July 16, 2025 @ 2:53 pm By Omar Faridi  |  

OKX is reporting that it has integrated PayPal as a payment method on its platform, making cryptocurrency access and payments more accessible to customers across Europe. Customers across the European Economic Area (EEA) can now purchase crypto on OKX directly “using any available funding source supported by PayPal,… Read More

July 16, 2025 @ 11:27 am By JD Alois  |  

The One Big Beautiful Bill, signed into law on July 4th, made the Trump tax cuts from 2017 permanent. While opposition leaders have made claims that these tax cuts benefited the wealthy, they really supported the middle segment of society and, most importantly, smaller firms…. Read More

July 16, 2025 @ 11:08 am By Omar Faridi  |  

IsraJets, a boutique private aviation company operating in the United States, Israel and Cyprus, has partnered with Airwallex, a global payments and financial platform for growing businesses. Through the partnership, IsraJets has adopted Airwallex’s financial infrastructure to “improve the speed and efficiency of its global… Read More

July 16, 2025 @ 10:56 am By JD Alois  |  

DealMaker, a tech-enhanced broker-dealer offering online capital formation services, has announced the acquisition of Rally On Media. The terms of the deal were not disclosed. According to a statement distributed by DealMaker, Rally On Media has supported over $250 million in online investments since 2020…. Read More

July 16, 2025 @ 10:48 am By JD Alois  |  

Yesterday, the House of Representatives stalled several cryptocurrency bills in a key procedural vote, causing the House to move to recess and regroup on the legislation. Three crypto bills are in the queue for approval in the House: the CLARITY Act (HR 3633), the GENIUS Act… Read More

July 16, 2025 @ 10:14 am By JD Alois  |  

NVIDIA (NASDAQ:NVDA) solidly hurdled the $4 trillion in market cap hurdle this past week as news emerged that the AI chip firm will resume shipments to China. NVIDIA is the first and only publicly traded firm to achieve this valuation. It was not that long… Read More

July 16, 2025 @ 9:49 am By Omar Faridi  |  

Smart Pension, one of the UK’s workplace pension providers, has appointed Raj Mody as a Trustee Director of the Smart Pension Master Trust Board, taking on the role of Chairman from 1 September 2025. Raj brings  a wealth of experience in “the pensions industry, spanning… Read More

July 16, 2025 @ 9:40 am By Omar Faridi  |  

In an evolving financial services ecosystem, payment modernization has emerged as a critical focus for banks across the EMEA region. According to the latest Volante Technologies research report, The Big Survey 2025: Modernising Payments, an overwhelming 99% of EMEA banks plan to implement new payment… Read More

July 16, 2025 @ 9:31 am By JD Alois  |  

The UK Office for National Statistics reported today that the Consumer Prices Index (CPI) rose by 3.6% in the 12 months to June 2025, up from 3.4% in the 12 months to May.  Expectations had been for the rate to remain unchanged. Core CPI (CPI… Read More

July 16, 2025 @ 8:59 am By Omar Faridi  |  

OakNorth, a digital bank for entrepreneurs, has provided a $53m loan to DAC Developments and Melrose Ascension Capital. Founded in 2016, DAC Developments is a Chicago-based real estate development company “with a focus on multifamily residential and mixed-use ground up developments.” With 85 projects completed… Read More

July 16, 2025 @ 8:56 am By Omar Faridi  |  

PensionBee, a Fintech in the consumer retirement market, is calling again for the urgent introduction of a legally mandated 10-day pension switch guarantee, as new consumer research “reveals the UK’s pension transfer system is failing millions of savers.” Ending Pension Purgatory builds on this year’s… Read More

July 16, 2025 @ 8:51 am By Omar Faridi  |  

Deloitte announced a series of new artificial intelligence (AI) capabilities within Omnia, Deloitte’s global cloud-based Audit & Assurance platform, designed to evolve the audit and assurance experience, “advancing Deloitte’s effort to drive innovation with enhanced technology.” As the external landscape and client businesses transform, these… Read More

July 15, 2025 @ 10:12 pm By Omar Faridi  |  

ZBD, a Fintech creating a payment experience for interactive entertainment, and ClearBank, an enabler of real-time clearing and embedded banking, have announced a new partnership, coming on the heels of ZBD being granted an Electronic Money Institution (EMI) license in the Netherlands. ZBD was one… Read More

July 15, 2025 @ 10:06 pm By Omar Faridi  |  

In line with its commitment to offer clients safe, trusted and efficient digital assets solutions and following the successful launch of its digital assets custody service, Standard Chartered has launched “a fully integrated digital assets trading service for institutional clients.” The offering includes spot trading… Read More

July 15, 2025 @ 3:53 pm By Omar Faridi  |  

Tether Holdings SA, the issuer of the world’s largest stablecoin, USDT, has revealed it holds an $8 billion in gold reserves, stored in a private vault in Switzerland. This strategic decision, announced on July 8, 2025, positions Tether as one of the largest non-state gold… Read More

July 15, 2025 @ 3:47 pm By Omar Faridi  |  

U.S. Senator Cynthia Lummis (R-Wyo.) has introduced legislation aimed at overhauling the tax treatment of digital assets, addressing long-standing grievances within the cryptocurrency community. The bill aims to eliminate the practice of double taxation on digital assets, a significant barrier that currently taxes cryptocurrencies both… Read More

July 15, 2025 @ 3:25 pm By JD Alois  |  

The package of crypto bills sitting in the House of Representatives hit a speed bump today as multiple Republicans voted against a procedural measure to advance the legislation. A Resolution (HR 580) which impacted the CLARITY Act (HR 3633), the GENIUS Act (S 1582), the… Read More

July 15, 2025 @ 12:57 pm By Omar Faridi  |  

Canada is taking significant steps to regulate the stablecoin market, with the Office of the Superintendent of Financial Institutions (OSFI) collaborating with the Department of Finance and the Bank of Canada to develop a comprehensive legislative framework. Announced recently, this initiative aims to establish clear… Read More

July 15, 2025 @ 12:26 pm By Omar Faridi  |  

A long-simmering legal battle between veteran Chicago floor traders and CME Group, the world’s largest derivatives marketplace, finally reached the courtroom. Nearly 4,000 traders, once the lifeblood of Chicago’s iconic trading pits, are seeking over $2 billion in damages in a class-action lawsuit that accuses… Read More

July 15, 2025 @ 11:11 am By Omar Faridi  |  

Circle Internet Financial (NYSE:CRCL), the issuer of the world’s second-largest stablecoin, USDC, is making moves to redefine its role in the global financial ecosystem. With a market cap of over $63 billion and a recent blockbuster IPO, Circle is focused on becoming the leading stablecoins… Read More