The IMF has noted that stablecoins, especially those pegged to the U.S. dollar, have become an important channel for cross-border payments in Nigeria. This development is testing the country's monetary and regulatory frameworks, as these digital tokens reduce payment friction and offer new financial pathways. The IMF's observation signals the need for Nigeria to adapt its policies to effectively manage the growing influence of stablecoins in its financial system.
Two student entrepreneurs, Brandon Garcia and Abiha Haider, won the NFTE New York Metro Youth Entrepreneurship Showcase and will advance to the U.S. National Youth Entrepreneurship Showcase in New York City this fall. Brandon's business, ProspectPath...
Teamshares Inc. finalized its business combination with Live Oak Acquisition Corp. V after shareholder approval on June 16, 2026. The deal included a $126.5 million capital raise through a PIPE investment from institutional investors and Teamshares m...
Hengdian World Studios saw a major spike in visitors after the Chinese drama Pursuit of Jade, filmed mostly at the studio, topped international streaming charts and search volumes in 15 countries. During the May holiday, over 80,000 tourists visited ...
The global sputtering equipment market is projected to grow from USD 2.41 billion in 2025 to USD 4.19 billion by 2035, at a CAGR of 5.83%. Growth is fueled by rising demand for high-performance semiconductors, flat panel displays, and photovoltaic so...
Charles Schwab reported record Q1 results with 16% revenue growth, 38% EPS growth, and a 51.4% pre-tax margin, driven by exceptional asset gathering totaling $49.9 billion in net new assets in May. Total client assets reached $13.1 trillion, supporti...
