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WASHINGTON—The Office of the Comptroller of the Currency (OCC) today issued a proposed rulemaking to implement the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act. The notice of proposed rulemaking generally sets forth, and seeks comment on, the regulations that would apply to permitted payment stablecoin issuers and foreign payment stablecoin issuers under the OCC’s jurisdiction as well as certain custody activities conducted by OCC-supervised entities. “The OCC has given thoughtful consideration to a proposed regulatory framework in which the stablecoin industry can flourish in a safe and sound manner,” said Comptroller of the Currency Jonathan V. Gould.…

The US Strategic Bitcoin Reserve could lose nearly 30% of its holdings in a single legal move, even if the government does not sell a single coin.Last year, President Donald Trump signed an executive order creating a Strategic Bitcoin Reserve. The order directed the Treasury Department to consolidate government-held BTC into a reserve account and promised that the United States would not sell those coins.Yet, the headline number for the reserve may be overstating how much BTC the government can actually treat as a permanent strategic asset.Data from Bitcoin Treasuries estimates that the US government controls about 328,372 BTC. This…

saw its shares tumble sharply on Wednesday, February 25, 2026, despite announcing a $175 million strategic equity investment led by global institutional investors. The stock fell approximately 16% during morning trading, dropping from a previous close of $18.90 to around $15.80, as investors reacted negatively to the dilutive nature of the equity raise. The selloff came even as the broader market posted modest gains, with the S&P 500 rising 0.48% and the Nasdaq climbing 0.94% on the same day. The $175M Investment: What It Means for Intuitive Machines Intuitive Machines announced it has entered into a definitive securities purchase agreement…

Nvidia CEO Jensen Huang delivers a keynote address at the Consumer Electronics Show in Las Vegas, Nevada, on Jan. 6, 2025.Patrick T. Fallon | Afp | Getty ImagesNvidia CEO Jensen Huang said Wednesday markets have miscalculated the AI threat to software companies in an interview hours after the chip behemoth issued an upbeat sales forecast on strong AI demand. “I think the markets got it wrong,” Huang said, pushing back on fears that AI agents will cannibalize the enterprise software industry.Instead, he expects a broad swath of software firms to use agentic AI to develop their software and boost efficiency,…

A private credit fund jointly managed by Future Standard and KKR & Co. cut its dividend to 48 cents a share from 70 cents after earnings fell amid declining interest rates and losses tied to struggling investments.

Bank of Korea introduces new forward guidance mirroring Fed’s dot plot

Nutanix, which makes hyperconverged infrastructure including storage offerings, is partnering with AMD and betting that AI customers want flexible ecosystems.

Check out what’s clicking on FoxBusiness.com. Fanatics Fest isn’t just returning for its third year in New York City with an extra day added to its festivities. It’s bringing back the Fanatics Games with an even bigger prize pool. During last year’s sports fan festival at the Javits Center in Manhattan, Fanatics Fest introduced the Fanatics Games, bringing together some of the world’s top athletes and everyday fans for a head-to-head competition with a chance to win a $1 million grand prize and other prizes like an exotic car and a rare trading card worth six figures.”What made Fanatics Games…

Check out the companies making headlines in after-hours trading. Nvidia — Nvidia reported strong earnings and revenue for the fiscal fourth-quarter , leading shares to add more than 1% in extended trading. Nvidia reported adjusted earnings of $1.62 per share, while analysts expected $1.53 per share, according to LSEG. The chipmaker’s revenue of $68.13 billion for the period also exceeded the $66.21 billion estimated, driven by significant growth in its core data center business. Snowflake — Shares of the software company slipped more than 2%. Snowflake said that its first-quarter product revenue would range between $1.262 billion and $1.267 billion,…

Wall Street firms are launching tokenized funds, stablecoins, and on-chain products, yet Bitwise’s CIO says that investors remain stuck in outdated crypto narratives. Bitwise’s Chief Investment Officer Matt Hougan believes there is a fundamental disconnect between perception and reality in the crypto market. He argued that investors often misinterpret what is truly happening because behavioral biases, particularly anchoring bias, distort their view. Anchoring bias, the tendency to fixate on the first piece of information encountered, shapes how people evaluate opportunities. This leads them to overweight initial impressions even when new evidence emerges. Hougan stated that this factor played a…