Pencil Finance completes a $1 million on-chain student lending cycle in Southeast Asia. The milestone helps link the blockchain-based lending services to students who traditionally do not have access to financing options. Pencil provided the funds as a lender and managed to track the whole lending cycle on-chain. The borrowers
A new governance proposal from NEAR Protocol will bring a radical change. Especially to the way NEAR manages its treasuries and future economic strategy of tokens. The proposal was brought forth by one of the co-founders of NEAR, Illia Polosukhin, on August 3, 2026, through the NEAR Governance Forum. It
U.S. consumers ended the fourth quarter with $1.28 trillion in credit card balances, marking the highest level on record. The Federal Reserve Bank of New York found that there’s been a gain of $44 billion during the three months, which indicates how households depend on revolving credit amid mounting pressures.
Republican Senator Roger Marshall intends to put his proposed credit card swipe fees amendment on the back burner as the Senate Agriculture Committee gears up for a markup of a significant crypto market structure bill. Legislators are determined to keep the bill’s scope on digital asset regulation rather than financial
Capital One Financial Corporation, an American bank holding company, is preparing to acquire a fintech business named Brex through a business deal expected to affect the corporate finance and expenditure management sector. The deal values Brex at around $5.15 billion. The bank reportedly is prepared to finance the deal through
One of the most visible advancements in the use of Bitcoin in public finances has been in the state of Florida, as a bill to establish a Strategic Bitcoin Reserve has been tabled by the legislative body, which would look to invest a potential 10% of its strategic assets in
The Minister of Finance of Japan, Satsuki Katayama, showed her complete support for amalgamating digital assets into traditional financial systems at the time of her New Year’s address at the Tokyo Stock Exchange on January 5. The report from CoinPost mentions that Katayama reveals that stock and commodity exchanges have
The crypto market’s consolidation phase seems to be here to stay, judging from the past few weeks’ actions. Bitcoin has once again docked at the $83,000 range, which has caused altcoins to pause their recovery. Meanwhile, particular altcoins have managed to retain their bullish trends in the sector. Notably, the
Howard Lutnick, the CEO of Cantor Fitzgerald predicts that traditional finance (TradFi) companies want to transact in bitcoin as a new asset. But they are hesitating to take further steps because of all the existing requirements of U.S. regulators. Lutnick on his official X post stated, “Bitcoin has been an
India’s ascent to a global innovation epicenter is a testament of government initiatives such as AatmaNirbhar Bharat and ‘Make in India’, encouraging and driving the nation’s digital transformation. India’s digital landscape and swift adoption of groundbreaking, next-generation solutions are fundamentally reshaping its economic landscape. Celebrating this burgeoning ecosystem, the inaugural
