TLDR Sony Bank has received conditional OCC approval to form a subsidiary of U.S. National Credit Bank. The planned unit will be named Connectia Trust, National Association, and will operate from New York. Sony Bank will fully own the subsidiary…
Key points Charles Schwab is expanding its digital assets division with new roles in blockchain engineering, security and cryptography. The hiring drive comes as the brokerage prepares for the planned start of spot cryptocurrency trading. Schwab managed $13.14 trillion in…
Today, 1 in 8 Americans receive Supplemental Nutrition Assistance Program (SNAP) benefits. Nearly 1 in 2 will qualify at some point in their lives. This is not a place on the edge of grocery retail. That’s the trend, going in…
com. easyMarkets It celebrates 25 years of serving traders by launching the largest client rewards campaign in its history. The “$2.5 Million Reasons to Trade” campaign runs until December 2026, offering rewards of up to $2.5 million, recognizing clients who…
Polymarket’s return to the US isn’t about technology, it’s about trust. Four years after a CFTC settlement forced the prediction market to ban US users, the platform is preparing a local marketing campaign designed to demonstrate that it no longer…
Authoritative editorial Content, reviewed by leading industry experts and seasoned editors. Advertisement disclosure The Solana ETF story is getting harder to ignore. The introduction of Bitwise gives the market another reason to treat SOL as the next major test case…
Senator Ron Wyden urged Senate leaders to maintain legal protections for blockchain developers not included in the CLARITY Act as negotiations continue on the cryptocurrency market structure bill. summary Senator Ron Wyden urged Senate leaders to maintain protections for blockchain…
On July 9, South Korea’s Fair Trade Commission (KFTC) approved Mirae Asset Consulting’s acquisition of 92.06% of cryptocurrency exchange Korbit. This is the first time that a subsidiary of a large Korean financial institution has been allowed to purchase a…
top level domains; Apple has signed a multi-year agreement worth more than $30 billion with Broadcom to manufacture custom chips in the United States. The partnership is expected to produce more than 15 billion chips while significantly expanding Broadcom’s manufacturing…
Minutes from a recent Fed meeting highlighted the risks demand for AI could pose to inflation as the Fed continues to hold interest rates steady. The minutes also noted that a rate hike remains a possibility if inflation remains high…
