Urged on by the White House and a reduction in regulatory oversight, crypto companies and automakers are among those that have applied for banking charters.
Business
·
Crypto Firms and Automakers Are Looking to Open Banks, at Trump’s Urging
CN
CitrixNews Staff
Originally reported by New York Times. Read the full story at the original source.
Related Articles
Business
China’s tourists flock to experience a pretend typhoon as ‘dark tourism’ flourishes
The concept of ‘paying to suffer’ soars in popularity, with simulated disasters proving a modern twist on visiting sites...
CitrixNews Staff
·
3 hours ago
Business
Netflix Hurries to Rewrite Its Narrative With Layoffs and a Sudden Firing
Despite strong revenues and profits, the streaming service cut 1,000 jobs and jettisoned its chief content officer. Drop...
CitrixNews Staff
·
4 hours ago
Business
M.L.B. Playoff Ads With Sydney Sweeney and Megan Fox Draw Backlash
Commercials with Sydney Sweeney promoting a gambling platform and Megan Fox endorsing male enhancement have rankled fans...
CitrixNews Staff
·
4 hours ago
Business
U.S. Budget Deficit Nears $2 Trillion, a Reality Check for Trump’s Cost Cutting
Higher interest rates are inflating borrowing costs as the Trump administration spends on the Iran war and tariff refund...
CitrixNews Staff
·
8 hours ago