13h ago
US senators Warren and Kim press Treasury for CFIUS review of UAE's reported $500 million World Liberty Financial stake
Two Democratic senators on the Senate Banking Committee have asked Treasury Secretary Scott Bessent to determine by March 5 whether CFIUS should review a reported 49% stake worth about $500 million in Trump-linked World Liberty Financial acquired by a UAE government-linked entity. Their request follows a separate House investigation launched last week by Rep. Ro Khanna, intensifying congressional scrutiny of the firm's foreign ties and national security implications.
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13h ago
13h ago
Coinbase Responds to Federal Reserve's Proposed Reserve Bank Payment Account Framework
On 14 February 2026, Coinbase Global Inc. disclosed it had filed a formal response on 6 February 2026 to the Federal Reserve concerning its proposed Reserve Bank Payment Account framework. The structure, if adopted, could permit eligible non-bank institutions to hold accounts directly with a Reserve Bank and access core U.S. payment settlement systems without intermediary banks. The framework is still under review and has not yet received regulatory approval.
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13h ago
16h ago
Senior crypto leaders pivot to AI as industry faces early 2026 talent rotation and coordination test
In early 2026, several high-profile crypto leaders, including Akshay BD from Solana, Anthony Rose from zkSync, and Kyle Samani of Multicoin, announced moves into AI or other domains, raising concerns about a leadership drain. Data from Electric Capital shows overall monthly active crypto developers fell about 7% year over year in 2024, while experienced contributors with at least two years in the space grew 27%. Industry figures argue this reflects cyclical churn and leadership reshuffles rather than a collapse in core builders, as regulatory clarity around stablecoins and convergence with AI create new incentives for hybrid financial infrastructure.
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SOL
SOL+4.13%
16h ago