Bessent says ‘I am the house now.’ What it means for the yen — and U.S. stocks.
Treasury Secretary Scott Bessent has never been accused of being a wallflower, but speaking in front of Southern Methodist University’s business school on…
Brent crude reaches $100 as war in Iran intensifies
Oil prices advanced on Thursday after the U.S. said it destroyed five Iranian crude oil vessels. Source:MarketWatch
India’s financial intelligence unit flags 15 crypto platforms for AML lapses
The Financial Intelligence UnitIndia (FIUIND) issued noncompliance notices to what it calls virtual digital asset service providers. Source:CoinDesk
The ECB is virtually certain to hike rates Thursday. Here is why Wall Street is bracing for what comes next.
While nearly all observers anticipate a rate hike today, there is dissent among bond markets about the terminal rate for this tightening cycle from the ECB.…
Iran eases currency rules to bypass US sanctions with crypto: Report
Exporters can now fund imports with overseas earnings without first selling their foreign currency at official rates, the Financial Times reported.…
Jack Dorsey’s Block seeks US trust bank charter for Bitcoin, stablecoin
The proposed Builders Bank would offer federally supervised digital asset custody but would not accept deposits or issue loans. Source:Cointelegraph
Live updates: XRP funds stand out among U.S. ETFs as bitcoin, ether, solana funds see outflows
XRP ETFs took nearly $2 million on Tuesday while bitcoin, ether, solana and hyperliquid funds all lost money. Grayscale's products account for the entire…
Anthropic researcher quits with a warning on AI that echoes 'The Terminator' script
The people building AI earnestly believe that it could kill us all by the end of the decade, Coxon said on X, explaining his resignation. Source:CoinDesk
Gemini receives Singapore payment license for crypto services
Gemini’s local entity is authorized to provide digital payment token and crossborder money transfer services without standard transactionvolume limits.…
Hunter Biden defends LAPTOP ahead of Wednesday launch, calls TRUMP a ‘grift’
Biden says the token is about “resilience, redemption and recovery” and will give coins to nearly one million wallets that lost money on TRUMP. Source:CoinDesk
Moonshot’s Kimi rattled markets. U.S. agencies now say it was trained on American models
Moonshot, whose Kimi model rattled markets earlier this year, is among six Chinese AI firms accused of systematically extracting capabilities from U.S. models.…
Malone Lam pleads guilty in $245M crypto theft conspiracy
US prosecutors said Lam organized an international network that targeted cryptocurrency holders through social engineering and home breakins.…