The crypto company made the acquisition to expand its institutional platform after it received approval from the OCC for a national trust bank charter.
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JPMorganChase, Goldman Sachs, Citi, Morgan Stanley, Wells Fargo and Bank of America are among the biggest backers of data centers. Community opposition isn't slowing them down, but it's making them rethink their approach to managing risks.
August 31
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Financial institutions were among 300-plus U.S. organizations robbed in a 2024 campaign.
August 28
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Five payment companies were named as defendants in a case that could set a precedent for both prediction markets and the financial firms working with them.
August 28
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The Climate First Bank founder and CEO is surprisingly not part of the anti-data center movement. But he does think the massive, energy-chewing facilities should be built and financed with more forethought.
August 27
