September 16, 2026 @ 11:57 pm By Omar Faridi  |  

Lithuanian electronic money institution ConnectPay has turned the proprietary core banking stack it built for its own operations into a standalone commercial product. The platform, now branded Serdis, is being offered to other European EMIs and financial institutions that want cloud-native infrastructure they can run… Read More

September 16, 2026 @ 9:59 pm By Omar Faridi  |  

Cross-chain protocol Symbiosis has said it reclaimed about 15 bitcoin after a vulnerability in its native Bitcoin Bridge was used on September 11. The team also extended a 20 percent white-hat bounty to the attacker, with a September 13 cutoff for a direct return of… Read More

September 16, 2026 @ 9:50 pm By JD Alois  |  

A group of seven Democratic senators issued a statement declaring their support for the CLARITY Act after voting against the bill this week, effectively killing it for now. Senators Kirsten Gillibrand, Angela Alsobrooks, Cory Booker, Catherine Cortez Masto, Ruben Gallego, Mark Warner, and Raphael Warnock stated: “Democrats… Read More

September 16, 2026 @ 9:24 pm By Omar Faridi  |  

Mexican federal and state investigators have shut down a concealed cryptocurrency mining site in the mountains of Puebla, seizing hundreds of specialized computers while examining whether the facility stole electricity and helped disguise illicit funds. The property was secured in Tlaola, a remote municipality in… Read More

September 16, 2026 @ 9:22 pm By Omar Faridi  |  

Saudi Arabia–based fintech Tabby has closed a $233 million Series F equity raise that values the company at $6.5 billion, marking another step up for one of the Middle East’s consumer finance platforms. The round was led by existing backer Blue Pool Capital, the Hong… Read More

September 16, 2026 @ 9:20 pm By Omar Faridi  |  

The XRP Ledger is approaching a major payments upgrade after RippleX published a technical review of Batch V1.1, the rebuilt form of the XLS-56 amendment now under validator vote. The change would allow several transactions from different accounts to run together in one ledger close…. Read More

September 16, 2026 @ 4:57 pm By JD Alois  |  

Within hours of the Fed’s announcement that it had raised benchmark rates, President Donald Trump took to Truth Social to once again say he believes interest rates should move lower, not higher. President Trump declared: “Interest Rates in the United States should be 1%, or less, because we are the… Read More

September 16, 2026 @ 4:44 pm By JD Alois  |  

The US Federal Reserve‘s Federal Open Market Committee (FOMC) voted unanimously to raise benchmark rates by 25 basis points. The move was widely expected, but market indices took the news poorly, with most sectors closing down for the day. At the same time, yields of… Read More

September 16, 2026 @ 4:15 pm By Omar Faridi  |  

Two former Robinhood (NASDAQ: HOOD) engineers have been charged in federal court with using confidential company information about upcoming cryptocurrency listings to place trades on a separate derivatives platform, prosecutors said this week. The US Attorney’s Office for the Southern District of New York (SDNY)… Read More

September 16, 2026 @ 4:11 pm By Omar Faridi  |  

Enova International (NYSE:ENVA) has stepped away from its planned purchase of Grasshopper Bancorp, withdrawing the regulatory filings needed to complete the transaction. The Chicago-based online lender said on September 14 that it had pulled applications submitted to the Office of the Comptroller of the Currency… Read More

September 16, 2026 @ 1:02 pm By JD Alois  |  

Wirex has announced the launch of Wirex One, which is described as a “stablecoin neobank.” The goal is to serve the mass affluent by acting as a private bank. A neobank is typically a digital application that provides services similar to traditional banks, frequently in… Read More

September 16, 2026 @ 12:51 pm By Omar Faridi  |  

New York payments startup Fin.com has come out of stealth after securing a $20 million seed round, positioning itself as infrastructure that turns digital dollars into money people can actually spend in local accounts and wallets. The financing closed in August and was publicly disclosed… Read More

September 16, 2026 @ 12:49 pm By Omar Faridi  |  

Financial institutions expanding into stablecoins, tokenized deposits, and other digital asset products have long faced a monitoring problem: traditional compliance systems were built for fiat activity, while on-chain transactions often sat in a separate silo. Nasdaq Verafin and Stablecore announced a partnership on September 15,… Read More

September 16, 2026 @ 11:59 am By JD Alois  |  

  The dust has yet to settle on the failed vote in the US Senate that would have advanced the CLARITY Act to a vote for future consideration. The vote was a procedural move for cloture, which would have established sufficient support to avoid a… Read More

September 16, 2026 @ 11:32 am By Omar Faridi  |  

Lawmakers in the US House are advancing a package that would reduce everyday tax friction for certain digital asset activity while still producing a modest net gain for the Treasury. On September 16, 2026, the House Ways and Means Committee is scheduled to consider H.R…. Read More

September 16, 2026 @ 11:00 am By Omar Faridi  |  

Russia has begun the first nationwide stage of its digital ruble, a central bank digital currency that now sits alongside cash and ordinary bank money as a third official form of the national currency. The change took effect on 1 September 2026 after years of… Read More

September 16, 2026 @ 10:29 am By Omar Faridi  |  

A recent working paper from the Bank for International Settlements (BIS argues that many of the headline figures used to describe cryptocurrency and decentralized finance activity can mislead more than they illuminate. Drawing on roughly 100 billion records from Bitcoin, Ethereum and Tron, the researchers… Read More

September 16, 2026 @ 9:28 am By Omar Faridi  |  

A Bank of England official has suggested that the rapid rise of dollar-linked digital tokens could support broader use of the US currency and add to demand for American government debt, while also introducing new vulnerabilities if large numbers of holders seek to cash out… Read More

September 16, 2026 @ 8:35 am By Omar Faridi  |  

US spot bitcoin exchange-traded funds (ETFs) posted their heaviest single-session withdrawals since late June of this yaer after a landmark digital asset market-structure bill (the CLARITY Act) notably failed to clear a Senate procedural vote. The 13 products listed in the United States recorded a… Read More

September 16, 2026 @ 8:27 am By Omar Faridi  |  

London-based Velocity has added $10 million to its Series A, bringing the round to $48 million after a group of traditional finance and crypto investors joined the raise. Visa Ventures, Circle Ventures and Ripple participated alongside Haun Ventures, Translink Capital and Mirana Ventures, according to… Read More