Galaxy has obtained a BitLicense from the New York State Department of Financial Services, regulatory approval to operate a cryptocurrency business in the state. Galaxy has received a BitLicense from the New York State …
Tag:
financial
- Web3 Technology
South Korea’s KB Financial Completes Stablecoin Pilot for Offline Payments
by adminby adminKB Financial Group, the parent company of South Korea’s largest bank, KB Kookmin, completed a stablecoin pilot for offline payments and cross-border remittances through the Kaia blockchain. KB tested the lifecycle of a South …
- Altcoin Highlights
Sports betting should be regulated as a financial product, not gambling, aspiring prediction market provider says
by adminby adminMIAMI BEACH, Fla. — Sports betting should be regulated as a federal financial product rather than a state-licensed casino product, two panelists said Thursday. Appearing at Consensus Miami 2026, Jacob Fortinsky, co-founder and CEO …
- Web3 Technology
Researchers Propose New Way to Manage Financial Risk When AI Agents Fumble Trades
by adminby adminIn brief A newly proposed “Agentic Risk Standard” separates AI jobs into fee-only tasks protected by escrow and fund-handling tasks that require underwriting. In simulations, underwriting reduced user losses by up to 61%, though …
- Bitcoin & Ethereum
IMF Highlights Hidden Risks as Tokenization Eliminates Traditional Financial Buffers
by adminby adminWithout public infrastructure underpinning tokenized finance, the IMF warns it could amplify instability through several compounding forces. The International Monetary Fund (IMF) has warned that although the adoption of tokenized finance brings many efficiency …
The Trump-backed DeFi project’s new AgentPay SDK gives AI agents self-custodial wallets and policy-enforced spending on EVM chains. World Liberty Financial (WLFI) on Thursday released the AgentPay SDK, an open-source toolkit that enables AI …
- Blockchain Research
US rising war costs further boosts Bitcoin’s financial refuge status
by adminby adminThe United States spent in the first six days of its war with Iran an amount equal to nearly half the current market value of the Bitcoin held by the federal government. The administration …
Bitcoin & Ethereum
Trump Sons Haven’t Abandoned World Liberty Financial, Crypto Firm Insists
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In brief Donald Trump Jr. said the Trump family has not abandoned World Liberty Financial, dispelling online rumors. Co-founder Zach Witkoff said the firm is close to conditional approval for a national bank charter. …
The International Monetary Fund said tokenization has the potential to remove friction and boost transparency in finance, but warned that the technology could also create challenges that affect financial stability. “The net effect of …
Bitcoin & Ethereum
UK Parliamentary Panel Flags AI Oversight Gaps Could Expose Financial System to Harm
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In brief The UK’s Treasury Committee warned regulators are leaning too heavily on existing rules as AI use accelerates across financial services. It urged clearer guidance on consumer protection and executive accountability by the …
