INTEL: US pays $81B in tariff refunds after the Supreme Court struck down Trump’s emergency tariff program
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INTEL: Japan’s largest payment network JCB partners with Circle to explore USDC for cross-border payments, treasury transfers and merchant transactions
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INTEL: US inflation falls to 3.5%, lower than expectations
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Warsh says the Fed has “no tolerance” for persistently high inflation and that underlying inflation is determined by monetary policy
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INTEL: Warren Buffett plans to give away his remaining Berkshire Hathaway stake by 2034, with future donations going to four family foundations and none to the Gates Foundation
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INTEL: Warsh says the Fed should not be in the bailout business and should avoid rescuing any sector, including crypto
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INTEL: Trump says the Strait of Hormuz is open to all shipping except Iran, with a full blockade on Iran-linked cargo and the proposed 20% security fee replaced by Gulf trade and investment deals
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INTEL: Stripe and Advent have offered $53B to acquire PayPal at $60.50 per share, a 28% premium, with PayPal’s board yet to respond | per Reuters
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INTEL: US Treasury freezes more than $130M in crypto held in wallets linked to Iran’s central bank
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INTEL: DTCC begins production tokenization of Microsoft, SPY, QQQ and US Treasurys for Wall Street firms, ahead of a wider October launch
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INTEL: Ondo launches the first tokenized US stocks backed directly by securities held at DTCC, starting with BlackRock’s IVV ETF and Micron shares
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