FinTech
Kraken opening digital tokens of Apple, Tesla and Nvidia to people outside the U.S.
Kraken is one of the world’s largest crypto exchanges. Tiffany Hagler-Geard | Bloomberg via Getty Images Kraken, a crypto exchange that has spent years in court battling charges brought by the U.S. Securities and Exchange Commission over its digital asset offerings, is preparing to offer tokenized securities, including shares of Apple, Tesla, and Nvidia, to […]
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Hong Kong passes stablecoin bill as more governments recognize the digital asset
The Tether (USDT) stablecoin logo. Costfoto | Nurphoto | Getty Images Hong Kong passed a stablecoin bill on Wednesday to expand its cryptocurrency licensing regime as more governments recognize the digital asset. Unlike volatile digital assets like bitcoin, the value of stablecoins is tied to a real-world asset like fiat currencies or commodities like gold. […]
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Alphabet’s Waymo wins approval to expand driverless ride-hailing service to San Jose
A Waymo autonomous vehicle drives along Masonic Avenue on April 11, 2022 in San Francisco, California. Justin Sullivan | Getty Images News | Getty Images Alphabet’s Waymo unit has received approval to expand its autonomous ride-hailing service to more parts of the San Francisco Bay Area, including San Jose. In March, the company submitted a […]
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JPMorgan CEO Jamie Dimon says the bank will let clients buy bitcoin
JPMorgan Chase CEO Jamie Dimon delivers a speech during the Global Markets Conference, ahead of the Choose France summit, in Paris, on May 15, 2025. Michel Euler | Afp | Getty Images JPMorgan Chase is finally allowing clients to buy bitcoin. But CEO Jamie Dimon is still a skeptic. “We are going to allow you […]
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Klarna doubles losses in first quarter as IPO remains on hold
Sebastian Siemiatkowski, CEO of Klarna, speaking at a fintech event in London on Monday, April 4, 2022. Chris Ratcliffe | Bloomberg via Getty Images Klarna saw its losses jump in the first quarter as the popular buy now, pay later firm applies the brakes on a hotly anticipated U.S. initial public offering. The Swedish payments […]
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UK clamps down on ‘wild west’ of buy now, pay later sector with new rules
Klarna is synonymous with the “buy now, pay later” trend of making a purchase and deferring payment until the end of the month or paying over interest-free monthly installments. Nikolas Kokovlis | Nurphoto | Getty Images The U.K. government on Monday laid out proposals to bring short-term loans under formal rules as it looks to […]
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Trump meme coin dinner likely to include mostly non-Americans based on top $TRUMP holders
Jonathan Raa | Nurphoto | Getty Images With President Donald Trump’s private dinner for top meme coin holders less than a week away, the leaderboard is awash with crypto wallets that are effectively anonymous. On May 22, the top 220 $TRUMP holders are invited to a dinner with the president at his Virginia golf club […]
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Apple Pay services resolved after outage, company says
Nurphoto | Nurphoto | Getty Images Apple users experienced problems with a range of the company’s payment features on Friday. Wallet and Apple Pay were the last payment issues to be resolved, according to the company’s support site. Earlier in the day, nearly 3,000 users reported issues with Apple Pay, according to Downdetector, a website […]
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Novogratz’ Galaxy Digital opens trading on the Nasdaq at $23.50 per share
Mike Novogratz’ crypto firm Galaxy Digital started trading on the Nasdaq Friday under the ticker GLXY. The stock opened at $23.50 per share on the U.S. exchange. Galaxy Digital, which has been traded on the Toronto Stock Exchange since 2020, shifted its shares to the Nasdaq through a direct listing — a move that follows […]
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Mike Novogratz describes ‘unfair, infuriating’ path to Galaxy Digital’s Nasdaq listing
Michael Novogratz, founder and chief executive officer of Galaxy Digital LP, left, during an interview on an episode of Bloomberg Wealth with David Rubenstein in New York, US, on Wednesday, July 26, 2023. Victor J. Blue | Bloomberg | Getty Images TORONTO — Mike Novogratz said he spent nearly four years and more than $25 […]
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