LND topic: cfg-bank page 1

Senators from both parties and the White House have reached a tentative deal on a bill that would set rules for digital currencies. The focus is on how stablecoins—digital money tied to real dollars—can give people extra earnings without hurting traditional banks. The agreement could finally move th

Stablecoin Deal May Push Crypto Bill Forward

Senators Tillis and Alsobrooks have reached a key agreement on how stablecoins can earn rewards. The deal could clear a major hurdle in the Digital Asset Market Clarity Act. Banks worry that rewards on stablecoins resemble interest on deposits. If the bill blocks these rewards, it might hur

finance

City’s Budget Surprises Council with Smaller Deficit

The city ended 2025 with a deficit far below the $9. 6 million that had been forecast, according to the interim finance director who stepped into the role two weeks ago. He told council that the shortfall will be about $3 million, a relief driven by higher revenues in key areas. Earned income and re

business

Money back after gym chain kept charging during shutdown

Thousands of former gym members in Massachusetts are getting refunds after being charged during a lockdown. Courts said the chain’s CEO broke rules by billing people in April 2020, even though all locations were closed. Customers tried canceling in every way possible—calls, emails, messages—but the

Digital Money Is Now a Must‑Have for Finance Companies

Financial leaders around the world are saying that offering digital money solutions is no longer optional. In a recent survey of more than 1, 000 firms—including banks, asset managers, fintechs and corporates—72 percent agreed that businesses must provide digital asset services to stay competitive. ...

Crypto‑Backed Stock Buyback: A New Way to Move Money

A company that keeps a big pile of Solana crypto on its balance sheet has just bought back more than six million shares of its own stock. The deal was paid for with a $40 million loan that the firm took from a crypto‑focused financial group. The money borrowed was secured by the company’s Solana hol

DeFi Vaults Lose $380M as OKX Campaign Wraps Up

Gauntlet, a top player in decentralized finance risk tools, saw its total assets drop from $1. 72 billion to about $1. 33 billion in a week, losing roughly $380 million. The fall began after OKX finished its pre‑deposit drive on the Katana chain, a move that usually spikes deposits before pulling ba

Access to $APTM Made Easy with Alchemy Pay

Alchemy Pay, a leading gateway that links everyday money to crypto, has teamed up with Apertum, a new Layer‑1 blockchain on Avalanche. The partnership lets people buy the $APTM token with simple payment methods like Visa, Apple Pay, or local bank transfers. Now users can get into the Apertum ecosyst

business

Rebooting Denim: How One Brand Turned Back the Clock

True Religion’s comeback began when its new CEO, Michael Buckley, took the helm in 2019 after the company was emerging from bankruptcy. He saw that the old ways—selling pricey jeans in luxury department stores and targeting high‑income shoppers—were no longer working. The brand’s sales had stalled,

environment

New Faces on Old Lands: How Kindness and Climate Shape Community Acceptance