Kraken operator Payward and Singapore Gulf Bank platform for 24/7 institutional crypto settlement
The two firms will initially roll out the digital assets settlement service to select institutional clients in Asia and the Gulf region with aroundtheclock…
The average U.S. stock is quietly getting crushed. Morgan Stanley says these ones are worth buying now.
Investors have fallen out of love with a large chunk of stocks, such as industrials, and Morgan Stanley sees an opportunity to pick up some names on the cheap.…
What Bessent is now saying after bond yields didn’t stop rising on ‘I am the house’ remark
In a televisxed interview with Axios, Treasury Secretary Bessent defended his department’s record in the bond market and walked back his “I am the house”…
Kraken parent adds 24/7 dollar settlement with Singapore Gulf Bank
The partnership will enable select institutions in Asia and the Gulf region to instantly settle US dollar transactions through the bank’s SGB Net…
This $23 billion software deal was struck at a decade-low valuation, as AI winner takes out loser
Schneider Electric, the maker of electrical equipment that has thrived from the AI buildout, on Monday struck a $23 billion deal to buy an industrial design…
Bitcoin zooms toward $87,000, nearly setting an eight-month high, then reverses
Bitcoin came within about $500 of its lateSeptember peak before sellers pushed it back under $86,000. It's the second rally in a week to stall. Source:CoinDesk
OKX, NYSE parent file to launch tokenized US stock platform
The stock trading platform seeks to offer tokenized shares in more than 60 USlisted companies under the SEC’s recently introduced innovation exemption.…
Crypto poured years into new products. The next challenge is keeping users
Crypto firms have spent years building financial products on blockchains. Getting people to use them — and keep using them — is becoming the next challenge.…
Trump taps intel chief Jay Clayton to lead new Super Intelligence Force
President Donald Trump said US intel chief Clayton will lead the SIF, reporting to the president and Chief of Staff Susie Wiles. Source:Cointelegraph
The Clarity Act stalled. Bankers aren’t hitting the brakes yet on crypto dealmaking
Crypto M&A has hit record levels, but the Clarity Act’s Senate setback leaves dealmakers weighing how much regulatory uncertainty still matters. Source:CoinDesk
Japan adds Garantex to list of Russia sanctions over Ukraine war
Garantex was previously sanctioned by the US, the EU and other jurisdictions for helping Russian entities evade financial restrictions. Source:Cointelegraph
Payments firm OpenPayd targets year-end Nasdaq listing to fund U.S. expansion and acquisitions
CEO Iana Dimitrova said OpenPayd aims to launch in the U.S. by April 2027 and is eyeing deals to add licenses and technology. Source:CoinDesk