June 26, 2025 @ 11:48 am By JD Alois  |  

Popular prediction market Kalshi has raised $185 million at a $2  billion valuation after a “breakout year.” The  prediction market said the Series C funding round was led by Paradigm, with participation from Sequoia, Multicoin, Neo, BOND Capital, Citadel Securities CEO Peng Zhao, and other… Read More

June 26, 2025 @ 10:31 am By JD Alois  |  

Last week, Senate Banking Committee Chairman Tim Scott commented on President Donald Trump’s support for the GENIUS Act (S. 1582), legislation that aims to establish a federal regulatory perimeter to facilitate stablecoin innovation. More specifically, payment stablecoins issued by private firms tied to fiat currency. The bill was approved… Read More

June 25, 2025 @ 4:43 pm By JD Alois  |  

Open banking enabler Frollo is targeting the home buyer market with a new service for mortgage brokers. The service features an expedited way to verify financial data while adhering to the Open Banking and the Government-regulated Consumer Data Right (CDR) framework, enacted in Australia. Frollo… Read More

June 25, 2025 @ 11:44 am By JD Alois  |  

Bitcoin markets continue to grow as institutional investors and smaller traders become more comfortable with the new sector. ETFs have played a crucial role in facilitating investment in the world’s most popular cryptocurrency, which currently holds an aggregate market capitalization of over $2 trillion.  At… Read More

June 25, 2025 @ 9:29 am By JD Alois  |  

Republic, a global marketplace for private securities, has launched a new “mirror program” that aims to mint tokens which mirror shares in private firms. The first offering is for a tokenized asset that matches SpaceX, labeled rSpaceX. SpaceX is Elon Musk’s successful private space venture,… Read More

June 24, 2025 @ 7:00 pm By JD Alois  |  

The Fair Investment Opportunities for Professional Experts Act (HR 3394) has been approved by the House of Representatives. The legislation now moves over to the Senate for a vote. As the Senate is controlled by Republicans, the bill holds a high probability of becoming law…. Read More

June 24, 2025 @ 11:39 am By JD Alois  |  

British Business Bank says it will dedicate £6.6 billion to support innovative, early stagefirms. The Secretary of State for the Department for Business and Trade said the funds were being committed by the British Business Bank to “boost growth, marking a major step change in… Read More

June 24, 2025 @ 10:54 am By JD Alois  |  

Bitcoin bull Anthony Pompliano says ProCap BTC, LLC has purchased 3,724 Bitcoin at an average price of $103,785 per BTC, a day after the SPAC deal announcement of the combination with Columbus Circle Capital Corp. I (NASDAQ: CCCM) to take the company public as ProCap… Read More

June 24, 2025 @ 10:08 am By JD Alois  |  

Digital Bank Zopa says its mission is to become the “home of money,” and it has added a new service called “Biscuit.” Biscuit is a current account that claims a superlative digital experience along with high interest rates paid to users. The new current account… Read More

June 24, 2025 @ 9:48 am By JD Alois  |  

Payments software firm RS2 says it will collaborate with Visa to offer an end-to-end acceptance infrastructure. According to a statement distributed by RS2, the partnership will combine Visa’s front service with RS2’s back-end platform. The goal is to enable merchants, banks, Fintechs, etc., to tap… Read More

June 24, 2025 @ 2:00 am By JD Alois  |  

Deutsche Bank and Silverflow are partnering on payments to create a new payments platform for Europe. Silverflow states that its API and cloud-based platform enables card acquiring and individual BIN setups. As for Deutsche Bank, it acts as the acquirer, plus optional PSP & cash… Read More

June 23, 2025 @ 6:29 pm By JD Alois  |  

Trump Media (Nasdaq, NYSE, Texas: DJT), the namesake company of President Donald Trump and creator of Truth Social, says its Board of Directors has authorized up to $400 million of the company’s shares. Trump Media currently has a market cap of $4.96 billion. Shares of… Read More

June 23, 2025 @ 10:56 am By JD Alois  |  

Folk2Folk is reporting that investors earned £17.32 million in interest payments for the tax year of 2024/2025. The company states that it is the largest peer-to-peer lender in the UK, based on total lending. The interest generated in the past year is the most since… Read More

June 21, 2025 @ 11:15 am By JD Alois  |  

War is raging in the Middle East as Israel and Iran battle from afar, and Gaza remains under the control of Hamas following the horrific invasion of its neighbor. Other conflicts in the region have taken a backseat to the growing global battle. Currently, the… Read More

June 20, 2025 @ 1:15 pm By JD Alois  |  

On June 12th, the Securities and Exchange Commission (SEC) yanked 14 proposed rules that were pursued during the aggressive Gensler administration. While the former SEC Chairman during the Biden Administration sought to undermine innovation while pursuing a social agenda, the Atkins Commission is clearly realigning… Read More

June 20, 2025 @ 11:27 am By JD Alois  |  

Ethereum (ETH) staking is reaching all-time highs. The Proof of Stake network is seeing more interest by investors (or validators) as crypto markets grow under the beneficent Trump administration. Ethereum is the second most popular crypto after Bitcoin with a current market cap of over… Read More

June 20, 2025 @ 11:07 am By JD Alois  |  

dLocal has been approved for essential payment licenses in several jurisdictions, including Turkey, the Philippines, and the UAE. In the UAE, the company has been granted a Payment Services License which enables dLocal to directly operate cross-border payins and payouts. In Turkey, dLocal has received… Read More

June 19, 2025 @ 5:48 pm By JD Alois  |  

Coinbase (NASDAQ:COIN) is introducing Coinbase Payments using USDC for instantaneous payments via the stablecoin. USDC is issued by Circle (NASDAQ:CRCL), which recently completed a successful IPO, which saw its shares rocket dramatically higher. Coinbase announced that the payments service has already been integrated with Shopify, a leading e-commerce platform…. Read More

June 19, 2025 @ 11:13 am By JD Alois  |  

The Laffer Curve is alive and well. The economic theory is based on the fact that if people are taxed too much, they will eventually vote with their feet, thereby reducing the tax revenue that policymakers anticipated when raising taxes. It has been widely reported… Read More

June 19, 2025 @ 9:53 am By JD Alois  |  

The Bank of England decided to hold rates steady today, mainly due to concerns about sticky inflation. The Monetary Policy Committee (MPC), by a six-to-three vote, decided to hold the bank rate at 4.25%. The three dissenters preferred to lower rates by 25 basis points. The… Read More