Updated Aug 13, 2026
/NYC council opens probe into prediction market companies over marketing practices/CoreWeave gains 19%, Nebius surges 34% in post-earnings neocloud rally/Gold rallies in 2026 as tamer inflation and shifting Fed rate-hike odds draw buyers back/Curt Cignetti tops 2026 college football coach rankings, with Kirby Smart and Ryan Day close behind/Sunoco to pay $600 million for Offen Petroleum in latest fuel distribution deal/SpaceX shares rise on Grok momentum as company's AI revenue goals come into view/NYC council opens probe into prediction market companies over marketing practices/CoreWeave gains 19%, Nebius surges 34% in post-earnings neocloud rally/Gold rallies in 2026 as tamer inflation and shifting Fed rate-hike odds draw buyers back/Curt Cignetti tops 2026 college football coach rankings, with Kirby Smart and Ryan Day close behind/Sunoco to pay $600 million for Offen Petroleum in latest fuel distribution deal/SpaceX shares rise on Grok momentum as company's AI revenue goals come into view

JPMorgan Executives Warn Yield Stablecoins Risk Drifting Into Shadow Banking

JPMorgan executives have drawn a direct comparison between yield-bearing stablecoins and shadow banking, warning that stablecoin innovation risks crossing into lightly regulated financial territory if issuers are permitted to pass yield…

By Sofia Almeida2 min read
Share