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The Senate Banking Committee released a discussion draft of the Responsible Financial Innovation Act of 2025 last week, marking a significant development in federal cryptocurrency regulation efforts. The proposed legislation introduces "ancillary assets" as a regulatory category and outlines expande

SharpLink Gaming Inc. announced the hiring of Joseph Chalom, a 20-year BlackRock veteran who spearheaded the investment giant's entry into digital assets, as co-chief executive officer. Chalom will manage the company's Ethereum treasury strategy while sharing leadership duties with current CEO Rob P

Elon Musk's artificial intelligence company xAI announced Tuesday it will integrate its Grok chatbot into Kalshi's real-money prediction markets, marking the second major betting platform partnership for the billionaire's AI venture this year. The collaboration with the federally regulated predictio

PayPal announced the launch of PayPal World, a cross-border payment platform designed to connect major digital wallets and payment systems globally. The initiative will debut this fall with five initial partners: UPI, Tenpay Global, Mercado Pago, PayPal, and Venmo, potentially serving nearly two bil

Goldman Sachs and Bank of New York Mellon have developed a system allowing institutional investors to purchase tokenized money market funds, marking a significant advancement in the digitization of the $7.1 trillion money market industry. The initiative enables BNY clients to invest in money market