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Crypto
Citigroup to launch institutional bitcoin custody service this year
Citigroup will launch a bitcoin custody service for institutional clients this year, CoinDesk reported on Feb. 27. The initiative is part of a strategy to integrate digital assets into existing financial infrastructure. Nisha Surendran, head of product build for Citi digital assets custody, said the goal is to make bitcoin a bank asset, starting with institutional-grade key management and wallet infrastructure.
Crypto
PayPal launches PYUSDx to support app-specific stablecoins
PayPal has unveiled the PYUSDx platform to support developers in issuing app-specific stablecoins, Cointelegraph reported on Feb. 27. PayPal is launching PYUSDx in partnership with MoonPay and stablecoin platform M0. The platform allows developers to use PayPal USD-based stablecoins inside apps. USD.ai joined as the first developer. PYUSDx tokens operate separately from PayPal USD and cannot be used in PayPal or Venmo accounts.
Crypto
Barclays considers using blockchain for payments, deposits and other banking functions
Barclays is considering adopting blockchain technology to handle core banking functions such as payments and deposits, and to process digital assets including stablecoins, Cointelegraph reported, citing Bloomberg News. The bank is seeking technology cooperation to build a blockchain platform and has sent requests for information to multiple suppliers. It may choose a partner as early as April. The move is seen as part of a strategy to expand its presence in digital assets.
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Crypto
Japan's yen moves onto blockchain as major financiers, regulators step up stablecoin push
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Crypto
Figure shares plunge 20 percent after fourth-quarter results
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Crypto
Alchemy introduces automated payment system targeting AI agents
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AI & Enterprise
Trump orders federal agencies to stop using Anthropic AI
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AI & Enterprise
OpenAI secures $110 billion investment, expands alliance with AWS
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AI & Enterprise
Nvidia growth misses expectations, AI chip competition weighs on shares
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AI & Enterprise
Generative AI music startup Suno hits $300 million ARR, paid subscribers top 2 million
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AI & Enterprise
ChatGPT weekly users top 900 million, nearing 1 billion
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Industry
Coupang posts record sales but operating profit plunges as customer boycott takes hold
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Crypto
Bitcoin 10 a.m. plunge? Jane Street manipulation claims disputed
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Games & Commerce
Netmarble union says affiliate Jampot standby orders amount to forced resignations
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Finance
Three online banks lift mid-to-low credit loan share into 30 percent range
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Telecommunications & Media
KT wins iF Design Award 2026 for branding and UI categories
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Finance
Foreigners dump record 7.1 trillion won in a day, sell 24.2 trillion in a month
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Finance
BNK Financial steps up governance reform talks to reflect regulator TF outcome in articles