President Donald Trump convened what he called the single largest gathering of American farmers at the White House on Friday, bringing together more than 800 cowboy-hat-wearing men and women. They filled the South Lawn alongside a shiny golden tractor as the president touted his support for the agricultural industry. “I just gave you $12 billion.
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BlackRock’s Chief Executive Larry Fink told shareholders this year that digital assets, alongside private markets, insurance, and active ETFs, could each become $500 million revenue generators for the firm within five years. According to him: “Private markets to insurance, private markets to wealth, digital assets, and active ETFs, we think these can all be $500
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Home Market News Stocks News Vakrangee partners Bajaj General Insurance for health, motor, home and travel policies Shares of Vakrangee Limited ended at ₹5.71, down by ₹0.100, or 1.72%, on the BSE. 2 Min Read Mumbai-based software player and white-label ATM operator Vakrangee Ltd on Saturday (March 21) said it has entered into a corporate
The stablecoin debate in Washington is increasingly becoming a fight over a single question: who gets to keep deposit insurance on-chain? FDIC Chair Travis Hill signaled that payment stablecoins under the GENIUS Act should not qualify for pass-through insurance, while tokenized deposits that meet the legal definition of a deposit would retain the same insurance
As the sector accelerates, data centre developers, owners and contractors face risks beyond conventional industrial or logistics projects. Power availability, intricate fit-out and specialist insurance all affect programme certainty and liability. Success increasingly depends on early coordination and clear risk allocation from the earliest stages. The surge is driven by demand from the likes of
A Texas steel erector unwittingly submitted $870,000 in two payments intended for a fabricator to a bank account that was instead controlled by cyber thieves, who faked not only emails but also impersonated the fabricator’s chief financial officer on a phone call, a recent lawsuit revealed. None of the funds were recovered. Information about the
Eight of 15 designer liability insurers reported in a recent survey that they started charging higher rates in 2025, but five insurers kept them the same and two were actually lowered. Of those that raised rates, most sought increases of 5% or lower. In other words, according to the annual professional liability insurance market survey
Travis Hill, chair of the US Federal Deposit Insurance Corporation (FDIC), confirmed that, in his opinion, a law passed in July 2025 would not give the agency the authority to guarantee stablecoin deposits. In remarks prepared for the American Bankers Association (ABA) Washington Summit on Wednesday, Hill said that under rules for the stablecoin payments
Homepage > News > Business > Circle outperforming crypto sector as stablecoin adoption grows Stablecoin issuer Circle (NASDAQ: CRCL) is having a better year than the overall digital asset sector, but will AI agents offer additional growth opportunities or unleash economic mayhem? Circle off to roaring start in 2026 AI agents + digital assets: convenience
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February 15, 2026 at 9:00 AM UTC Updated on February 16, 2026 at 7:06 AM UTC A category of insurance risk that hardly existed a little over a decade ago has morphed into a meaningful source of losses for the industry. Claims tied to SRCC — strikes, riots and civil commotion — are emerging as
Binance has completed the final tranche purchase of 4,545 BTC, officially concluding the full $1 billion transition of its SAFU stablecoin reserves into Bitcoin. The move cements a significant strategic shift in how the exchange structures its emergency insurance fund. The final acquisition closes a process that began with a public commitment to convert SAFU’s
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The meeting comes at a time when commission payouts have started to outpace premium growth, drawing the regulator’s attention. 2 Min Read Insurance CEOs will be meeting Insurance Regulatory Development Authority of India (IRDAI) Chairman on Tuesday (Februray 10) to discuss commission regulations, amid growing concerns over rising distribution costs and increased regulatory scrutiny, according
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Binance just turned its emergency insurance fund into a public, auditable pledge. And it reads like a crisis-repair letter in balance sheet form. The exchange announced Jan. 30 that it will convert SAFU’s roughly $1 billion stablecoin reserves into Bitcoin within 30 days, with an explicit promise: if BTC price movements push the fund below
TLDR FDIC takes control of Metropolitan Capital Bank after its closure in 2026. First Independence Bank will acquire $251 million in assets from the failed bank. The FDIC expects a $19.7 million cost to its Deposit Insurance Fund. Customers can access funds immediately and continue loan payments after the closure. 💥 Find the Next KnockoutStock!
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