From a current level of about $2 trillion, assets in the private credit sector are projected to reach roughly $30 trillion by the end of the decade according to some estimates, representing dizzying scale that has turned what was once a specialist corner of finance...
Binance’s co-founder and ex-CEO is reportedly in discussion with several countries about tokenizing their assets. Changpeng Zhao told a panel at the World Economic Forum in Davos that he has spoken with “probably a dozen governments” about the effort, CoinDesk reported Thursday (Jan. 22). While he did not...
President Donald Trump’s wide-ranging address at the World Economic Forum in Davos on Wednesday (Jan. 21) drew headlines for its geopolitical content but was also notable for its coverage of key domestic economic themes. Embedded in the speech were repeated references to the U.S. economy...
Meta’s new artificial intelligence lab has reportedly delivered its first AI models internally. Andrew Bosworth, the company’s chief technology officer, told Reuters Wednesday (Jan. 21) that the models created by Meta’s Superintelligence Labs team showed promise. “They’re basically six months into the work, not quite even,” said Bosworth,...
January 27, 2020
For the Consumer Financial Protection Bureau (CFPB), 2020 may be a landmark year. There’s the looming question over the agency’s very constitutionality, recent definitions of what equates to “abusive” practices may scale back investigations (and fines) and some states seek to boost consumer protections. We break down why 2020 may herald big changes for the bureau.
January 24, 2020
While there was no shortage of goings on this week, the eyes and ears of the payments, commerce and finance enthusiasts were more likely trained on the goings on in...
January 22, 2020
In today’s top news, Grab, Razer, AirAsia and CIMB join other companies considering applying for one of five digital banking licenses in Malaysia, and Vodafone leaves the Libra Association. Also,...
January 22, 2026
Binance’s co-founder and ex-CEO is reportedly in discussion with several countries about tokenizing their assets. Changpeng Zhao told a panel at the World Economic Forum in Davos that he has spoken with “probably a dozen governments” about the effort, CoinDesk reported Thursday (Jan. 22). While he did not specify which governments or assets, the report added, this concept […]
January 21, 2026
Meta’s new artificial intelligence lab has reportedly delivered its first AI models internally. Andrew Bosworth, the company’s chief technology officer, told Reuters Wednesday (Jan. 21) that the models created by Meta’s Superintelligence Labs...
January 23, 2025
The high-stakes drama involving TikTok’s future in the United States and the financial strategies of its Chinese parent company, ByteDance, took a turn as investors considered possible options. An American...
January 21, 2025
American banks are reportedly in “go mode” with Donald Trump’s return to the White House. So says Mary Erdoes, head of asset and wealth management for J.P. Morgan, who said Tuesday...