Business
U.S. Bitcoin Reserve Stalls as Treasury and Commerce Fight for Control of $21B Stockpile
Sixteen months after an executive order, the $21 billion U.S. Bitcoin reserve remains stalled as the Departments of the Treasury and Commerce fight for administrative control.
Business
Silver Plunges 50% to $60 as Hormuz Reopens, But $130 Rebound Forecasted
Silver prices collapsed 50% from a $121.79 January peak down to $60 following the Strait of Hormuz reopening. But physical supply deficits suggest a rebound to $130 next year.
Business
Sberbank to Launch Crypto Wallet Before December as Moscow Approves Digital Assets Bill
Sberbank will natively integrate crypto wallet services into its mobile apps before December 2026, though non-qualified retail investors face a strict 300,000-ruble annual transaction cap.
Business
BDO UK and Ireland finalize $1.4bn merger to target AI-driven advisory growth
BDO UK and BDO Ireland have officially finalized a £1.1 billion ($1.4bn) merger. The combined 8,500-employee firm plans to double its Irish workforce in five years despite industry-wide AI cuts.
Business
$1.79T Stablecoin Record: June transaction volume surges 63% on USDC institutional adoption
Adjusted stablecoin transaction volume hit an unprecedented $1.79 trillion in June. USDC dominated the market with a 67% share as traditional finance accelerates cross-border blockchain settlements.
Business
52% of finance firms are already deploying autonomous AI agents. Now, European central bankers are demanding emergency "kill switches" to prevent machine-speed market meltdowns.