Tagged: us

March 16, 2026 @ 9:18 pm By Omar Faridi  |  

Institutional trading platform BlockFills has initiated restructuring proceedings under U.S. bankruptcy law. The company’s parent entity, Reliz Ltd., along with several related subsidiaries, submitted a voluntary petition for reorganization in a Delaware federal court. This step comes shortly after the firm imposed restrictions on client… Read More

March 15, 2026 @ 6:32 pm By Omar Faridi  |  

In a significant setback for some of the participants in the cryptocurrency banking sector, a federal appeals court has rejected Custodia Bank‘s final effort to secure direct ties to the US Federal Reserve‘s payment network. The decision, handed down by the 10th Circuit Court of… Read More

March 15, 2026 @ 4:47 pm By Omar Faridi  |  

Fidelis Investors has finalized its third rated securitization focused on residential transition loans (RTLs). This latest transaction, called FIDL 2026-RTL1, represents a $143.925 million deal structured as a two-year revolving facility. Rated by Morningstar DBRS, it draws backing from a diverse pool of 330 RTLs… Read More

March 15, 2026 @ 4:30 pm By Omar Faridi  |  

The US Securities and Exchange Commission (SEC) has chosen to abandon its legal pursuit against Nader Al-Naji, the individual behind the innovative blockchain-based social media project originally known as BitClout. This resolution marks the end of a high-profile dispute that had cast somewhat of a… Read More

March 14, 2026 @ 8:39 am By Omar Faridi  |  

BNY (NYSE: BK), the global financial services provider, has been chosen to lead an overhaul of the operating framework at Allianz Global Investors (AllianzGI). Recognized worldwide as one of the premier active asset managers, AllianzGI is partnering with BNY to streamline and strengthen its core investment… Read More

March 13, 2026 @ 3:04 pm By Omar Faridi  |  

Bank of America (NYSE: BAC) has announced a surge in digital activity among its clients, fueled by advanced artificial intelligence, streamlined payment systems, and customized financial planning resources. In 2025, clients engaged with the bank roughly 30 billion times through app logins and automated notifications… Read More

March 13, 2026 @ 10:07 am By Omar Faridi  |  

Upstart Holdings, Inc. (NASDAQ:UPST), the creator of an artificial intelligence lending marketplace traded on NASDAQ under the ticker UPST, has revealed its intention to seek a national bank charter. The move, disclosed March 10, involves establishing Upstart Bank, N.A., as a federally insured institution, pending clearances… Read More

March 11, 2026 @ 2:23 pm By Omar Faridi  |  

Zillow (NASDAQ: Z and ZG) indicated that the US property market showed encouraging signs of recovery in February 2026, marking a potential turning point after years of subdued activity. According to Zillow’s latest data, property values posted their first monthly increase in seven months, while… Read More

March 10, 2026 @ 7:53 am By Omar Faridi  |  

A pivotal bill aimed at establishing a comprehensive regulatory framework for digital assets now faces serious delays, threatening the prospects of clearer rules that many in the sector have long sought. This market-structure measure, often referred to as the CLARITY Act, could provide much-needed legal… Read More

March 9, 2026 @ 10:57 pm By Omar Faridi  |  

In a policy shift, the US Department of the Treasury has informed lawmakers that certain cryptocurrency mixing tools offer genuine value for safeguarding user confidentiality in everyday transactions. Submitted under the GENIUS Act framework, the department’s latest assessment to Congress recognizes that individuals and businesses… Read More

March 9, 2026 @ 9:03 pm By Omar Faridi  |  

The US state of Florida has approved legislation that establishes a dedicated regulatory framework for stablecoins at the state level. This milestone reflects the accelerating pace of stablecoin integration into everyday financial systems, offering clarity for issuers, users, and institutions while prioritizing consumer safeguards and… Read More

March 9, 2026 @ 8:51 pm By Omar Faridi  |  

In a timely announcement that underscores the intersection of technology and national security, CFTC Chairman Mike Selig has spotlighted President Trump’s newly released Cyber Strategy for America. The framework designates the safeguarding of cryptocurrency networks and blockchain protocols against evolving cyber risks as a core… Read More

March 6, 2026 @ 8:55 am By Omar Faridi  |  

Digital bank Revolut has officially applied for a US national bank charter. The submission to the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation seeks to create Revolut Bank US, N.A., enabling the London-based firm to operate as a full-fledged… Read More

March 6, 2026 @ 7:29 am By Omar Faridi  |  

In a significant development bringing together Wall Street players with digital asset focused initiatives, Intercontinental Exchange (ICE)—(NYSE:ICE) the operator of the New York Stock Exchange—has secured a minority stake in OKX, one of the world’s largest cryptocurrency exchanges. Announced on March 5, 2026, the strategic… Read More

March 4, 2026 @ 8:59 am By Omar Faridi  |  

Global investment platform Kraken (Payward) is sharply focused on product development. The crypto exchange has shared key updates that signal deeper integration between crypto and traditional finance, stronger internal product excellence, and tangible user benefits. Announced on March 4, 2026, these developments reinforce the platform’s… Read More

March 4, 2026 @ 8:11 am By Omar Faridi  |  

In the wake of recent US-Israeli airstrikes on Iran, blockchain analytics firm Elliptic has reported a dramatic 700% increase in cryptocurrency outflows from Nobitex, the country’s leading digital asset exchange. This spike, occurring mere minutes after the initial attacks, underscores how crypto assets are increasingly… Read More

March 3, 2026 @ 12:45 pm By Omar Faridi  |  

Musaffa, a fintech company specializing in Shariah-compliant research and Islamic financial education, has introduced its Global Halal Investment Platform targeted at the US markets. This new initiative opens doors for more than 600,000 Muslim investors spanning over 200 countries, offering seamless entry into American capital… Read More

March 2, 2026 @ 3:10 pm By Omar Faridi  |  

The ongoing geopolitical crisis in the Middle East, marked by intensified clashes between Iran, Israel, the United States, and other regional players, has sent shockwaves through global financial markets. Recent U.S.-Israeli airstrikes on Iranian targets, which resulted in the death of Iran’s Supreme Leader Ayatollah… Read More

March 2, 2026 @ 1:38 pm By Omar Faridi  |  

The US Securities and Exchange Commission (SEC) is actively pursuing a renewed focus on cryptocurrency oversight, aiming to recapture the initiative lost during the previous administration’s tenure.  SEC Chairman Paul Atkins recently highlighted this shift, describing the prior era as a significant oversight failure that… Read More

March 2, 2026 @ 7:45 am By Omar Faridi  |  

Crypto.com continues to solidify its role as a key web3 player by securing regulatory approvals and forging various partnerships. These developments not only enhance the platform’s credibility but also expand access to secure, compliant services for users worldwide. Recent announcements highlight progress in Europe and… Read More