Mapfre's $1.54bn All-Cash Bid for Safety Insurance Reshapes US Northeast Market
Spanish insurer Mapfre agrees to acquire Safety Insurance Group for $1.54bn in cash, cementing its dominance across the US Northeast property and casualty market.…
Long-form coverage of cards, IBANs, payment rails, regulation and the technology that moves money — in seven languages, written by working operators.
Spanish insurer Mapfre agrees to acquire Safety Insurance Group for $1.54bn in cash, cementing its dominance across the US Northeast property and casualty market.…
The Supreme Court ruled 6-3 against Trump's IEEPA tariffs, but the administration swiftly launched 10-12.5% levies on 60 economies under Section 301.…
US lawmakers want to give Homeland Security sweeping power to throttle or shut down frontier AI systems — with fines up to $20 million a day for defiance.…
The OCC denied Wise's US banking charter application over AML/CFT concerns, but the UK fintech plans to resubmit under the new GENIUS Act framework.…
The OCC denied Wise's US bank charter application over AML/CFT concerns, but the UK payments firm is expected to resubmit under the new GENIUS Act framework.…
Dango is winding down its decentralized exchange and proprietary blockchain, citing no viable path to commercial success — just months after launching perpetual futures trading.…
Dango's perpetual DEX will close on Aug. 13, less than four months after launch, joining BitMEX, Odos, and Satori Finance in a growing wave of crypto shutdowns.…
Charles Schwab has urged the US Senate to pass the Crypto Clarity Act, which was subsequently signed into law in 2026 with 35.5% in favour.…
Hong Kong Exchanges and Clearing has lowered WVR thresholds and expanded confidential filings, signalling an aggressive push to attract global IPOs.…
The US Treasury is freezing up to $500M in Iranian-linked crypto assets while Washington simultaneously weighs special operations to seize Iranian uranium stockpiles.…
Pyongyang has arrested former state cyber operators who turned their state-trained skills against domestic banks, laundering stolen funds through crypto wallets.…
North Korea has arrested former state cyber operators accused of hacking two domestic state banks and laundering the stolen funds through cryptocurrency, according to Daily NK.…