August 16, 2026 @ 9:52 am By Omar Faridi  |  

Chinese robotics company Unitree is finalizing preparations for its initial public offering (IPO) on the Shanghai STAR Market. The firm has priced shares at 150.80 yuan each, or about $22.37, implying a company valuation of roughly $9 billion. Trading is expected to start between August… Read More

August 16, 2026 @ 1:30 am By Omar Faridi  |  

Bank of America (NYSE: BAC) is set to become a significant joint venture partner in Jio Credit Limited, the non-banking finance company subsidiary of Jio Financial Services, through an investment valued at up to ₹18,268 crore, or roughly $1.9 billion. The agreement, announced on August… Read More

August 16, 2026 @ 12:58 am By Michael Wong  |  

The Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, said lowering transaction costs could encourage greater use of digital payments in the Philippines, but stressed that affordability is only one of several barriers preventing Filipinos from participating fully in the formal financial… Read More

August 16, 2026 @ 12:29 am By Omar Faridi  |  

Alternative asset managers increasingly look to private wealth channels for capital, an area that remains relatively new for many. Success in this space depends on targeted data that pinpoints investor demand and allocation patterns. Euroclear’s latest analysis of activity on its FundsPlace platform provides exactly… Read More

August 15, 2026 @ 11:39 pm By Omar Faridi  |  

Ireland has unveiled its inaugural national strategy to combat money laundering, terrorist financing, and proliferation financing, with a particular emphasis on tightening controls within the cryptocurrency sector. Announced on 13 August 2026 by Tánaiste and Minister for Finance Simon Harris, the National Anti-Money Laundering, Countering… Read More

August 15, 2026 @ 11:05 pm By Omar Faridi  |  

JPMorgan Chase (NYSE:JPM), the largest bank in the United States and one of the largest globally as well, terminated its primary banking relationship with the prediction-market platform Polymarket in late 2025, according to a report from the Financial Times. The decision stemmed from regulatory concerns, with… Read More

August 15, 2026 @ 10:37 pm By Omar Faridi  |  

Cboe BZX Exchange, which is part of Cboe Global Markets (Cboe: CBOE), has submitted a formal request to the US Securities and Exchange Commission (SEC) seeking authorization to list and trade a new series of leveraged exchange-traded funds, including products designed to deliver three times… Read More

August 15, 2026 @ 9:13 pm By Omar Faridi  |  

France’s tax administration has acknowledged a cybersecurity incident that allowed unauthorized access to sensitive taxpayer records. The breach, which occurred in late June 2026, involved the extraction of personal and financial data belonging to both individuals and businesses. The French Ministry of the Economy and… Read More

August 15, 2026 @ 9:12 pm By Omar Faridi  |  

Binance, one of the world’s largest cryptocurrency exchanges, has announced plans to halt processing of transactions linked to HTX (formerly Huobi) and several other digital asset platforms. The decision stems from the need to comply with evolving regulatory requirements, particularly those tied to the European… Read More

August 15, 2026 @ 8:37 pm By Omar Faridi  |  

Bitcoin treasury firm Strategy (NASDAQ:MSTR), which is led by tech billionaire Michael Saylor and formerly known as MicroStrategy, has publicly opposed a fresh proposal from index provider MSCI that could force its removal from major global equity benchmarks. Digital assets are assets. Index providers should measure… Read More

August 15, 2026 @ 7:36 pm By Tony Zerucha  |  

Mainframe computers could endure in the AI era Research from Crisil Coalition Greenwich suggests mainframe computers will retain their place alongside cloud computing and AI. More than 90% of banking technology executives say more than 50% of their core banking applications rely (and will continue… Read More

August 15, 2026 @ 6:40 pm By Omar Faridi  |  

Arizona residents who fell prey to cryptocurrency ATM scams have begun reclaiming their funds thanks to a state consumer protection measure. Attorney General Kris Mayes recently revealed that her office has assisted 35 individuals in securing complete reimbursements amounting to $171,332. These recoveries stem from… Read More

August 15, 2026 @ 2:42 pm By Omar Faridi  |  

Kalshi, one of the largest US prediction markets platforms, has reportedly removed its sports-related “mention markets” following the launch of a review by the Commodity Futures Trading Commission (CFTC) into this category of contracts. The agency is examining whether these markets are particularly vulnerable to… Read More

August 15, 2026 @ 12:48 pm By Michael Wong  |  

Banks, insurers, and takaful operators in Malaysia will get new guidance to support implementation of the National Sustainability Reporting Framework (NSRF), as regulators seek to make sustainability-related disclosures more robust, consistent, comparable, and purposeful. The Joint Committee on Climate Change (JC3), co-chaired by Bank Negara… Read More

August 15, 2026 @ 11:17 am By Omar Faridi  |  

Payward, the parent company of the Kraken cryptocurrency exchange, saw a sharp drop in second-quarter profits as reduced trading volumes across the digital asset sector weighed on results during a prolonged market downturn. In the three months ended June 30, 2026, the firm recorded adjusted… Read More

August 15, 2026 @ 8:41 am By Omar Faridi  |  

SpaceX (NASDAQ:SPCX) has officially completed its acquisition of Cursor, the rapidly growing artificial intelligence coding platform developed by Anysphere. The deal, valued at $60 billion in an all-stock transaction, closed on August 14, 2026, marking a significant step in the rocket company’s broader push into… Read More

August 15, 2026 @ 8:24 am By Michael Wong  |  

Funding for Southeast Asia’s native artificial intelligence startups has reached $4.1 billion so far in 2026, already more than double the amount raised for the whole of last year, although the surge was driven largely by a single $2.8-billion round, according to data intelligence platform… Read More

August 14, 2026 @ 8:58 pm By Omar Faridi  |  

Brazil’s bitcoin treasury company, OranjeBTC, is preparing to introduce a new exchange-traded fund designed to give local investors regulated access to income-generating preferred shares linked to bitcoin-holding firms. The product, known as the Digital Yield ETF or DIGY11, is expected to list on the country’s… Read More

August 14, 2026 @ 8:51 pm By Omar Faridi  |  

Quantinuum and Oracle (NYSE: ORCL) have formed a multi-year strategic alliance to integrate quantum computing into Oracle Cloud Infrastructure (OCI). Announced on August 11, 2026, the collaboration centers on deploying Quantinuum’s Helios system—a leading commercial quantum computer—inside a U.S.-based OCI AI data center. This will… Read More

August 14, 2026 @ 8:39 pm By Omar Faridi  |  

Mitsubishi UFJ Financial Group (MUFG) (TYO: 8306) and several of its key subsidiaries have begun a proof-of-concept project exploring the use of distributed ledger technology to handle repurchase agreement transactions involving Japanese government bonds. The initiative, announced on August 13, 2026, seeks to bring elements… Read More