OpenAI’s IPO faces scrutiny as Congress probes Sam Altman’s investments
Sam Altman now faces investigations from both Congress and multiple state attorneys general over his personal investment portfolio, a probe…
Month: May 2026
Kevin Warsh wins Senate confirmation as Fed chair amid inflation pressure
Kevin Warsh was confirmed Wednesday as the next Federal Reserve chair, putting a longtime critic of the central bank’s crisis…
Saudi-Linked Bank Raises Strategy Holdings by 53%
Gulf International Bank has increased its investment in Strategy as institutional interest in Bitcoin-linked stocks continues to grow. A recent…
Anthropic warns unauthorized third-party stock purchases are void, tokenized shares crash 45%
Anthropic just told the crypto world something it didn’t want to hear: those tokenized shares you’ve been trading? They’re worthless.…
Hungary’s finance minister-elect commits to euro adoption by 2030
Hungary just made the most decisive pivot toward Brussels in over a decade. Newly appointed finance minister András Kármán has…
Gelephu Mindfulness City launches fast-track licensing for crypto firms
Bhutan just made a play that most countries spend years debating in committee. Gelephu Mindfulness City, the Himalayan kingdom’s ambitious…
US banks expect ‘slow, then fast’ shift to digitized finance: Moody’s
Major US banks and financial market intermediaries expect the transition to a digitized financial system to start slowly, then hit…
JPMorgan Seeks Approval for Innovative Tokenized Fund Amid Intensifying Wall Street Tokenization Competition
JPMorgan Chase (JPM) is set to introduce a tokenized money market fund, marking a significant advancement in the trend of…
Bitcoin Awaits Rate Cuts: Recent Hot CPI Inflation Data Raises Possibility of Interest Rate Hikes
The recent inflation report for April has exceeded expectations, bringing Bitcoin back into focus regarding the Federal Reserve’s monetary policy.…