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Polymarket, one of the world’s largest prediction market platforms, is tightening its grip on anonymous access by pushing traders to complete identity verification, according to a May 27, 2026, report from The Information. Polymarket Cracks Down on Non-KYC Users The Information’s Michael Roddan reports that the platform is blocking suspicious accounts and cracking down on … Read more
Falcon Finance is poised to be part of the next generation of the development of stable coins by introducing $fUSD, which is a compliant dollar-backed coin intended only for institutional purposes according to the GENIUS Act model. This initiative takes place amid an already highly crowded market of more than $320 billion worth of circulating … Read more
Mastercard Transaction Services (U.S.) LLC received a Virtual Currency License from the New York State Department of Financial Services on Wednesday, giving the global payments company formal standing to operate digital asset services in one of the most tightly regulated financial jurisdictions in the country. Mastercard Wins NYDFS Bitlicense, Opening New York Digital Asset Access … Read more
After years of warning that AI would wipe out entry-level white-collar roles, OpenAI CEO Sam Altman now says he was wrong on the near-term jobs impact. Recent studies from Yale Budget Lab, Brookings, and Anthropic find limited labor effects so far, even as Altman calls out “AI washing” by companies using automation as cover for … Read more
Manifest Finance has officially aligned with Ethena, the infrastructure supporting USH, Manifest’s real estate-backed token converging tokenised physical assets and DeFi yield mechanisms. The announcement notes that Manifest has selected the choice of Ethena’s assets as the core liquidity layer for USH whilst the protocol builds out the real estate portfolio that underwrites the token. … Read more
In one of the most important institutional tokenization initiatives proposed this year, DTCC and the Stellar Development Foundation announced their plans to enable asset tokens custody by DTC directly on the Stellar public blockchain. The announcement notes that token representations of assets to be issued through the Depository Trust Company will become open in the … Read more
SoFi Technologies has made SoFiUSD available to its nearly 15 million members, becoming the first U.S. national bank to offer a bank-issued stablecoin directly inside a banking application. SoFi Opens SoFiUSD to 15 Million Users, Targets Cross-Border Transfers and Bullish Listing The San Francisco-based company announced the launch on May 27, giving members the ability … Read more
The SLX token of Solstice has faced a backlash this week after details emerged that the community identified a wallet, which had sold off an estimated $645,000 worth of SLX tokens, was potentially owned by insiders. The wallet then became a target of speculation as it was quickly active through Binance Alpha, leading users to … Read more
President Donald Trump posted a public statement Tuesday defending the Commodity Futures Trading Commission’s (CFTC) exclusive federal authority over prediction markets and warning that the United States must protect its position as the world’s leading crypto destination. Trump Backs CFTC Chairman Selig on Prediction Markets, Warns States to Stand Down On Truth Social, Trump directed … Read more
The letters examine the growing influence of artificial intelligence (AI) on today’s and future human lives and call to remain “profoundly human.” Leo XIV acknowledges that AI changes the current Social Doctrine and calls for protecting jobs and the role of work in the economy. Pope Leo XIV Issues First AI Encyclical Letter: Humanity Must … Read more