A leading financial regulator in the United States is issuing a warning about stablecoins. Michael Barr, vice chair for supervision at the Federal Reserve, told...
In a move to ensure consumer protection and regulatory oversight, the Consumer Financial Protection Bureau (CFPB) is proposing to supervise larger nonbank companies that offer...
The criminal case against FTX founder Sam Bankman-Fried reached its climax last week. The civil cases involving his former company, however, are ongoing. Bankman-Fried’s conviction...
The U.K.’s antitrust watchdog is on the cusp of new authority to crack down on tech giants. These changes, touched on Tuesday (Nov. 7) in...
Refurbed, an Austria-based online marketplace that sells refurbished electronics in Europe, raised $57 million in a Series C round. The platform will use the capital...
San Francisco-based B2B rebate platform Enable has closed a successful Series D funding round, raising $120 million and achieving a valuation of $1.12 billion. The...
MoneyLion said it recorded rising revenue this quarter after developing new personal finance tools. The financial app released quarterly earnings Tuesday (Nov. 7) showing revenues of $110...
Private-equity firm TPG has made a significant move into the vacation rental market by acquiring single-family homes in Florida and offering them for nightly rentals...
IBM is launching a $500 million venture fund to invest in artificial intelligence (AI) companies. The fund’s primary focus will be on accelerating generative AI technology...