Fintech
Ribbon Built a Super-App for Global Indians. It Ran Out of Runway.
Ribbon is closing its e-money accounts after expected funding failed, exposing the capital, safeguarding, and regulatory plumbing behind fintech super-apps.
Fintech
FTX Starts a $900 Million Creditor Payout. The Crypto Is Gone, Naturally.
FTX starts a $900 million creditor payout today, exposing how crypto bankruptcy turns vanished tokens into dollar claims and compliance paperwork.
Fintech
The CLARITY Act Just Made Crypto Regulation a Race to August Recess
The Senate’s revised CLARITY Act adds crypto ethics rules and stablecoin oversight, but its August deadline may be harder than the blockchain.
Fintech
Circle Got a Trust Bank for USDC and Made Crypto Wear a Tie
Circle's new OCC-approved trust bank pulls USDC deeper into the federal perimeter, proving stablecoin ambition now looks less bankless and more chartered.
AI
Anthropic Asked to Be Regulated. The Government Took It Literally.
The U.S. forced Anthropic to disable Claude Fable 5 and Mythos 5, turning the AI safety lab's favorite policy argument into a weekend outage.
Fintech
Big Banks Built Tokenized Deposits So Stablecoins Stop Stealing Treasury Work
The Clearing House tokenized-deposit push shows big banks absorbing stablecoin-style speed and programmability into regulated treasury and settlement rails.
Fintech
Trump Wants Fintechs on the Fed's Rails. Banks Reach for the Smelling Salts.
Trump's fintech order and the Fed's payment-account proposal reopened the fight over who gets direct access to America's money pipes at all.
Fintech
Mercury Raised $200 Million to Stop Renting a Bank and Become One
Mercury's $200 million round is really a bank charter story: the startup-fintech stack wants to stop renting sponsor banks and own the pipes.
Fintech
PayPal Made Wallet Funding Weird Enough for the FCA
The FCA's PayPal wallet probe spotlights who controls checkout when cards, bank accounts, and digital wallets all want to be the front door.
Fintech
The ECB Wants a Digital Euro That Taps Like Visa and Bills Like Sovereignty
The ECB’s new digital euro standards push is really a bid to stop Europe renting payments from Visa, Mastercard, and wallet gatekeepers.
Fintech
Stablecoin Founders Keep Applying for Bank Charters, Because Apparently the Endgame Was Banking All Along
OCC stablecoin rules and a growing bank-charter queue show crypto’s next act is less anti-bank rebellion, more reserves, audits, and supervision.
Fintech
The FDIC Just Explained Stablecoins to Banks, and the Answer Is: Fine, but Bring Capital
The FDIC’s April stablecoin proposal shows where fintech is headed: tokenized money can go mainstream, but only under bank-style rules.