SoFi Technologies has launched SoFiUSD, a fully backed U.S. dollar stablecoin issued by its nationally chartered bank subsidiary the past December 18. The coin is redeemable one-to-one for U.S. dollars …
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BusinessNews
Nexi rejects U.S. private equity firm TPG’s bid for digital banking unit
by Maixa Roteby Maixa RoteItaly’s leading digital payments group, Nexi S.p.A., has rejected a binding offer from U.S. private equity firm TPG for its digital banking unit, marking a notable moment in European fintech …
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BusinessNews
Fold Holdings makes Russell 2000 debut, signaling maturing crypto fintech
by Maixa Roteby Maixa RoteFold Holdings, a U.S.-based Bitcoin financial services company, reached a significant milestone this past December 22 when it was added to the Russell 2000 Index. The inclusion marks one of …
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The United States Food and Drug Administration (FDA) has approved the first oral version of Wegovy, a prescription drug that helps adults with obesity or overweight by reducing appetite and …
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BusinessNews
Delaware Supreme Court restores Elon Musk’s 2018 Tesla pay package
by Maixa Roteby Maixa RoteThe Delaware Supreme Court reinstated Elon Musk’s 2018 Tesla compensation package, originally valued at $56 billion and now worth roughly $139 billion, overturning a lower court ruling that had nullified the award …
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China has reportedly developed a working prototype of an extreme-ultraviolet (EUV) lithography machine, a critical technology for producing advanced AI chips. The development was disclosed on December 17, 2025, in …
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BusinessNewsPolitics
Bank of Japan raises interest rates to highest level in 30 years
by Maixa Roteby Maixa RoteThe Bank of Japan raised interest rates to their highest level in three decades, signaling a cautious step away from the ultra-loose monetary policy that defined Japan’s economy for a …
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BusinessNews
Former UK chancellor George Osborne joins OpenAI to lead global AI initiative
by Maixa Roteby Maixa RoteFormer UK Chancellor George Osborne is moving into the fast-evolving world of artificial intelligence, joining OpenAI as managing director of its new “OpenAI for Countries” initiative. The announcement was made …
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BusinessNews
From experiment to engine: how Blockchain became core banking infrastructure in 2025
by Maixa Roteby Maixa RoteJPMorgan’s rollout of its tokenized money market fund, the My OnChain Net Yield Fund (MONY), demonstrates more than a new product, it signals a deeper structural shift. By embedding tokenized …
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BusinessNews
EU hits Russian oil traders and shipping firms with new sanctions
by Maixa Roteby Maixa RoteThe European Union escalated its sanctions campaign against Russia on Monday, targeting oil traders and shipping firms that have helped Moscow circumvent previous energy restrictions. The decision was adopted collectively …
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BusinessNewsScience
Microsoft signs deal for 3.6M metric tons of carbon removal
by Maixa Roteby Maixa RoteMicrosoft has agreed to purchase 3.6 million metric tons of carbon removal credits from a bioenergy facility being developed in Louisiana by C2X, a company that produces renewable fuels and …
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BusinessNews
European tokenized markets leap forward: Token City exchange gets CNMV approval
by Maixa Roteby Maixa RoteSpain’s National Securities Market Commission (Comisión Nacional del Mercado de Valores or CNMV) has officially approved the formation of Token City Exchange as a regulated securities firm, a landmark move …