Yield-bearing stablecoins risk 'dangerous' parallel banking system: JPMorgan CFO
Jeremy Barnum told JPMorgan shareholders that yield-bearing stablecoins risk creating a parallel banking system without the safeguards of traditional regulation....
Jeremy Barnum told JPMorgan shareholders that yield-bearing stablecoins risk creating a parallel banking system without the safeguards of traditional regulation....
A revised Senate CLARITY Act draft would allow activity-based stablecoin rewards tied to payments, wallets and staking, while barring interest paid solely for holding tokens....
New Zealand Foreign Affairs Minister Winston Peters rebuked the country’s new Reserve Bank governor, Anna Breman, for wading into US domestic politics after she signed a statement with other global ce...
Jerome Powell, a particularly mild-mannered speaker, slammed recent attempts to intimidate his department. Li Yuanqing/Xinhua via Getty Images The DOJ is probing Jerome Powell over his congressional t...
Hong Kong newspaper Ming Pao is winding up its operations in Canada by the end of this month, marking the closure of all newsrooms run by the city’s major print publications in the North American coun...
Warren Buffett is the CEO of Berkshire Hathaway. Nati Harnik/AP Warren Buffett didn't like Berkshire having so much cash and would have happily spent $100 billion. He compared cash to "oxygen"...
The all-stock deal adds Semler’s 5,048 BTC to Strive’s treasury, lifting total holdings to 12,797.9 BTC and ranking it 11th among public companies....
Getty Images; Tyler Le/BI For most Americans, every home purchase is a bit of a gamble. Is now the right time to jump into the market? Can I haggle on the price a bit more? What if mortgage rates drop...
The NFT Paris cancellation offers insight into sponsorship pressure, lower volumes and how the NFT market is reshaping in 2026....
Letter seen by FT appears to undermine claims that chair of US central bank misled Congress over renovation...
I went to NRF 2026. Jordan Hart/Business Insider AI dominated this week's discussions at Retail's Big Show, a leading industry conference. I attended for the first time and saw retail leaders showcase...
Geoeconomic confrontation — ranging from sanctions to tariffs — is the top threat, found the World Economic Forum (WEF)'s Global Risks Report on the eve of its annual meeting gathering the world's bus...
JPMorgan Chase CEO Jamie Dimon. Noam Galai/Getty Images Jamie Dimon defended JPMorgan's spending, especially on tech, during Tuesday's earnings call. He said the bank would stay ahead as it competes a...
“We have never seen financial conflicts or corruption of this magnitude,” said Senator Elizabeth Warren on US President Donald Trump's links to World Liberty Financial....
Working fewer days might help create buy-in among workers for adopting AI, authors of a book on the four-day workweek suggest. Drew Angerer/Getty Images Adopting a four-day workweek could boost employ...
Russia and Venezuela maintain a strategic partnership spanning energy, defense, and diplomacy. Yuri Cortez/AFP/Getty Images Russia's state-owned Roszarubezhneft says its Venezuelan oil assets belong t...
Donald Trump and Microsoft CEO Satya Nadella. Chip Somodevilla/Getty Images Microsoft unveiled a five-point plan to reduce AI data center impact on US communities. The company aims to reduce rising ut...
Former Activision boss Bobby Kotick has made a number of claims about the state of his former company, Call of Duty, and the console market as part of a response to a lawsuit. Kotick, who left Activis...
Crucial budget talks are resuming in French parliament, as MPs have failed to secure the 2026 budget in time last year. President Emmanuel Macron has brandished the threat of dissolution in case parti...
Chinese artificial intelligence firm Zhipu AI said its new image generation model was trained on chips from Huawei Technologies, making it the first powerful open-source model to be developed on an en...