March, 2025

March, 2025

Tether Takes ‘Historic’ Step Towards Transparency With Full Audit and New CFO Appointee
The stablecoin issuer Tether has hired a new chief financial officer (CFO) and committed to completing a full audit. The veteran finance executive Simon McWilliams will now serve as CFO for Tether, wh...

Inside the Stream: Disney’s DIRECTV Dispute Highlights Its Reduced Customer Focus
Last weekend Disney blacked out all of its networks on DIRECTV as the carriage agreement between the two companies expired without a new one being reached. These types of disputes are common in the ...

Fed Beige Book Data Highlights Pressure on Consumer Spending
The word “uncertainty” appears in the Federal Reserve’s latest Beige Book 34 times. The report, which comes out eight times a year and offers qualitative insight on consumers and commercial busi...

White House Announces 1-Month Delay of Tariffs on Cars From Canada and Mexico
Cars from Canada and Mexico imported into the United States through the U.S.-Mexico-Canada Agreement (USMCA) will be exempted for one month from the tariffs imposed on the countries Tuesday (March 4)....

Reports: Congress to Vote on DOGE’s Suggested Spending Cuts
Congress will reportedly get more say in the federal spending cuts and layoffs being made by the Elon Musk-led Department of Government Efficiency (DOGE). Musk and Republican lawmakers are meeting twi...

Finastra and i2c Launch Payment Issuance Partnership for Banks and CUs
Financial services software provider Finastra has launched a collaboration with banking/payment solutions firm i2c. The partnership, announced Wednesday (March 5), is aimed at bringing payment issuanc...

Canada Won’t Lift Tariffs Until Trump Does the Same
Canada reportedly won’t lift its retaliatory tariffs on the U.S. if the U.S. leaves its levies in place. That’s according to a senior government official, who told Bloomberg News on Wednesday (Mar...

Amazon-Owned One Medical CEO Trent Green to Move to NRC Health
The CEO of Amazon-owned One Medical, Trent Green, will leave that position to become CEO of National Research Corporation, a publicly traded provider of healthcare solutions doing business as NRC Heal...

This Week in Crypto: A Flock of Black Swan Events
The cryptocurrency sector is in turmoil after a dramatic week. That, of course, is nothing new for crypto — but what is new is the reason for the turmoil: ongoing action from the seat of power in W...

Bank of England Weighs New Capital Thresholds for Smaller Lenders
The Bank of England is weighing an increase to its retail deposits leverage ratio threshold. Such a move, the central bank’s Prudential Regulation Authority (PRA) said Wednesday (March 5), would...

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March