The specter of FTX looms large as a former executive debuts an AI trading platform promising 'no-loss' strategy submissions. Is this genuine innovation or a familiar playbook?
Christine Lagarde just threw a wrench into the euro stablecoin ambitions. The ECB chief thinks they're a terrible idea, full of structural weaknesses.
Bitcoin miner IREN Limited is making a dramatic play for the AI compute market, announcing a $3.4 billion cloud services deal with Nvidia. This move positions IREN as a key infrastructure provider, but questions linger about its financial stability.
Dutch pension transitions face a looming 2026 crisis. Insurers hold crucial participant data, yet a stark lack of integration leaves advisors unable to serve employers effectively.
Kraken's parent company is making a major play for federal legitimacy, filing for a national trust company charter with the OCC. This move signals a bold step towards integrating digital assets into the traditional banking system.
The SEC's about to play referee in the burgeoning world of AI-powered, onchain finance. Chair Atkins signaled a move away from pure enforcement, aiming for clarity. But will the rules be a handshake or a hand grenade?
Your AI morning briefing for May 09, 2026 — the top stories you need to know.
The long-awaited Clarity Act, meant to legitimize crypto in the U.S., faces a crucial hurdle. Banks say a new compromise on stablecoin yields is riddled with loopholes, potentially undermining traditional deposits.
Iress is betting big on modernization, enlisting global consultancy Thoughtworks to inject AI capabilities into its core wealth platforms. The ambitious plan aims for client-facing improvements by the second half of 2026.
The former CEO of a failed Oklahoma bank has admitted to bank fraud. He now faces a steep penalty.
A critical Senate hearing is set for Thursday, potentially unlocking the Clarity Act. This legislation could redefine the digital asset landscape, but industry voices still express reservations.
Kraken's parent company is making a significant play in the payments space, acquiring Reap for a cool $600 million. This move signals a major push into card capabilities and a strategic bid for Asia-Pacific dominance.
The fragile hope for peace in the Middle East evaporated, sending ripples through the financial markets and nudging average mortgage rates upward. Mixed domestic economic signals further complicate the outlook.
