U.S. Senate Democrats asked Treasury, DOJ to probe Binance’s illicit finance controls

Democrats in the U.S. Senate continue to pile onto Binance, asking the Treasury and Justice departments to investigate its sanctions compliance and protections against illicit finance following reports of potential terrorism funding. Nine senators, including a few that have been instrumental in negotiations over the crypto industry legislation known as the Digital Asset Market Clarity…

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Ford EV reset: US carmaker scales back electric ambitions after Trump’s policy rollback; forecasts $19.5 bn write-down

Ford has redrawn its electric vehicle roadmap, announcing that it will pull back from large EVs as the US carmaker transitions towards hybrids, petrol-powered trucks and a new battery storage venture. The auto giant also predicted profits to take a hit of almost $19.5 billion in the next few years.The US automaker, on Monday, said…

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‘Believed shrine revamp harmed India’s image’: BJP cites letters by Nehru to accuse him of ‘hating’ Somnath temple deity | India News

NEW DELHI/ RAJKOT: Ahead of the launch of year-long “Somnath Swabhiman Parv” by PM Narendra Modi on Jan 11, BJP on Wednesday launched a fresh attack on Congress for its govt’s opposition to the reconstruction of the revered temple and flagged letters written by Jawaharlal Nehru to accuse him of “hating” the deity.BJP spokesperson Sudhanshu…

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ADB lending to India: ADB pledges $4.26 billion in 2025 sovereign lending; focus on jobs, energy transition and cities

The Asian Development Bank (ADB) committed $4.258 billion in sovereign lending to India in 2025, supporting projects across workforce skilling, renewable energy, urban infrastructure, metro and rail networks, healthcare services and ecotourism, the multilateral lender said on Friday, reported PTI.Of the 16 new projects committed during the year, nearly 32% were in the human and…

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MoneyGram Taps Fireblocks to Expand Stablecoin Use in Global Payments and Treasury Ops

MoneyGram has tapped Fireblocks to bring stablecoin-powered payments and real-time treasury tools to its global network, the firms said on Thursday. The payments company, which processes transfers across more than 200 countries, will use Fireblocks’ digital asset infrastructure to improve its internal operations and settlement flows. That includes enabling stablecoin transfers across multiple blockchains, streamlining…

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Tennessee Orders Kalshi, Polymarket, Crypto.com to Halt Sports Betting

Tennessee’s sports betting regulator has ordered prediction market platforms Kalshi, Polymarket and Crypto.com to halt the offering of sports event contracts to residents of the state. In cease-and-desist letters dated Friday, the Tennessee Sports Wagering Council (SWC) accused all three platforms of illegally offering sports wagering products without holding a license issued under the Tennessee…

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