Market News Today — AI-Curated Stock & Crypto Headlines

Coinbase is encountering significant opposition from traditional banking advocates regarding its pursuit of a trust bank charter, with calls for regulatory dismissal of its licensing effort.

Banco Inter and Chainlink have successfully conducted a pilot for real-time CBDC trade settlement between Brazil and Hong Kong, utilizing Chainlink's infrastructure.

Thai Union Pcl has revised its sales growth outlook downward due to ongoing challenges from US tariffs and currency volatility.

Taiwan's central bank is under pressure as the Taiwanese dollar strengthens, limiting its ability to intervene without risking a designation as a 'currency manipulator' by the US.

Goldman Sachs CEO David Solomon expressed confidence in the US dollar's status as the world's reserve currency, indicating that he sees no imminent threats to its dominance.

The European Central Bank's push for a Central Bank Digital Currency (CBDC) launch by 2029 signals a significant step towards digital currency adoption in Europe, potentially enhancing financial efficiency and inclusion.

China's decision to settle a significant portion of its iron ore trades in Yuan marks a pivotal shift away from the U.S.

The concept of the 'debasement trade' is gaining traction, suggesting that more investors are turning to Bitcoin as a hedge against currency devaluation.

The Philippine peso is expected to recover from its recent lows due to the anticipated influx of holiday remittances from overseas Filipinos.

The yen strengthened against its G-10 counterparts following positive comments from Japanese officials and a successful meeting between US and Japanese leaders.

Keurig Dr Pepper's shares surged due to revised sales growth expectations and a $7 billion funding deal, while Carter's shares fell after missing sales estimates and announcing job cuts and store closures.

ClearBank's partnership with Circle to join the Circle Payments Network positions it as a pioneering EU bank in the digital currency space.