Key Takeaways Revolut won conditional OCC approval for a U.S. bank charter in six months. A charter could cut reliance on partner banks and intensify U.S. fintech and crypto competition. Revolut targets H1 2027 launch, pending FDIC, Fed, and final OCC approvals. Revolut Eyes US Stablecoins After Clearing Key OCC Hurdle Revolut has moved a…
U.S. President Donald Trump has renewed his demand for lower interest rates and threatened to halt trade with deficit countries after employers added 162,000 jobs in August. Summary U.S. payrolls rose by 162,000 in August, beating economists’ forecast of 56,000. Trump demanded lower rates and threatened to stop trade with countries running surpluses against the…
The team behind Tetris, the classic 1984 puzzle video game, has responded to the White House over a knockoff game that the Trump administration released this week. The statement from Tetris hits back against Trump’s White House over its recently released Tetris clone, “Build the Wall.” In its response, Tetris strongly hints that the company…
Progress beyond the initial rollout will depend partly on market adoption and the outcome of pending stablecoin legislation. South Korea’s Financial Services Commission unveiled a phased roadmap on September 4 for converting stocks, bonds and investment funds into blockchain-based tokens, with the earliest phase due to start in February 2027 once an amendment to…
Other deals among WIRED-recommended grills include $50 off a couple of Weber’s durable, last-you-forever standbys—the Weber Kettle and the Weber Spirit E-210. I and fellow WIRED reviewer Scott Gilbertson tend to love these two models precisely because they are basic, durable, reliable, and low-cost. The Weber Kettle, especially, can be upgraded with smart features into…
Key Takeaways Coinbase Derivatives filed Form 1-N and Coinbase Financial Markets filed Form BD-N with the SEC on Sept. 1. The firm’s shares jumped 10% to $192.70 on the news, but CFTC product approval is still needed before launch. Coinbase has offered 10x perps on Apple, Nvidia and Tesla to non-U.S. users since March 20,…
DefiLlama and Forgd have introduced an AAA-to-CCC rating system covering 128 of 149 listed tokens, with Uniswap currently holding the dashboard’s only AAA grade at a composite score of 60.80. Summary Universal Token Rating multiplies disclosure and performance scores instead of averaging them. Projects lose points for missing disclosures, weak liquidity arrangements and insider-friendly tokenomics….
A federal court in Delaware has ruled on a trademark fight between Elon Musk’s X and a startup trying to launch a rival social network. The startup, Operation Bluebird, originally launched under the name Twitter.now, but the court barred it from using that name, siding with X on the core “Twitter” trademark. However, the court…
BlackRock’s IBIT dominated Thursday’s Bitcoin ETF inflows with approximately $454 million. US spot Bitcoin ETFs ended August on an impressive note and appear to have continued to build momentum, recording $731 million in net inflows on September 3rd, their strongest single-day performance since January. Now, a pattern has sparked speculation over whether Bitcoin could…
Getting the United States, China, Russia and Europe to agree on artificial intelligence policy is unusual. This week, they found at least one point of common ground: governments should be cautious about creating entirely new regulatory systems for AI. All G20 members backed a U.S.-led set of principles that favors innovation, existing sectoral regulators and…
