ECB President Christine Lagarde to step down in February 2027
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Lagarde says euro-area economy is resilient, digital euro imminent
“The digital euro will further stimulate innovation and competition in retail payments,” according to the ECB president.
Sweden revisits digital krona as ECB advances digital euro plans
Sweden’s Riksbank has recommended that lawmakers prepare for a possible digital krona, citing concerns over foreign-currency stablecoins and the future of domestic payments.
Trump-backed WLFI plans USD1 payments for online businesses
World Liberty Financial outlined plans to bring USD1 to major online platforms as Mesh announced a payments partnership scheduled to roll out this quarter.
EU investors rank crypto above retirement plans for lasting wealth creation: OKX survey
European investors ranked crypto above retirement plans for lasting wealth creation, while prior surveys show US investors are skeptical on crypto’s role in retirement accounts.
OpenAI Plans to Buy Google's AI Chips as It Looks Beyond Nvidia: Report
OpenAI, one of Nvidia's biggest customers, reportedly plans to buy Google's TPU chips. Neither company has confirmed the report, and the price and size of the order were not disclosed.
Chinese Startup StepFun Launches a Phone Built Around an AI Agent, Not Apps
StepFun's STEPX Neo opened for pre-orders in China on Oct. 13 at 3,999 yuan, with an AI agent built into the operating system instead of bolted on as an app.