The OKX cryptocurrency exchange, one of the world’s largest, pleaded guilty on Monday to processing more than $1 trillion in transactions by US customers without a license and will pay more than $504 million in penalties.

Stocks closed at a five-week low and bonds surged as another disappointing reading on the US consumer fueled concern about the health of the world’s largest economy.

Bitcoin tumbled below $90,000 to hit the lowest level since mid-November, as the rally that followed Donald Trump’s election to the White House reverses amid a broader retreat from risky assets.

South Korea’s Financial Services Commission has suspended some businesses of Dunamu, the parent firm of the country’s largest cryptocurrency exchange Upbit, for three months over violation of certain rules.

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A big fight is brewing in Washington over who can deduct state and local taxes.

Whisper it, but signs are starting to emerge across global financial markets that the weight of Donald Trump’s multi-pronged policy agenda is becoming a bit too much to bear.

Good morning. Have you replied to the DOGE email? You have another chance. Donald Trump’s political and trade disputes get bigger. And don’t expect your breakfast eggs to get any cheaper any time soon. Listen to the day’s top stories.

PayPal Holdings Inc. predicted growth in earnings and transaction margins in coming years, as its new leadership continues to streamline the sprawling business.

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They were all the rage on the way up: high-risk, high-return exchange-traded funds, minted in bulk by Wall Street product managers in the euphoria of the post-election bull market.

Uniswap Labs, the creator of the largest decentralized trading platform on Ethereum, said the US Securities and Exchange Commission has closed its investigation into the company with no enforcement action.

PayPal Holdings Inc. plans to integrate its stablecoin into more of its products this year in an effort to address all of its merchants’ needs through a single platform.

Muyao Shen follows the money from the Bybit hack and wonders where it’s all going to end up.

Good morning. The US and Ukraine clinch a deal to jointly develop the latter’s natural resources. Eli Lilly slashes the cost of some Zepbound doses. And Premier League stadiums are getting more luxurious. Listen to the day’s top stories.

Shares of the world’s largest technology companies climbed in late hours on speculation that Nvidia Corp.’s earnings will help reignite the artificial intelligence-driven rally.

Jeremy Allaire, the co-founder of stablecoin issuer Circle Internet Financial, is making the case that the issuers of the dollar-based cryptocurrencies that underpin much of the trading in digital-assets markets should be registered in the United States.

The US Commodity Futures Trading Commission will formally evaluate how companies or individuals accused of wrongdoing cooperate or self-report before levying fines, the latest signal the derivatives regulator is shifting its approach to enforcement.

Mirae Asset Securities Co., a leading South Korean brokerage, will suspend orders for some of the riskiest leveraged exchange-traded products listed overseas, after warning against potential losses from increased volatility.