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Crypto Exchange takes staff on retreat to Caribbean next year: sources

Cryptocurrency exchange Kraken will take the vast majority of its staff to an idyllic Caribbean island in January next year, to boost the company ahead of a highly anticipated U.S. listing next year, according to two people familiar with the project. A person familiar with the plans asked that the exact location of the team […]

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A ‘skinny’ Fed main account could bring back tight banking

When I worked at the Federal Reserve, we joked that our job was to protect the status quo. The Fed’s mandate has long included financial stability, and certainly not financial disruption. But Fed Governor Chris Waller’s speech calling on Fed staff to study creating a new “payments account” for non-bank payment providers at this week’s

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Tokenization fixes film financing and dethrones Hollywood studios

Hollywood has reached a breaking point. Audiences are tired of sequels and franchise reboots. YouTube has overtaken Disney as the world’s largest distributor. And Gen AI tools like Sora2 can soon turn anyone into a filmmaker. However, one thing has not changed: the method of financing films.. And that’s why we’re getting fewer and fewer

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Why Stablecoins, Not Bitcoin, Will Dominate Global Transactions

Bitcoin may dominate crypto headlines, but the real growth story of the next five years will be stablecoins, the digital dollars that are modernizing the way money moves around the world. Yes, the original cryptocurrency is quickly becoming an ideal non-sovereign global store of value, with a market capitalization of $2.3 trillion, but stablecoins have

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Government shutdown threatens overall crypto situation as it expands to second longest

The U.S. government entered its fourth week of shutdown on Wednesday, surpassing its second-longest shutdown on record, and the crypto industry is lamenting the big-ticket items that are affected, even though the shutdown of federal agencies is not yet causing direct pain. The government shutdown means the Senate is primarily focused on the task of

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Real Estate Tokenization Company Propy Launches $100M Expansion to Digitize Property Titles Market

Real estate tokenization specialist Propy has outlined plans for a $100 million expansion to acquire mid-sized title companies across the United States, aiming to streamline an industry that still relies heavily on manual processes with blockchain rails and artificial intelligence (AI). “Over the next 12 months, we will acquire regional securities companies across the country,”

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