UKRAINE – 2021/10/06: In this photo illustration a Google Play Store logo is seen on a smartphone. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Google Play Store has implemented a new policy requiring cryptocurrency wallet developers to obtain government licenses before publishing apps in 15 jurisdictions, including the…
Michael M. Santiago/Getty Images 2025-08-13T18:57:30Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in….
Big banks are making it harder and more expensive for consumers to use fintech and crypto apps, which amounts to what could be seen as “Operation Chokepoint 3.0.” That’s according to Alex Rampell, General Partner at venture capital firm Andreessen Horowitz (a16z). In its latest fintech newsletter, Rampell pointed to traditional financial institutions charging high…
President Donald Trump’s primary Super PAC has raked in over $200 million this year, with the donations ranging from unseemly to objectively funny. Perhaps the most notable donor to the group, MAGA Inc., is Elon Musk, who gave $5 million in late June despite publicly feuding with the president ever since he left his role…
The worldwide financial system needs to rewrite its rules for a future of tokens, as the rise of stablecoins poses new challenges to the global infrastructure for instant payment, clearing and settlement, according to the gatekeeper of the world’s central banks. Stablecoins, which are digital tokens backed by fiat currencies or other reserve assets, could…
Moving out of poverty and achieving financial success is a core tenet of the American Dream—but has become increasingly difficult to achieve. A group of billionaires wants to reverse that trend. The charitable foundations of Bill Gates, Charles Koch, Steve Ballmer, Intuit founder Scott Cook and hedge fund investor John Overdeck pledged more than $1…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. After building and selling a media empire for over $150 million, Ran Neer didn’t need to chase the next big thing. Yet since 2016, he’s been all-in on crypto, hosting the world’s first televised crypto show and building…
CMB International Securities (CMBI), the brokerage arm of China Merchants Bank, said it received a virtual asset licence from Hong Kong’s Securities and Futures Commission, making it the first mainland broker to conduct cryptocurrency trading services and other activities in the city. The licence, issued on Monday, allowed CMBI to engage in a variety of…
LOS ANGELES, CALIFORNIA – FEBRUARY 11: Shaquille O’Neal attends Shaq’s Fun House presented by FTX at … More Shrine Auditorium and Expo Hall on February 11, 2022 in Los Angeles, California. (Photo by Frazer Harrison/Getty Images) Getty Images Shaquille O’Neal may have dominated on the basketball court, but his off-court moves in crypto haven’t aged…
By Vidya Ranganathan CHINA based tech giants JD.com and Alibaba affiliate Ant Group are urging the central bank to authorise yuan-based stablecoins to counter the growing sway of U.S. dollar-linked cryptocurrencies, people with direct knowledge of the discussions said. The two firms propose China allow the launch of stablecoins in Hong Kong pegged to its…