Tagged: us

January 20, 2026 @ 8:09 am By Omar Faridi  |  

In a turbulent start to the week, the cryptocurrency market faced significant upheaval, with over $864 million in liquidations recorded in the past 24 hours, as reported by data aggregator CoinGlass. This wave of forced sell-offs affected more than 241,000 traders, predominantly those holding optimistic… Read More

January 19, 2026 @ 11:28 pm By Omar Faridi  |  

Global payments firm Checkout.com has obtained regulatory clearance to establish a specialized banking entity in Georgia. The approval, granted by the state’s Department of Banking and Finance, allows the Fintech company to launch a Merchant Acquirer Limited Purpose Bank (MALPB). This development is poised to… Read More

January 19, 2026 @ 5:23 pm By Omar Faridi  |  

Wealthfront Corporation (NASDAQ: WLTH) has delivered impressive fiscal third-quarter results for the period ending October 31, 2025, underscoring its growth trajectory following a landmark initial public offering (IPO) just weeks prior. The automated wealth management platform reported record total revenue of $93.2 million, marking a… Read More

January 19, 2026 @ 5:21 pm By Omar Faridi  |  

The US Department of Education has announced a temporary halt to seizing tax refunds and wages from individuals with delinquent student loans. This decision arrives shortly after the agency indicated it would begin issuing garnishment orders to an initial group of about 1,000 borrowers this… Read More

January 19, 2026 @ 10:08 am By Omar Faridi  |  

The Trump administration has indicated it might abandon its backing of a pivotal crypto market structure bill unless Coinbase resumes negotiations. This development stems from Coinbase’s abrupt decision to withhold support for the proposed legislation, which has sparked tensions between the White House, the crypto… Read More

January 19, 2026 @ 9:20 am By Omar Faridi  |  

The iconic American fast-food chain Steak ‘n Shake has incorporated $10 million worth of Bitcoin into its corporate treasury. This strategic addition, announced recently, underscores the company’s deepening commitment to cryptocurrency as a core component of its financial strategy. Known for its classic burgers, milkshakes,… Read More

January 19, 2026 @ 8:34 am By Omar Faridi  |  

The Commodity Futures Trading Commission (CFTC) has introduced the Innovation Advisory Committee (IAC). Announced this month, by Chairman Michael S. Selig, this initiative aims to provide expert guidance on emerging technologies shaping derivatives and commodity markets. The committee represents a rebranding and revitalization of the… Read More

January 18, 2026 @ 8:43 pm By Omar Faridi  |  

The ongoing debate over stablecoin yields in the US cryptocurrency regulation highlights a familiar tension between innovation and established financial interests. Bill Hughes, Senior Counsel and Director of Global Regulatory Matters at Consensys, recently addressed this issue, noting that the current pushback echoes past regulatory… Read More

January 14, 2026 @ 10:33 pm By Omar Faridi  |  

In a recent move to enforce consumer protection standards in the US financial services sector, the Federal Trade Commission (FTC) has petitioned a federal court to declare a payment processing company and its top executives in contempt of court. The action targets Cliq, Inc., previously… Read More

January 14, 2026 @ 10:24 pm By Omar Faridi  |  

OnePay, the fintech company supported by retail giant Walmart Inc. (NYSE:WMT), has reached a valuation of more than $4 billion, marking a significant leap in its growth trajectory. This new milestone came through a recent share buyback program for employees, which priced the company’s shares at… Read More

January 14, 2026 @ 6:12 am By Omar Faridi  |  

Cross River Bank has publicly called on the US Senate to uphold newly established rules governing yields on stablecoin deposits. This appeal comes amid discussions on broader digital asset market structures, highlighting the bank’s commitment to fostering a competitive and consumer-friendly financial ecosystem. The focal… Read More

January 12, 2026 @ 10:32 pm By Omar Faridi  |  

Coinbase (NASDAQ:COIN) has signaled it might pull its backing from a key market structure bill if the legislation goes beyond requiring better transparency and instead curbs rewards for stablecoin users. This development, highlighted in a recent Bloomberg update, underscores growing tensions in Washington‘s push for… Read More

January 12, 2026 @ 8:30 pm By Omar Faridi  |  

Zillow (NASDAQ: Z and ZG) is recognized as one of the go-to platforms for homebuyers searching for properties, yet the bulk of its revenue stems from real estate listing agents who pay for leads. Under CEO Jeremy Wacksman, the company is increasingly shifting focus toward… Read More

January 12, 2026 @ 10:37 am By Omar Faridi  |  

Digital banking provider Chime (NASDAQ: CHYM) has unveiled significant updates that underscore its commitment to leveraging technology and talent for better financial services. Chime has reportedly been focused on the integration of artificial intelligence in order to transform member experiences. And, last month, it announced… Read More

January 12, 2026 @ 7:54 am By Omar Faridi  |  

Tennessee has emerged as a key player in enforcing state-level regulations against platforms blending prediction markets with sports outcomes. On January 9, 2026, the Tennessee Sports Wagering Council (SWC) issued cease-and-desist orders to three major operators—Kalshi, Polymarket, as well as Crypto.com—accusing them of violating the… Read More

January 11, 2026 @ 6:07 pm By Omar Faridi  |  

DailyPay, the provider of on-demand pay platforms, has announced the closure of a new $195 million senior secured revolving credit facility. The deal positions the company for expanded operations and innovation in the financial wellness sector. DailyPay, which is headquartered in New York, specializes in… Read More

January 11, 2026 @ 3:16 pm By Omar Faridi  |  

WisdomTree (NYSE: WT) has officially abandoned its efforts to introduce an exchange-traded fund (ETF) focused on XRP in the American market. The company submitted a formal request to the US Securities and Exchange Commission (SEC) to pull back its application, marking a retreat from a… Read More

January 11, 2026 @ 3:05 pm By Omar Faridi  |  

BNY (NYSE: BK) has launched new digital cash capabilities by enabling the on-chain mirrored representation of client deposit balances on its Digital Assets platform. Announced recently, this initiative represents the first concrete step in BNY’s strategy to tokenize bank deposits, paving the way for real-time,… Read More

January 9, 2026 @ 4:42 pm By Omar Faridi  |  

As we enter into 2026, many US consumers are eyeing potential financial inflows amid economic uncertainties. While rumors swirl about fresh stimulus checks, official sources clarify that no new federal economic impact payments are slated for January. The last round of such aid wrapped up… Read More

January 8, 2026 @ 6:16 pm By Omar Faridi  |  

As we step into 2026, the US real estate market is poised for some changes, blending cautious optimism with persistent challenges. New data reveals a dynamic environment where homeowners grapple with climate risks and rising costs, yet anticipate greater stability. Meanwhile, the way buyers and… Read More