Fed Chairman Kevin Warsh's shift to less transparent communication is prompting financial firms, including F/m Investments with its "WarshGPT" AI tool, to adapt investment strategies to predict monetary policy, creating market uncertainty and new opportunities.
The UK government has designated Microsoft, Google, Amazon, and Oracle as "critical third parties" to oversee their cloud services, enhancing financial system stability. The regulation, effective July 13, targets major cloud providers due to increasing financial sector reliance on their services.
Hong Kong's assets under management reached a record HK$42.2 trillion (US$5.38 trillion) in 2025, a 20% increase driven by global investor confidence and market innovation. Net fund inflows soared 193% to over HK$2 trillion, highlighting the city's growing strength as a wealth hub.
Trace Finance, a stablecoin settlement infrastructure company, has raised $32 million in a Series A funding round led by CoinFund. The funds will be used to expand its cross-border payment services across Latin America, the US, and Asia-Pacific markets.
NEC announced on June 11th a new initiative with US-based Anthropic and eight financial institutions to explore and co-create new value using AI. The collaboration will initially focus on the financial industry to promote the reliable use and implementation of AI, aiming to realize an AI co-creation society.
The CFTC is investigating three financial firms for potential insider trading after they made well-timed oil futures trades before President Trump's announcements related to the Iran conflict, netting over $15 million combined.
Solana has launched the Solana Research Institute (SRI), a Swiss-based research body founded by former Euroclear executive Angus Scott, designed to help financial institutions navigate evolving crypto regulations like Europe's MiCA and the US GENIUS Act. The initiative includes a 60-page report for senior practitioners and contributions from the Solana Foundation, Jito, R3, and Figment. The launch follows Solana's 2025 Policy Institute in Washington and targets firms assessing operational and risk considerations for public blockchain adoption.
