Today: July 01, 2024
Today: July 01, 2024

Latest From Hannah Lang

News|Political

US Treasury finalizes new crypto tax reporting rules

The U.S.

US Treasury finalizes new crypto tax reporting rules
Business|Economy|Technology

Crypto firm Abra reaches settlement with US states for operating without licenses

Financial regulators in 25 U.S. states announced on Wednesday a settlement with cryptocurrency investment platform Abra and its CEO for operating without required state

Crypto firm Abra reaches settlement with US states for operating without licenses
Business|Technology

PayPal hires Walmart exec as chief technology officer in AI push

PayPal has hired one of Walmart's top tech executives Srini Venkatesan to head up the company's push into artificial intelligence as its new chief technology officer, the

PayPal hires Walmart exec as chief technology officer in AI push
Business|Technology

Apple turns to third parties for 'buy now, pay later' after sunsetting product

Although Apple is discontinuing its buy now, pay later service launched last year, the company is sticking with the product, with a successor to the offering launching later

Apple turns to third parties for 'buy now, pay later' after sunsetting product
Business

Gemini to return $1.1 billion to customers, pay fine in settlement with New York regulator

Cryptocurrency exchange Gemini will return at least $1.1 billion to customers of its defunct lending program and pay a fine of $37 million for unsafe and unsound practices

Gemini to return $1.1 billion to customers, pay fine in settlement with New York regulator
Business

Banks should be managing risks from fintech partnerships, regulator says

Banks that work with financial technology companies to offer banking services should be actively managing risks associated with those relationships, a leading U.S. bank

Banks should be managing risks from fintech partnerships, regulator says
Business

PayPal to launch AI-based products as new CEO aims to revive share price

PayPal is launching new artificial intelligence-driven products as well as a one-click checkout feature, the company said on Thursday as its chief executive tries to inject

PayPal to launch AI-based products as new CEO aims to revive share price
Business

Explainer-Why a US bitcoin ETF is a game-changer for crypto

The U.S.

Explainer-Why a US bitcoin ETF is a game-changer for crypto
Business

Analysis-US fintechs push into fixed-income trading as retail investor interest grows

U.S. financial technology companies that popularized amateur stock trading are pushing into fixed income in a bid to capitalize upon growing retail investor interest sparked

Analysis-US fintechs push into fixed-income trading as retail investor interest grows
Business

Crypto market eyes interest rates and expected bitcoin ETFs in 2024

After ending 2023 on a high, crypto investors will be watching central bank interest rates and a U.S. regulatory decision on new bitcoin products as they decide how to place

Crypto market eyes interest rates and expected bitcoin ETFs in 2024
Business

US crypto industry lobby spending on track for new record in 2023

The cryptocurrency industry was on track to hit a new record for federal lobbying spending, after a year in which firms scrambled to repair their reputations and

US crypto industry lobby spending on track for new record in 2023
Business

US will be forced to curtail crypto if industry fails to act on illicit finance threats- official

The U.S. government will cut off cryptocurrency companies from the broader U.S. economy if they fail to block and report illicit money flows, Deputy Treasury Secretary Wally

US will be forced to curtail crypto if industry fails to act on illicit finance threats- official
Business

Analysis-US consumer watchdog hands Wall Street rare win with Big Tech crackdown

The U.S. consumer watchdog, not usually known to side with Wall Street lenders, has handed them a rare win by cracking down on Big Tech companies that are increasingly

Analysis-US consumer watchdog hands Wall Street rare win with Big Tech crackdown
Business

Coinbase beats estimates but sees lower trading volumes in third quarter

Cryptocurrency exchange Coinbase on Thursday beat estimates for third-quarter revenue, but saw trading volumes decline for the second quarter in a row.

Coinbase beats estimates but sees lower trading volumes in third quarter
Business

FTX's COO Wang agreed to be witness for US authorities in Bankman-Fried probe, book says

Former FTX chief operating officer Constance Wang agreed to serve as a witness for U.S. prosecutors in their case against the crypto exchange's founder and former CEO Sam

FTX's COO Wang agreed to be witness for US authorities in Bankman-Fried probe, book says
Business|Economy

US consumer watchdog fines Chime $3.25 million for delaying refunds

Digital bank Chime will pay a penalty of $3.25 million to the U.S.

US consumer watchdog fines Chime $3.25 million for delaying refunds
Economy

Payments app Zelle begins refunds for imposter scams after Washington pressure

Banks on the payment app Zelle have begun refunding victims of imposter scams to address consumer protection concerns raised by U.S. lawmakers and the federal consumer

Payments app Zelle begins refunds for imposter scams after Washington pressure
Economy|Political

US crypto super PACs have raised more than $100 million, report says

Outside political groups tied to the cryptocurrency industry have raised more than $102 million to spend on the upcoming U.S. congressional elections in order to elevate

US crypto super PACs have raised more than $100 million, report says
Political

Trump lawyer Tacopina withdraws from Manhattan legal team

Joseph Tacopina, an attorney on former U.S.

Trump lawyer Tacopina withdraws from Manhattan legal team
World

Lawmakers urge White House to crackdown on Hamas use of crypto after Israel attack

A bipartisan group of lawmakers is urging the Biden administration to swiftly crack down on the use of cryptocurrencies by Hamas and its affiliates following the Palestinian

Lawmakers urge White House to crackdown on Hamas use of crypto after Israel attack
Business|Economy|Technology

Digital bank Chime debuts advance wage product ahead of anticipated IPO

U.S. digital bank Chime is launching a product that will allow customers to access up to $500 of their wages before payday, the latest move by a financial technology company

Digital bank Chime debuts advance wage product ahead of anticipated IPO
News|Political

US consumer watchdog will apply credit card rules to buy now, pay later companies

The U.S.

US consumer watchdog will apply credit card rules to buy now, pay later companies
Economy|News|Technology|World

US Lawmakers press Biden administration on use of crypto to evade sanctions

Two lawmakers are pressing the Biden administration on the use of cryptocurrency to evade sanctions in Russia, Iran and North Korea, asking officials what additional

US Lawmakers press Biden administration on use of crypto to evade sanctions
Business|Economy|Health|News

Buy now, pay later lender Affirm pushes into elective medical procedures

Fintech lender Affirm has started quietly offering "buy now, pay later" (BNPL) loans for elective medical procedures, in a major push beyond its core e-commerce market, the

Buy now, pay later lender Affirm pushes into elective medical procedures
News

Top military officials were initially unaware of Austin's hospitalization -media

The number two at the U.S.

Top military officials were initially unaware of Austin's hospitalization -media

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