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baiduri bank

Crypto Rules: Senate Takes Extra Time to Get It Right

January 13, 2026

The Senate Agriculture Committee has decided to postpone the review of a crucial crypto bill until late January. They want to make sure they have enough backing before moving forward. Chairman John Boozman mentioned that they've made good progress but need more time to finalize details and secure wi

crypto

Crypto's New Player: KRAKacquisition Aims High

January 13, 2026

KRAKacquisition Corp. , a fresh face in the world of special purpose acquisition companies (SPACs), is making waves with a bold plan. This new venture, backed by an affiliate of the popular crypto exchange Kraken, is setting its sights on a $250 million public offering. The company, registered in th

crypto

Crypto Gets a New Rulebook: What's in Store?

January 13, 2026

The crypto world is buzzing with a new proposal from U. S. senators that could shake things up. This draft law aims to set clear rules for digital currencies, which could make it easier for people to use and invest in them. One big change is deciding when a crypto token is a security or a commodity

business

Atome's Big Move: $345 Million Boost for Southeast Asia

January 13, 2026

Atome, a digital finance company based in Singapore, just scored a huge deal. They've secured a massive $345 million debt facility. This is a big jump from the $200 million they had before. The goal? To grow their services across Southeast Asia. This isn't just about more money. It's about expandin

finance

Bitcoin-Backed Loans: A Risky Bet for Big Investors?

January 13, 2026

Big investors are eyeing Bitcoin-backed loans, but Fitch Ratings, a major credit rating agency, has a warning: these loans are risky business. Why? Because Bitcoin's price swings wildly, and that volatility can quickly turn these loans sour. Fitch pointed out that these loans are often backed by Bi

politics

Making Art More Accessible: A New Leader Steps Up

January 13, 2026

New York City's Mayor Zohran Mamdani is on a mission. He wants to make sure everyone can enjoy and create art without breaking the bank. Just a couple of weeks into his role, he's already shaking things up. His latest move? Putting Rafael Espinal in charge of the Mayor's Office of Media and Entertai

finance

Ghana's Big Move to Fix Its Energy Money Problems

January 13, 2026

Ghana just took a huge step to clean up its energy money mess. In 2025, the country paid off $1. 47 billion in old energy debts. This big payment fixed a big problem with the World Bank and also paid back money owed to power companies. Ghana has been having a tough time with energy for a while. The

finance

Finland's Big Move: 2 Billion NOK Notes Hit the Market

January 13, 2026

In a significant financial move, Municipality Finance Plc is set to issue notes worth NOK 2 billion on January 13, 2026. These notes will mature on July 14, 2031, and come with a fixed interest rate of 4. 125% per year. This issuance is part of MuniFin’s extensive EUR 50 billion program for debt ins

politics

When Leaders Attack: The Fed's Fight for Independence

January 13, 2026

The Trump administration recently made a bold move against Jerome Powell, the head of the Federal Reserve. They started a questionable investigation into Powell's finances. This is unusual because the Fed is supposed to be independent. Powell, who is usually calm, spoke out. He said the investigatio

finance

Supreme Court Says Citigroup Can Face Fraud Lawsuit

January 13, 2026

The U. S. Supreme Court made a big decision on Monday. They refused to hear Citigroup's request to avoid a lawsuit. This lawsuit claims the bank caused over $1 billion in losses. The case is about a huge fraud at a Mexican oil company called Oceanografia. The court's decision means the lawsuit can