U.S. banks are pushing to delay landmark stablecoin legislation, even as crypto firms like Agora advance their efforts to obtain banking charters. The opposing moves highlight diverging interests within the financial sector over the regulatory framework for

Geopolitical supply disruptions and synchronized central bank hawkishness are sustaining elevated energy prices and inflation pressures across global markets. WTI crude oil remains firmly above the $100 threshold at approximately $101.45, driven by ongoing US naval blockade of Iranian ports and

According to Bloomberg, Cambricon Technologies' first-quarter revenue rose to 2.9 billion yuan ($421 million) from 1.1 billion yuan ($162 million) a year earlier, while net income increased to 1 billion yuan ($148 million) from 356 million yuan ($52.1 million). The Chinese AI chipmaker is

Gate News message, April 29 — Thomas Hulick, CEO of Strategy Asset Managers, said energy prices have become the key variable in the Federal Reserve's policy trajectory as markets widely expect Fed Chair Jerome Powell and the Federal Open Market Committee to hold interest rates steady. Futures market

Gate News message, April 29 — After the housing bill stalled, House Republicans are turning to the Foreign Intelligence Surveillance Act (FISA) as a potential legislative vehicle to push a permanent ban on central bank digital currencies (CBDCs), according to crypto journalist Eleanor

Gate News message, April 29 — Bitcoin mining hardware manufacturer Canaan (Nasdaq: CAN) announced on Tuesday (April 28) a new order from Tether for customized bitcoin mining equipment designed for immersion-cooling systems, to be deployed at Tether's facilities in South America. The collaboration e

Gate News message, April 28 — Vice Admiral Thomas Daum, Germany's highest-ranking officer in cyber and information space, has ruled out deploying Palantir software in Germany's flagship military cloud project, citing concerns over data sovereignty and the US firm's operational model. Germany's

Gate News message, April 28 — The European Union has rolled out its most extensive sanctions package in two years, targeting Russia's financial system and cryptocurrency infrastructure to close off alternative transaction routes used to bypass existing restrictions. Key measures include a total

Gate News message, April 28 — Ineffable Intelligence, a London-based AI startup founded in late 2025 by former Google DeepMind researcher David Silver, announced on April 27 that it raised $1.1 billion in seed funding to develop superintelligence using reinforcement learning. The round values the c

Gate News message, April 27 — Western Union announced on April 24 during its first-quarter earnings call that its Solana-based stablecoin USDPT is in final preparation stages and will launch next month. CEO Devin McGranahan stated that USDPT will serve as an alternative to the SWIFT network for