Block Plans Major Job Cuts amid AI Restructuring
Block will cut roughly 4,000 jobs as part of an AI-driven restructuring aimed at streamlining operations and shifting toward smaller, automation-focused teams.
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Block will cut roughly 4,000 jobs as part of an AI-driven restructuring aimed at streamlining operations and shifting toward smaller, automation-focused teams.
Stripe’s co-founder John Collison expects rapid growth in AI agent-driven commerce powered by stablecoins and high-throughput blockchains.
The UK Financial Conduct Authority has selected four firms, including Revolut, to test stablecoin issuance and payments in a regulatory sandbox starting in Q1 2026. The…
Payoneer has applied for a US national trust bank charter as fintech and crypto firms increasingly seek regulated pathways to offer stablecoin and custody services.
Stripe is reportedly exploring an acquisition of PayPal or parts of its business as competitive pressures and strategic shifts reshape the global payments landscape.
Meta is preparing to relaunch stablecoin payments later this year, leveraging a third-party vendor and a new wallet to navigate regulatory and operational challenges.
Bloomberg Intelligence estimates Coinbase’s USDC-related revenue could rise significantly if stablecoin payments adoption accelerates, even as lawmakers debate tighter yield rules.
Stablecoin payments firm RedotPay is reportedly evaluating a US IPO that could raise over $1 billion and value the company above $4 billion. The move follows…
US lender Rate has introduced a mortgage product that allows verified cryptocurrency holdings to count toward underwriting requirements without requiring liquidation.
Fintech firm NEWITY secured an $11 million investment led by CMT Digital to scale AI underwriting and connect small business credit with blockchain capital markets.
Nevada has filed a civil enforcement action against Kalshi after a federal appeals court denied the firm’s attempt to block state regulatory action.
eToro shares rose over 20% after reporting a Q4 earnings beat, with crypto-related activity driving a significant share of revenue and income.
Gemini is parting ways with its CFO, COO, and CLO in a major leadership reshuffle as rising operating costs continue to pressure profitability.
TON Foundation has partnered with Banxa to expand stablecoin payment processing for Asia-Pacific merchants, targeting cross-border settlements and SME adoption.
Crypto.com has obtained ISO/IEC 42001:2023 certification for AI systems management, positioning artificial intelligence as a core business line alongside its crypto services.