SEC and CFTC pave new regulatory path for US spot crypto markets
U.S. market regulators took a coordinated step to encourage the growth of crypto markets, issuing a joint staff statement on Sept. 2 that affirmed registered exchanges are not barred from offering cer...
Latin America-Focused FinTech Kapital Valued at $1.3 Billion
Mexico City-based FinTech company Kapital said Tuesday (Sept. 2) that it doubled its valuation to $1.3 billion and became “Latin America’s first AI unicorn.”
The company said this whi...
Microsoft Unveils VibeVoice for Longer Conversational AI Audio
Microsoft has released VibeVoice, a new open-source artificial intelligence (AI) model that lets users create podcasts and other audio — a counter to Google’s popular NotebookLM.
But th...
Choosing ‘Daddy’ Over Democracy
One of the things upon which I spend a lot of time pondering: watching right-leaning, but otherwise intelligent people in my life look at Donald Trump’s systematic destruction of constitutional gove...
FDIC Says Problem Banks Shrink as Card Risks Grow
Data from the Federal Deposit Insurance Corporation’s (FDIC) latest report on the state of the banking industry is signaling both optimism and caution. While the number of “problem banks” on its...
