Kansas City Federal Reserve President John Schmid indicated on Wednesday that additional monetary tightening may be necessary to bring inflation back to the central bank’s 2 percent target. Speaking at a conference in Omaha, Nebraska, Schmid noted that while progress has been made, the battle against inflation is not yet won. Context and Implications of
Animoca Brands co-founder Yat Siu says agentic artificial intelligence (AI) is the most important shift in the internet since blockchain, and his firm is backing it with a fresh $10 million investment program. Key Takeaways: Animoca Brands launched a $10M fund targeting early-stage agentic AI, calling the sector as early as OpenAI circa 2020. Yat
Stanislav Lazarev, Deputy General Director for Sales at A7, believes that the cross-border payments ecosystem will shift toward independent solutions, including digital assets, as participants seek to complete these disbursements while avoiding secondary sanctions imposed by Western countries. Key Takeaways: To bypass sanctions, A7 says 85% of trades use friendly currencies, pushing independent rails in
Turkey’s crypto market has become the region’s largest, with roughly $200 billion in transaction volume over the past year. Ripple executive Reece Merrick described Turkey as a leading crypto adoption market as Istanbul prepares to host a major blockchain event. Key Takeaways: Ripple executive Reece Merrick described Turkey’s crypto adoption as exceptionally strong. Turkey’s crypto
President Donald Trump announced on May 6, 2026 that Iran had agreed not to develop or acquire nuclear weapons, framing the commitment as a major step forward in ongoing negotiations between Washington and Tehran. The declaration, made during public addresses, comes amid a broader diplomatic push that has included military strikes, ceasefire proposals, and, perhaps
Josh Gruenbaum, the Commissioner of the Federal Acquisition Service at the General Services Administration, has been overseeing government contracts for companies backed by Thrive Capital, the venture firm founded by Joshua Kushner. The problem: Gruenbaum is also an investor in Thrive Capital. The SmartPay connection Gruenbaum was appointed to lead the FAS in January 2025,
Retail investing platforms have spent a number of years racing to become “everything apps” for finance, piling on stocks, crypto, banking and payments in a bid to keep users inside a single ecosystem. But for moomoo, the next battle isn’t about who offers the most assets. It’s about who gives retail investors the same level
Canadian billionaire philanthropist and prominent gold advocate Frank Giustra has re-ignited the fierce debate surrounding cryptocurrency’s safe-haven status. The magnate has warned that the crypto sector is actually vulnerable to state intervention. “There is no escape” Giustra’s latest criticism has been prompted by remarks from prominent media personalities and U.S. Treasury Secretary Scott Bessent regarding