AI-Analyzed News
Every story read across 19 dimensions.
US Treasury sanctions Shelbit and Aban Tether over Iran-linked crypto
The U.S. Treasury's Office of Foreign Assets Control designated digital asset exchanges Shelbit and Aban Tether and operator Siavash Kayvanpour for…
2 min read
IMF official warns local stablecoins may boost digital dollar use
IMF first deputy managing director Dan Katz said domestic-currency stablecoins intended to reduce reliance on dollar-backed tokens could instead make…
2 min read
US sanctions digital asset exchanges and network aiding Iran
The US imposed sanctions on six entities and one individual it says operated a multinational digital asset network that moved millions to Iran and…
3 min read
Russia uses A7 payment network to bypass western sanctions
A state-backed payment network called A7 is reported to move more than $100 billion a year in foreign trade payments and to help Russia evade western…
1 min read
US sanctions crypto exchanges linked to Iran
The United States expanded sanctions on Iran by blacklisting two cryptocurrency exchanges and penalizing several networks tied to the country's…
1 min read
ConocoPhillips names Andy O'Brien as chief executive
ConocoPhillips announced that finance chief Andy O'Brien will become its new chief executive and join the board, succeeding Ryan Lance, who will…
1 min read
China opposes US trade restrictions on tech products
China criticized reported US plans to restrict imports of Chinese optical transceivers and to impose additional tariffs and price controls on…
1 min read
Laser Digital invests in ZIGChain
Laser Digital, the digital assets arm of Nomura Group, has made a strategic investment in UAE layer1 blockchain ZIGChain, with the amount reported as…
1 min read
Bitwise CIO says crypto can survive Clarity Act failure
Bitwise chief investment officer Matt Hougan said he gave the Clarity Act about a 50-50 chance of passage, while noting Polymarket odds later fell to…
3 min read
China taxes offshore insurance returns, hits Prudential shares
Shares of Prudential Plc fell as much as 13% to an intraday low of 952.20 pence after Caixin reported that mainland tax authorities have started…
1 min read
U.K. regulator changes IPO information-sharing rules
The U.K.'s Financial Conduct Authority introduced changes to rules on information sharing tied to initial public offerings, aiming to make London a…
1 min read
BlackRock to tokenize money market fund shares with JPMorgan
BlackRock will offer tokenized versions of select European money market funds using JPMorgan's Kinexys blockchain infrastructure, covering pound…
2 min read
US and UK coordinate digital asset regulation
US and UK regulators met as part of the 13th Financial Regulatory Working Group in London on July 8 and later issued a joint statement on Aug. 4…
2 min read
Lockheed Martin negotiates U.S. scandium and germanium supply deals
Lockheed Martin is negotiating to source two critical minerals from U.S. projects: a preliminary agreement with Colorado-based NioCorp to supply 15…
2 min read
BaFin clears UniCredit application to increase Commerzbank stake
UniCredit SpA's gradual takeover of Commerzbank AG reached a regulatory milestone when Germany's financial regulator told the Italian bank its…
1 min read
Russia enacts first comprehensive crypto regulation
Russian President Vladimir Putin signed a law that for the first time provides comprehensive rules for the circulation of digital currencies and…
3 min read
Yellow Card shutters retail app to focus on stablecoin infrastructure
Yellow Card, an African cryptocurrency company founded in 2016, will end nearly a decade of retail trading services and stop serving retail customers…
2 min read
Bitdeer signs colocation lease for Norway ai data center
Bitdeer Technologies Group has executed a colocation lease at its Tydal facility in Norway to host what is expected to be the country's largest ai…
2 min read
Prologis agrees to acquire SEGRO for $18.8 billion
Prologis announced a recommended acquisition of SEGRO valued at about $18.8 billion, in which SEGRO shareholders will receive 0.0920 new Prologis…
2 min read
Visa cuts about 7% of its workforce
Visa announced on 28 July that it will cut about 7% of its global workforce, roughly 2,600 roles, chiefly in technology and product teams, with CEO…
6 min read
FAA certifies Boeing 737 Max 7
The Federal Aviation Administration has certified Boeing's 737 Max 7 after almost a decade of review and 441 test flights totaling 686 hours…
3 min read
Texas pauses new data center grid connections
Texas Gov. Greg Abbott ordered a temporary halt to new data center connections to the state electric grid and directed the Public Utility Commission…
4 min read
Nigeria embraces cryptocurrencies as regulators unify oversight
Nigeria announced a coordinated regulatory shift that fully recognises cryptocurrencies, stablecoins, and virtual assets, with the central bank…
3 min read
Kenya puts academic records on blockchain for verification
Kenya's National Examinations Council and Avalanche have launched a blockchain-based verification platform that places over 30 million academic…
2 min read