European Central Bank Executive Board member Isabel Schnabel has urged central banks to embrace blockchain technology, arguing that they need to move “on-chain” to remain at the centre of the rapidly changing financial system. Speaking at the Jackson Hole Economic Policy Symposium on August 28, Schnabel said central banks should bring central bank money into…
Strive has added another 1,800 Bitcoin to its corporate treasury in a purchase worth approximately $143 million, pushing its total Bitcoin holdings to 23,156 BTC. The latest purchase was made between August 24 and August 28, with Strive paying an average of approximately $79,431 per Bitcoin, including fees and expenses. The latest acquisition is part…
Japan’s Financial Services Agency (FSA) is proposing to remove certain tax filing requirements for trust-based stablecoins as part of the country’s fiscal 2027 tax reform plans. The proposal is aimed at making it easier for these digital assets to function as everyday payment instruments, particularly as stablecoin adoption grows in Japan. Under Japan’s current rules,…
Bank of England Governor Andrew Bailey has warned that increasingly powerful artificial intelligence models could significantly increase cyber risks and threaten the stability of the global financial system. Bailey, who also chairs the Financial Stability Board (FSB), raised the warning in a letter to G20 finance ministers and central bank governors ahead of their meeting…
Senegal has made a major breakthrough in the fight against sickle cell disease, becoming the first African country to locally manufacture a generic treatment for the condition. The medicine, branded DREPAF, is a generic version of hydroxyurea, a widely used treatment that can help reduce painful crises, hospitalisations and the need for blood transfusions among…
The Federal Government has ordered an investigation into up to 100 megawatts of electricity that cannot currently be accounted for along the 132kV Ikorodu–Sagamu transmission corridor, with the losses estimated to cost Nigeria’s electricity market about ₦120 billion annually. The directive was issued by the Minister of Power, Joseph Tegbe, during a high-level meeting with…
Webull is expanding its cryptocurrency trading services into Canada, teaming up with Coinbase to provide the technology and infrastructure behind the offering. Under the partnership, Webull Canada will use Coinbase’s Crypto-as-a-Service platform, with Coinbase providing core services including crypto trading, liquidity and institutional-grade custody. This allows Canadian customers to access digital assets through Webull’s platform…
U.S. President Donald Trump has announced new agreements with nine pharmaceutical companies aimed at reducing the cost of prescription medicines for Americans. The deals, announced Monday, expand the Trump administration’s “Most Favored Nation” (MFN) pricing strategy, which seeks to bring U.S. drug prices closer to the lowest prices paid in other developed countries. The companies…
Novak Djokovic’s bid for a record 25th Grand Slam title has come to an abrupt end after the 24-time major champion suffered a stunning first-round defeat at the 2026 US Open. The 39-year-old Serbian was beaten by Argentina’s Mariano Navone in a gruelling five-set battle, losing 7-6(5), 5-7, 4-6, 6-2, 6-1 in a match that…
Lionel Messi has officially retired from international football, bringing the curtain down on one of the greatest careers in the history of the Argentina national team. The 39-year-old announced his decision on Monday, August 31, 2026, through an emotional message shared on social media. Messi said the decision was painful, but after reflecting on his…
