockholm, letting people buy shares linked directly to t
Since 2022, Tbilisi has quietly become a hotspot for turning digital coins into real cash. One local exchange, now adding new currencies and bank options, is making it easier for people to swap crypto without jumping through hoops. Instead of just handing over USDT for cash on the spot, clients can
Central banks around the world now see stablecoins as a major financial challenge, not just a cryptocurrency experiment gone too far. These digital dollars, euros, or other currency-backed tokens have grown big enough to disrupt traditional banking in ways regulators never anticipated. Unlike bank d
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
Big banks like JPMorgan can't keep treating blockchain tech like a side project anymore. Jamie Dimon says his own company needs to speed up, or lose ground to smaller rivals using tokens and smart contracts to handle money differently. Tokenization is turning real things—like government bonds or sh
The euro is on the table for a major upgrade. Euro zone finance ministers are gathering to brainstorm ways to give the euro more clout on the world stage. The goal? To make Europe less dependent on the economic whims of the U. S. and China. One big idea is to tear down internal trade barriers withi
