Why Wall Street giants build tokenization money for institutions, not regular consumers
JPMorgan and Citi move billions in tokenized deposits, but only among their branches. A U.K. challenger bank is about to do something neither has done.…
Bastion wins conditional OCC approval for national trust bank charter
Bastion Platforms National Trust Company will offer stablecoin custody and wallets, payment infrastructure and whitelabel issuance from a single federally…
Stocks face a growing list of threats — so why are investors staying so calm?
Investors are well aware of the risks, but they have simply decided none are significant enough to force them out of the market. Source:MarketWatch
AI leaders want to ‘pace the frontier’ as part of a safety slowdown. But how?
Tech giants are attempting to unite on AI safety, but they’re clashing over how an actual slowdown would work Source:MarketWatch
Dtcpay welcomes SBI Group as strategic investor extending Series A to $25M
Singaporebased payments company completes Series A funding round with Japanese investor SBI Group. Source:Cointelegraph
Hong Kong jails former banker over $1.6B false credit, cryptocurrency bribes: Report
Former banking official gets four years in prison over false letters of credit and accepting $470,000 in cryptocurrency bribes. Source:Cointelegraph
Why investors shouldn’t be spooked by fears of an October stock-market crash
You may be able to profit from investors’ irrational belief that crashes are especially likely to occur in October. Source:MarketWatch
Amazon, Palantir and 12 more top tech stock picks from UBS analysts
The AI datacenter buildout is still early, and UBS says investors can cash in through investments across the technology, media and telecommunications sectors.…
Stocks are failing the ‘breadth’ test, but options traders still see reason to buy
An options volatility tracker has produced a “spike peak” buy signal for stocks for the first time in months, at a time that internal market indicators are…
Most of what you know about data centers is wrong
As AI hysteria reaches a fever pitch, it’s time to look at the evidence. Source:MarketWatch
Coinbase files to bring single-stock perpetual futures to US market
Coinbase wants to bring 24/5 perpetual futures trading to individual US stocks, with its proposed contracts now awaiting regulatory approval.…
It’s almost impossible to sell a condo these days: ‘I feel trapped’
Selling a condo has become a challenge for many, as buyers get spooked at the prospect of bearing everrising HOA fees — even if the home comes with a lower…