US Federal Reserve Governor Michael Barr said bank regulators will have to adjust their guardrails as competition from fintech companies pushes lenders toward greater use of artificial intelligence.

House Financial Services Chairman French Hill said across the-board-tariffs don’t always come with a measurable goal, signaling reservations about the Trump administration’s far-reaching levies that were unveiled this week.

Luxury watch resellers say they’re seeing an uptick in interest in their products with the US poised to impose a 31% levy on Swiss exports to the US.

Stocks get crushed by recession fears, with the S&P 500 plunging 9% this week.

Stablecoin issuers and exchanges got a boost Friday from the Securities and Exchange Commission after the agency’s staff determined that the assets, generally, aren’t securities.

Waves of volatility shook markets anew, with stocks, bonds and commodities getting whipsawed by another deluge of headlines around President Donald Trump’s trade war that only reinforced the clouds hanging over the outlook for investing and the economy.

Cryptocurrencies recovered from an earlier plunge in a whipsaw day of trading triggered by President Donald Trump’s onslaught of tariffs on US trading partners.

Stablecoin issuer Tether Holdings SA is considering launching a US-based token aimed at institutional clients, as the company looks to capitalize on President Donald Trump’s pro-crypto administration.

Understanding USDT

S&P 500 on verge of a bear market

Saba Capital Management founder Boaz Weinstein warned that the trade war threatened to accelerate the selloff in corporate bonds and spur a wave of bankruptcies that may ramp up faster than in previous market crises.

Bank of England Governor Andrew Bailey won unanimous backing for his nomination to lead the Financial Stability Board after incumbent Chair Klaas Knot leaves.

Michael Saylor’s Strategy said it will register an unrealized $5.9 billion loss in the first quarter after adopting an accounting change that requires valuing the digital asset at market prices.

Despite a friendlier environment for digital assets in the US and globally, crypto venture capital activity has largely remained at a standstill.

Pakistan has roped in Changpeng Zhao, the co-founder of the world’s largest crypto exchange Binance, to set up a globally competitive platform for digital finance in the South Asian nation.

The Trump administration’s threat of massive new tariffs has sent Apple Inc.’s share price plummeting, but it also brought a short-term benefit: customers rushing to retail stores to buy iPhones.

Alternative asset manager Teucrium Investment Advisors LLC is launching a leveraged exchange-traded fund linked to cryptocurrency XRP, the asset at the center of a recently ended probe of Ripple Labs Inc. by US regulators.

Wild swings lashed Wall Street for a fourth straight session as back-and-forth trade threats between the US and China knocked down stocks, erasing an earlier rally that was the biggest since 2022. The S&P 500 fell 1.6%, leaving it on the brink of a bear market.

Billionaire Michael Novogratz’s crypto conglomerate Galaxy Digital Holdings Ltd has received permission for a direct listing on the Nasdaq stock exchange, with trading expected to happen shortly after special shareholder meeting, the company said in a press…