finance
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Bain & Company says the AI industry may need to generate roughly $6 trillion in annual revenue by 2031 to support the infrastructure now being built for AI. That does not mean Bain is saying today’s spending is automatically wasteful. Its 2026 Global Technology Report argues that the buildout can work economically—but only if AI…
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Banking regulators in the United States and Europe are increasing scrutiny of how financial institutions use advanced and agentic artificial intelligence, focusing on cybersecurity, outside technology providers and whether increasingly autonomous systems can be controlled when something goes wrong. Reuters reported October 13, citing six people familiar with the matter, that U.S. regulators including the…
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BitcoinVersus.Tech reported in April 2025 that Nasdaq planned to move toward nearly round-the-clock stock trading in 2026. That plan now has a launch date. Nasdaq says its new overnight session will begin on December 6, 2026, running from 9 p.m. to 4 a.m. ET. Combined with existing pre-market, regular and after-hours sessions, that will create…
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Standard Chartered has launched institutional custody for Ripple USD, or RLUSD, on the XRP Ledger through its Dubai International Financial Centre branch, giving eligible institutional clients a bank-operated place to hold the dollar-pegged stablecoin. The bank said on October 12 that the custody service is now live through its DFSA-regulated DIFC branch. The announcement is…
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