7 articles
Severe internet shutdowns across Russia have triggered massive cash withdrawals by individuals and businesses. This financial strain highlights growing public anxiety over the economy and banking stability. The crisis underscores the impact of government policies on daily life and presents significant challenges to the current regime.
A major cryptocurrency bill, the Clarity Act, faces collapse in the U.S. due to intense disagreements between banks and crypto firms over market control and earning yield. Deep divisions threaten to derail the legislation, leaving the future of many digital assets uncertain.
Traditional banks are lobbying to ban yield on stablecoins, threatening their profit model. This move could push trillions into decentralized finance, as regulatory efforts face legal challenges in court.
Russians withdrew a record 1.6 trillion rubles in January 2026, signaling a deep distrust in the banking system amid economic woes. Frequent internet shutdowns and difficulties accessing funds are forcing citizens to hoard cash, straining financial institutions. This growing economic instability could have significant geopolitical repercussions.
Global conflicts and threats against banks are driving a search for alternative assets, increasing interest in cryptocurrencies and self-custody solutions. Meanwhile, the proposed Clarity Act in the U.S. faces significant hurdles amidst geopolitical distractions and strong opposition from the traditional banking industry.
Banks are set to benefit from a surge in lending opportunities driven by robust capital expenditure, according to senior portfolio manager Ayako Yoshioka. Despite market volatility, investors are adapting, and trends like reshoring are fueling economic growth. Yoshioka highlights software and services with strong competitive advantages as key investment areas.
Millions of dollars are unaccounted for after a dispute between fintech intermediary Synapse and Evolve Bank & Trust left customers of savings apps like Yada and Juno facing significant losses. Users report receiving only a fraction of their deposited funds, raising concerns about the safety of money held through fintech services and the adequacy of regulatory oversight.
