Step Deal Draws Senate Scrutiny Over Teen Crypto Access Sen. Elizabeth Warren is turning up the pressure on Beast Industries after it acquired Step, a fintech app built for teenagers that once allowed minors to trade crypto with parental approval. In a letter dated March 23, Warren asked Beast Industries founder Jimmy Donaldson, widely known…
OpenAI plans to shut down its Sora AI video generator just months after launching a standalone app, as the company moves to simplify its product lineup and redirect resources toward core AI systems. We’re saying goodbye to the Sora app. To everyone who created with Sora, shared it, and built community around it: thank you….
When I speak to Blake Resnick, he’s walking around his drone startup’s newest office space in Seattle—a cavernous 50,000-square-foot facility that, Resnick estimates, won’t be fully set up until later in the year—potentially November. Still, the big (and for now, largely empty) building offers the promise of a fast-growing company intent on conquering its particular…
Crypto platforms may no longer offer interest-like stablecoin rewards, but activity-based incentives remain under new legislative draft. Crypto and bank representatives convened again on Capitol Hill this week to review the latest legislative text outlining a compromise between the two groups after months of discussions. The meeting continues previous talks on whether the former…
Samsung’s Galaxy S26 has joined the Google Pixel 10 family of smartphones as the only non-Apple devices to support Apple’s popular AirDrop service. The post Apple’s AirDrop Feature Is Now Available on Select Androids Worldwide appeared first on TechRepublic. Source link
CFTC Targets Emerging Tech Oversight Framework Regulatory priorities for emerging financial technologies advanced as the Commodity Futures Trading Commission (CFTC) announced on March 24 that Chairman Michael S. Selig has formed the Innovation Task Force. The effort focuses on oversight of novel products developing in U.S. derivatives markets. Operational design of the task force centers…
Morgan Stanley will let clients trade tokenized versions of U.S. stocks and ETFs on its internal ATS from late 2026, tying into SEC pilots at DTCC and Nasdaq for on‑chain settlement. Summary Morgan Stanley plans to enable tokenized issuance and settlement for selected blue‑chip U.S. stocks and ETFs on its alternative trading system in H2…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure X Finance Bull, a well-known Ripple advocate and market analyst, has placed XRP back into the spotlight with fresh insights into its design and utility. According to him, XRP was never just a payment token but a digital currency built for far…
A New Mexico jury found Meta liable Tuesday for misleading consumers about the safety of its platforms and endangering children. Meta has been ordered to pay the maximum penalties for each violation of New Mexico’s consumer protection laws, amounting to $375 million. “Meta executives knew their products harmed children, disregarded warnings from their own employees,…
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