Republican pair intend to compel lawmakers to remain in DC to finance the government
Congress Looks to Prevent Government Shutdown Two Republican senators are setting out to ensure the government remains operational, even if it means keeping their fellow lawmakers in Washington, D.C. Senators James Lankford from Oklahoma and Jodie Arlington from Texas are poised to introduce legislation aimed at requiring lawmakers to stay in D.C. until a temporary […]
As a financial planner and personal finance journalist, here’s how I prepare for open enrollment with rising health care expenses.
Navigating Rising Healthcare Costs As a certified financial planner and someone who reports on personal finance, I often find myself pondering ways to manage soaring healthcare expenses. It seems that for many employees, health insurance remains a primary benefit, yet not everyone takes the time to choose the right plan, according to recent surveys. A […]
Google’s New L1 Blockchain for Finance: A Comparison with L1s by Stripe and Circle
Google Cloud to Launch New Layer-1 Blockchain Google Cloud is set to introduce its own Layer-1 Blockchain, positioning it as a neutral foundation for global finance amid rising competition from fintech firms developing their own distributed ledgers. In a LinkedIn post, Rich Widmann, who heads Google’s Web3 Strategy, shared updates about the project, naming it […]
Strategy Secures $357 Million in Bitcoin After Restarting Common Stock Sales to Finance BTC Purchases
Simply put The strategy bought approximately 3,000 Bitcoin, totaling around $357 million. Common stock was issued to finance these acquisitions. This action went against the recently established share issuance policy. The company recently announced that it had purchased $357 million worth of Bitcoin, utilizing common stock for funding after a nearly month-long hiatus. Tyson Corner […]
SBI Group and Chainlink collaborate to introduce crypto technology to finance in Asia.
Update (August 25, 3:50am UTC): This article includes new comments and details regarding SBI’s partnerships. The Japanese financial conglomerate SBI Group has teamed up with the blockchain Oracle Platform Chainlink to develop cryptographic tools for financial institutions in Asia. On Sunday, SBI noted that their collaboration with Chainlink emphasizes “the important use cases for Japan […]
City Impex will transform trade finance, says City Bank DMD Faruk Ahmed.
Citibank Introduces City Impex for Corporate Trading Citibank has recently rolled out an online platform called City Impex, designed to enhance trading services for corporate clients. This initiative is reportedly the first of its kind among banks in Bangladesh, featuring a comprehensive suite of trade finance solutions that cover everything from LCS exports to payment […]
Prevent the Campaign Finance Board from manipulating the election—then abolish it completely.
Mayor Eric Adams’ Legal Battle with the Campaign Finance Board Mayor Eric Adams has taken legal action against the Campaign Finance Committee, claiming they are engaging in an unjust and undemocratic effort to undermine his campaign. While he may not have found resolution quickly, he’s at least shedding light on a system that seems to […]
Custodia Bank’s CEO cautions that traditional finance companies are about to experience their first crypto winter.
Concerns About Institutional Investors and Crypto Risk Management Caitlin Long, the CEO of Custodia Bank, has expressed concerns regarding institutional investors in the traditional financial sector. She believes they lack a modern risk tolerance model to effectively navigate the complexities of cryptocurrency, especially with a bear market potentially on the horizon. During her talk at […]
New Head of U.S. Federal Reserve Supervision Enthusiastic About Integrating Crypto into Finance
Federal Reserve’s Bowman Addresses Crypto and Bank Adoption In a recent talk, the vice-chair of the US Federal Reserve, Michelle Bowman, expressed concerns over the banking sector’s slow adoption of digital assets. She suggested that the Federal Reserve would establish guidelines for banks struggling to navigate the evolving crypto landscape. This message came during her […]
Mayor Eric Adams takes legal action against NYC Campaign Finance Board for refusing to provide him with nearly $5M in matching funds.
Mayor Eric Adams Sues Campaign Finance Committee Mayor Eric Adams is taking legal action against the city’s campaign finance committee, claiming it has acted “arbitrarily, whimsically, and unconstitutionally” by blocking nearly $5 million in funds intended for his reelection campaign. The committee, according to Adams, has displayed a “deplorable anti-democratic bias” by refusing to allow […]