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Trump Family Crypto Company Looks to Sell Payments Firm
A payments company owned by Trump family cryptocurrency firm World Liberty Financial is up for sale, The Wall Street Journal reported Wednesday (July 8). AI Financial is in discussions to sell its core business to blockchain technology company Perpetuals.com, according to the report, which cited a corporate filing. Perpetuals announced Tuesday (July 7) that it…
Middle East’s best Islamic bank for ESG 2026: ADIB
Abu Dhabi Islamic Bank (ADIB) has built a comprehensive environmental, social and governance (ESG) framework in Middle Eastern Islamic banking: a Shariah-compliant sustainable finance programme that is publicly committed, formally governed and increasingly embedded across its business lines. The headline commitment is AED60 billion in sustainable finance by 2030. By the end of 2025, ADIB…
Oil and Yields Starting Out Slightly Lower
Bonds are starting the day just a hair stronger versus yesterday’s close and there are three ways to look at it. At the most basic level, the move is so small that it doesn’t deserve any explanation (i.e. we’re close enough to unchanged to say “nothing new is happening”). But given the recent resurgence of…
US AI Safety Chief Chris Fall Resigns After 3 Months
A Commerce Department spokesperson confirmed Fall’s resignation without disclosing the reason, according to the report. CAISI is part of the Commerce Department. The director of the National Institute of Standards and Technology (NIST), Arvind Raman, will serve as acting director of CAISI while continuing to oversee NIST, the report said, citing the spokesperson. The report said that when…
The new crypto tax rules investors need to prepare for now
Crypto investors are being urged to ensure they have reported any capital gains to HMRC or face fines worth hundreds of pounds amid new transparency rules being introduced next year. Financial Conduct Authority (FCA) data suggests around 8% of UK adults, roughly 4.5 million people, now hold cryptocurrency such as Bitcoin. But commentators warn that…
How pension reforms could help you boost your pot by thousands
Workers could boost their retirement pots by thousands of pounds under major government reforms. The Department for Work and Pensions (DWP) has laid out its workplace pensions roadmap for the next three years, aimed at bettering outcomes for savers. The government estimates that, on current trends, those retiring in 2050 will have lower private pension…