Matter Labs’ Vassilis Tziokas writes that the Clarity Act has been pushed back to September. Each month without settled rules quietly benefits the walled garden, while banks continue building anyway.
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CoinDeskOriginal★★☆☆☆2026-08-28 13:00
Sberbank chief economist Alexander Isakov told Reuters that Russia’s central bank will keep cutting its key rate, taking it from 14% to 13.5% by year-end, despite Ukrainian attacks on economic targets.
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ReutersOriginal★★★☆☆2026-08-28 12:30
Sberbank chief economist Alexander Isakov told Reuters that Russia’s central bank will keep cutting its key rate, bringing it down from 14% to 13.5% by year-end despite Ukrainian attacks on economic targets.
Cryptocurrency platform Bullish is extending USD.AI a $100 million debt facility to finance GPU-backed loans supporting artificial intelligence infrastructure.
CCoinDeskOriginal★★☆☆☆2026-08-28 11:03
The share of Visa and Mastercard cards among Sberbank customers is falling every quarter, Deputy Chairman and CFO Taras Skvortsov said. He expects the cards to be gradually phased out as they wear out, leaving Russians with virtually none within several years.
T
TASSOriginal★★★☆☆2026-08-28 10:46
State Duma Financial Market Committee Chairman Anatoly Aksakov said Russia’s banking resilience should be judged by financial performance and the ability to adapt payment infrastructure, not by the number of institutions under sanctions. The sector posted record first-half profits, though the market is becoming more polarized and smaller banks face greater funding and income pressures.
TTASSOriginal★★★☆☆2026-08-28 10:39
Bank of China (Hong Kong) reported a 7.1% year-on-year rise in first-half net profit to HK$23.74 billion. Lower impairment charges and a wider net interest margin offset continued pressure on lending margins from falling Hong Kong interbank rates.
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South China Morning PostOriginal★★☆☆☆2026-08-28 10:36
After reaching a deal with Shinhan Financial, global payments giant Visa is expanding its presence in Asia’s major crypto hub through Dunamu, the operator of South Korea’s largest exchange, Upbit, to pursue stablecoin payments.
CCoinDeskOriginal★★☆☆☆2026-08-28 10:21
Unipol Chairman Carlo Cimbri said Banca Monte dei Paschi di Siena’s headquarters would stay in the Tuscan city if Intesa Sanpaolo’s takeover succeeds.
RReutersOriginal★★☆☆☆2026-08-28 08:35
China’s Cross-border Interbank Payment System now serves 192 countries and regions, the People’s Bank of China says. By the end of June 2026, it had 210 direct and 1,619 indirect participants, with access through more than 5,200 banking institutions. China also plans longer high-value payment-system hours and broader fast-payment and cross-border QR-code interoperability.
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China News ServiceOriginal★★★☆☆2026-08-28 08:23
Cash holdings in Russia’s economy continue to rise, while a structural liquidity deficit is emerging in the banking sector, Sberbank CFO Taras Skvortsov said. He expects about 4.2 trillion rubles in liquidity to shift into cash by the end of 2026, but believes the financial market remains resilient enough for conditions to normalize.
TTASSOriginal★★★☆☆2026-08-28 07:20
China Life Insurance, the country’s largest life insurer, reported record first-half results and said it would increase investment in technology-related sectors while seeking long-term partnerships with innovative companies. Revenue rose 81.5 per cent year on year to 434.3 billion yuan, while net profit jumped more than 228 per cent to 134.5 billion yuan.
SSouth China Morning PostOriginal★★★☆☆2026-08-28 06:00
The SEC has cleared the paperwork for Evernorth’s merger with a shell company. The deal is set for a Sept. 30 shareholder vote, paving the way for a Nasdaq listing under the ticker XRPN if approved.
CCoinDeskOriginal★★☆☆☆2026-08-28 04:21
XRP treasury firm Evernorth said the S-4 registration statement tied to its merger with SPAC company Armada is now effective, clearing the way for its planned Nasdaq listing.
The Solicitors Regulation Authority is investigating Gunnercooke over work connected to mortgage provider MFS, which has collapsed.
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Financial TimesOriginal★★☆☆☆2026-08-28 04:00
Russians will be able to pay with digital rubles from September 1, when the law creating the new form of currency takes effect. Issued by the Bank of Russia, digital rubles will equal cash and bank-account rubles, operate through central-bank digital wallets, and be usable for payments and transfers. Transactions will not be anonymous, as the central bank and Rosfinmonitoring can access the data.
MMeduzaOriginal★★★☆☆2026-08-27 23:10
The UAE’s national security adviser is taking a major investment role in a banking venture linked to President Trump’s family and holds a 49% stake, the Wall Street Journal reported.
TThe BlockOriginal★★★☆☆2026-08-27 23:02
World Liberty’s proposed trust bank has received preliminary federal approval, according to the Wall Street Journal. The Trump-backed crypto venture is deepening its ties to a senior UAE official who backs taking a 49% stake in the project.
The little-known iron ore trader secured money, connections and credibility from blue-chip companies. Several of those firms are now tallying their losses as banks pursue fake invoices linked to the business.
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Bloomberg NewsOriginal★★☆☆☆2026-08-27 20:30
US bank regulators plan to narrow their enforcement focus to financial risks, as part of a broader deregulatory push under the Trump administration.
FFinancial TimesOriginal★★★☆☆2026-08-27 19:50
Visa and Mastercard processed their first international card transactions in Syria on Wednesday, marking a major step toward reconnecting the country to global payment networks days after Washington removed it from its state sponsors of terrorism list.
RReutersOriginal★★★★☆2026-08-27 18:15
US Solana ETFs recorded about $9.1 million in net inflows on Aug. 26, led by Morgan Stanley’s MSOL with roughly $5.5 million. The latest demand helped SOL reclaim $100 for the first time since February and reach about $105. Solana ETFs have drawn around $74.8 million this week, putting them on track for their strongest weekly performance of 2026.
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CryptoSlateOriginal★★☆☆☆2026-08-27 17:50
Bank of Russia data show that non-residents held 3.1% of Russia’s federal loan bonds (OFZ) as of August 1, 2026, up from 3% a month earlier but below 3.8% a year earlier. Their holdings had a nominal value of 1.011 trillion rubles, compared with a total market volume of 32.958 trillion rubles.
TTASSOriginal★★☆☆☆2026-08-27 16:45
Jackson Hole recently hosted both a blockchain symposium and the Kansas City Fed’s annual economic gathering. This year’s central-bank event places crypto and stablecoins alongside instant payments and other digital systems under the theme of financial innovation, highlighting the increasingly close overlap between the crypto industry, traditional finance and central-bank policy.
CCryptoSlateOriginal★★☆☆☆2026-08-27 15:50
The SEC’s rewrite of custody rules for investment advisers, funds and their crypto assets entered White House review on Aug. 25. OIRA lists it at the proposed-rule stage, but the draft language remains unpublished. The Unified Agenda sets October 2026 as the target for a notice of proposed rulemaking, with no legal deadline recorded.
CCryptoSlateOriginal★★★☆☆2026-08-27 12:30
Blockchain Association representative Summer Mersinger dismisses concerns that the Clarity Act’s stablecoin rewards language could harm community banks. Community banker Nate Franzén says the defense fails to address the disadvantage the measure could create for Main Street institutions.
CCoinDeskOriginal★★☆☆☆2026-08-27 12:30
A Barclays survey found that this year’s heat waves measurably affected UK businesses’ investment plans and consumers’ behavior.
BBloomberg NewsOriginal★★☆☆☆2026-08-27 10:30
A Dallas Fed analysis says AI-directed accounts could let customers move deposits rapidly between banks, weakening the stable funding that supports long-term lending. Greater deposit sensitivity could push banks toward wholesale funding or more liquid assets, raising borrowing costs for consumers and businesses. Tokenized deposits are still early, and the scale of the effect remains uncertain.
CCryptoSlateOriginal★★☆☆☆2026-08-27 05:00
British insurer Prudential said it will complete a US$300 million share buy-back by December after reporting an 8 per cent rise in first-half new business profit. Concerns that fewer mainland Chinese visitors may come to Hong Kong could test insurers’ performance in one of their largest markets.
SSouth China Morning PostOriginal★★☆☆☆2026-08-27 00:21
The SEC is bringing back a crypto custody proposal that the previous U.S. administration failed to put in place. In 2023, the regulator sought to narrowly limit where investment advisers could hold clients’ crypto assets, while the new approach remains secretive.
CCoinDeskOriginal★★☆☆☆2026-08-26 23:01
Banks are promoting tokenized deposits as a programmable, around-the-clock payment alternative to stablecoins. Falcon Finance’s Artem Tolkachev says the crucial difference is the balance sheet: tokenized deposits remain bank deposits that can support lending, while stablecoins may pull away funding and raise banks’ financing costs.
CCryptoSlateOriginal★★☆☆☆2026-08-26 16:40
In a letter to the CFTC, Hyperliquid Policy Center trade[XYZ] called for rules covering perpetual contracts tied to energy markets.
TThe BlockOriginal★★☆☆☆2026-08-26 16:06
![Hyperliquid Policy Center, trade[XYZ] urges CFTC to create path for US oil perpetuals](https://www.tbstat.com/wp/uploads/2020/06/20200630_CFTC-Daily-1200x675.jpg)
Shinhan Financial Group will use Visa’s platform to test stablecoin issuance, remittances and redemption in South Korea, while developing new AI-powered payment models.
CCoinDeskOriginal★★☆☆☆2026-08-26 15:15
South Korea’s Shinhan will use Visa’s stablecoin platform for initiatives focused on “future finance.” The two companies will also test stablecoins in card payments, AI-based future payment models, and B2B and B2C payment businesses.
The SEC has sent a proposal to change rules governing how investment advisers hold digital assets to the White House for review this week.
TThe BlockOriginal★★★☆☆2026-08-26 14:55
The available evidence does not support the banks’ case against rewards offered on stablecoins.
CCoinDeskOriginal★★☆☆☆2026-08-26 13:00
The Dallas Fed warns that tokenized deposits could reduce U.S. banks’ lending capacity by $700 billion. Programmable deposits and AI agents may let customers switch banks instantly and automatically for higher yields, increasing banks’ funding costs.
CCoinDeskOriginal★★☆☆☆2026-08-26 11:46
France’s BNP Paribas and South Korea’s KB Kookmin Bank are separately discussing the purchase of at least 15% of Vietnam’s Techcombank as strategic investors, in a deal that could be worth $2 billion, according to two sources.
RReutersOriginal★★☆☆☆2026-08-26 07:45
The American Bankers Association is urging US regulators to require people who buy or redeem payment stablecoins directly with an issuer to open an account and complete customer identification. The Blockchain Association supports checks for direct account customers but says one-off redemptions or intermediary-routed transactions should not automatically create an issuer relationship.
CCryptoSlateOriginal★★☆☆☆2026-08-26 07:00
Australia’s consumer prices rose 3.5% in the year to July, easing from 3.8% but exceeding economists’ 3.3% forecast. Underlying inflation remained at 3.6%, increasing expectations that the Reserve Bank may raise rates again this year, possibly as early as September, after holding the cash rate at 4.35%.
TThe GuardianOriginal★★★☆☆2026-08-26 06:44
Germany’s top financial regulator has questioned a regional bank about financing one of Europe’s largest brothels, according to a person with direct knowledge of the matter.
RReutersOriginal★★☆☆☆2026-08-26 05:10
Kalshi has raised $1.12 billion through a private equity offering since April, according to its latest filing with the Securities and Exchange Commission. Earlier this month, reports said the company was seeking $750 million in fresh capital at a $40 billion valuation.
TThe BlockOriginal★★☆☆☆2026-08-26 04:51
All major tokens except HYPE declined over the past 24 hours. Bitcoin retained a 23% gain for the week, while XRP was up nearly 45% over the same period.
CCoinDeskOriginal★★☆☆☆2026-08-26 04:13
The market for synthetic risk transfers has expanded rapidly in recent years, as insurers increasingly offer banks unfunded structures to shift default risk away from their balance sheets.
FFinancial TimesOriginal★★☆☆☆2026-08-26 04:00
Guggenheim Investments, the asset-management arm of Mark Walter’s Guggenheim Partners, told lenders that affiliates may consider buying portions of a loan issued by its financing entity after the debt’s value plunged in recent weeks.
BBloomberg NewsOriginal★★☆☆☆2026-08-26 00:00
Crypto infrastructure firm Zerohash is seeking a U.S. charter again after its initial application failed to win approval. The company says its new effort will be narrower in scope.
CCoinDeskOriginal★★☆☆☆2026-08-25 21:38
The Central Bank said the average maximum annual rate on ruble deposits at Russia’s 10 largest deposit-taking banks reached 12.9% in the second ten-day period of August 2026, up from 12.89% in the first period and 12.85% in the third period of July.
TTASSOriginal★★☆☆☆2026-08-25 18:11
Bank of Singapore’s 2026 CIO Summit in Hong Kong examines how geopolitical fragmentation, technological disruption, demographic change and shifting global economic relationships are challenging the investment assumptions of recent decades and prompting investors to reassess the landscape.
SSouth China Morning PostOriginal★★☆☆☆2026-08-25 16:00
BNP Paribas has secured a licence for a regional headquarters in Saudi Arabia, according to state news agency SPA. France’s largest bank is joining other international companies expanding their presence in the kingdom.
RReutersOriginal★★☆☆☆2026-08-25 15:40
Axis Bank, India’s third-largest private bank by assets, expects its credit growth to exceed the industry average by 300 basis points this fiscal year, Chief Executive said, citing strong corporate and retail demand.
RReutersOriginal★★★☆☆2026-08-25 12:10
The SEC is reportedly seeking information from major Wall Street banks about trading and financing connected to AI-focused hedge fund Situational Awareness, which nearly collapsed.
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CNBCOriginal★★☆☆☆2026-08-25 11:49
India attracted $73 billion in inflows over 11 weeks, with most of the money driven by foreign-currency bank deposits made by non-resident Indians.
CCNBCOriginal★★★☆☆2026-08-25 10:23
S&P says Europe’s intense heatwaves could weaken insurers’ earnings as heat-related deaths, worsening health conditions and drought and wildfire claims increase. Life, health and reinsurance companies may face higher payouts, potentially leading to higher premiums, particularly as older people are especially vulnerable to heat.
TThe GuardianOriginal★★★★☆2026-08-25 04:00
The billionaire is selling sports stakes while rushing to clean up the balance sheets of the insurance businesses within the colossus he built.
FFinancial TimesOriginal★★☆☆☆2026-08-25 04:00
The US bank has shortened the time horizon for SpaceX employees and investors to borrow against their stock holdings, and may do the same for Anthropic.
FFinancial TimesOriginal★★☆☆☆2026-08-25 04:00
UK bank NatWest secured regulatory approval last week for a new US office as part of its expansion plans.
FFinancial TimesOriginal★★☆☆☆2026-08-25 04:00
Canada’s government plans to announce measures Tuesday to “protect and support” workers and businesses after the US imposed 50% tariffs on Saturday. The duties cover about $20 billion of Canada’s annual exports.
BBloomberg NewsOriginal★★★★☆2026-08-25 03:36
US-Canada trade talks collapsed after last-minute pressure from Commerce Secretary Howard Lutnick, according to people familiar with the matter. President Donald Trump then imposed new tariffs, while Canadian Prime Minister Mark Carney vowed retaliation.
Donald Trump has threatened to raise US tariffs on Canadian cars, trucks and auto parts from 25% to 50% on 1 January. Mark Carney accused Trump of wanting to destroy Canada's auto industry and said Canada would resume talks only if Washington came with the “right attitude”.
Donald Trump is threatening new tariffs on Canadian automobiles, a move that will hurt U.S. automakers and workers.
Canada says it will announce its response on Tuesday after Donald Trump threatened to raise tariffs on Canadian cars, auto parts and steel to 50 percent from Jan. 1, 2027, following the collapse of trade talks. Canadian ministers are set to outline measures supporting workers and businesses.
Donald Trump announced that the US will impose a 50% tariff on all Canadian cars, trucks, auto parts and steel from 1 January 2027, accusing Canada of having “ripped off” the US for years. Mark Carney said the move was largely expected and vowed Canada would be ready for talks while matching US tariffs dollar for dollar.
Canada’s leader took the rare step of responding forcefully to Trump’s latest tariffs.
US President Donald Trump pledged to double tariffs on Canadian vehicles and parts starting next year, intensifying the spiraling trade dispute between the two economies.
US President Donald Trump says tariffs on Canadian cars, trucks and steel will rise to 50% from January 1, while Canadian auto parts will also face a 50% levy in 2027. The announcement follows the collapse of trade talks and could disrupt integrated North American auto production, prompting Canadian retaliation.
President Donald Trump said on Monday that US tariffs on all Canadian cars, trucks, automotive parts and steel will rise to 50% from January 1, 2027. After trade talks between the two countries collapsed over the weekend, he doubled down on his claim that the US does not “need” Canada.
US President Donald Trump said the United States would impose a 50% tariff on Canadian automobiles, car parts and steel starting January 1, 2027. The threat comes as a dispute between the neighbors intensifies after trade talks collapsed, with Canada pledging retaliatory tariffs.
President Donald Trump said in a social media post that the United States will raise tariffs on all cars, trucks, automotive parts and steel to 50% starting Jan. 1, 2027, after trade talks with Canada collapsed.
President Donald Trump said the United States will raise tariffs on Canadian cars, trucks, auto parts and steel to 50% starting January 1, 2027. He added that products built in the US would face zero tariffs.
China is developing a worldwide network of gold vaults and speeding up central-bank purchases to strengthen the yuan’s role in international trade, according to an S&P Global Ratings report. Zijin Mining and Shandong Gold Mining are expected to expand faster than most global peers after Beijing classified gold as a “strategic mineral” in 2025.
SSouth China Morning PostOriginal★★★☆☆2026-08-25 02:30
Large Indian corporations are seeking a foothold in the rapidly growing gold-backed loan business. The newsletter also says a JPMorgan Chase entity has drawn the ire of Sebi.
FFinancial TimesOriginal★★☆☆☆2026-08-25 01:30
AI hedge fund Situational Awareness went from being the talk of Wall Street to facing federal subpoenas after nearly imploding, prompting an SEC probe.
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TechCrunchOriginal★★☆☆☆2026-08-25 00:23
The SEC has subpoenaed Wall Street banks over Situational Awareness. Leopold Aschenbrenner’s AI-focused hedge fund nearly collapsed in July before reaching a deal with Citadel.
FFinancial TimesOriginal★★☆☆☆2026-08-24 22:56
A new wave of rumors about a possible freeze on bank deposits is unsettling Russians as cash withdrawals accelerate. Cash in circulation has risen by more than 10% in 2026, while banks’ liquidity shortfall has grown from 0.6 trillion to 2.6 trillion rubles. The trend could limit lending and government-debt purchases, but banks remain able to cover the gap through Central Bank transactions and their daily operations are not disrupted.
MMeduzaOriginal★★★☆☆2026-08-24 21:41
Tunisia’s cash holdings climbed about 16% over the past year to a record 30 billion dinars ($10.5 billion), according to central bank data released Monday. Greater reliance on physical currency is putting pressure on banks’ liquidity.
RReutersOriginal★★★☆☆2026-08-24 19:40
Italy’s competition authority said on Monday it had approved energy group Ludoil’s acquisition of Sicily-based oil refiner ISAB, clearing the way for a local company to control one-fifth of the country’s refining capacity.
RReutersOriginal★★★☆☆2026-08-24 19:35
Household funds held in Russian banks grew by 0.3%, or 0.2 trillion rubles, in July, the Bank of Russia said. The regulator linked the moderate increase to stronger consumer activity and persistently high demand for cash. Year on year, household funds rose 9.5% to 68.4 trillion rubles ($815.74 billion).
TTASSOriginal★★★☆☆2026-08-24 16:59
Russia’s banking sector recorded a 18% month-on-month increase in net profit in July, reaching 443 billion rubles ($5.28 billion), the Bank of Russia said. Core profit rose 28% as provisions for problem assets fell, while corporate-sector expenses dropped 77%. The regulator forecasts 2026 banking profits of 3.4–3.9 trillion rubles.
TTASSOriginal★★★☆☆2026-08-24 16:53
The Hyperliquid Policy Center is calling on the SEC and CFTC to align their rules for perpetual contracts as Hyperliquid’s multi-asset offerings expand and attract scrutiny from traditional exchanges.
TThe BlockOriginal★★☆☆☆2026-08-24 16:18
Russia and India plan to improve their joint payment infrastructure and develop tools allowing citizens to make cashless payments, First Deputy Prime Minister Denis Manturov said. He linked the initiative to stronger tourism ties; tourist flows between the countries rose 8% in the first half of the year.
TTASSOriginal★★★☆☆2026-08-24 15:00
Hang Seng Bank says it will keep investing in its wealth centre network to meet rising demand from high-net-worth clients. The lender recently opened a second facility at Hysan Place in Causeway Bay, despite uncertainty in Hong Kong’s wealth management industry as Beijing tightens scrutiny of mainland Chinese investors’ cross-border investments.
SSouth China Morning PostOriginal★★☆☆☆2026-08-24 10:00
The Trump family is joining a rush to launch new banks as the government creates them at its fastest pace in nearly 20 years.
BBloomberg NewsOriginal★★★☆☆2026-08-23 21:33
First home buyers remain active in Australia’s housing market despite higher interest rates and tax changes, while investors retreat. Loan Market says new entrants are the only group making more loan applications than in June, with demand supported by the government’s 5% deposit guarantee scheme.
TThe GuardianOriginal★★★☆☆2026-08-23 15:00
The World Bank forecasts Lebanon’s economy will contract 6.4 percent in 2026 after the March escalation in conflict with Israel disrupted a brief post-crisis recovery. Damage to infrastructure, displacement, supply-chain disruptions, collapsed tourism and weaker demand are expected to push inflation to 17.5 percent.
AAl JazeeraOriginal★★★★☆2026-08-22 07:35
Banca Monte dei Paschi di Siena, the world’s oldest bank, has a history marked by spectacular highs and stark lows. Yet this year has been especially turbulent even by the bank’s own standards.
BBloomberg NewsOriginal★★☆☆☆2026-08-21 22:30
As World Liberty Financial sought federal approval for a national trust bank, several of its most prominent investors agreed to remain largely on the sidelines.
BBloomberg NewsOriginal★★☆☆☆2026-08-21 18:00
Experts surveyed by TASS say gold could reach $5,000 per ounce by the end of 2026, citing inflation expectations, geopolitical tensions and strong central-bank demand. The ongoing US-Iran conflict is pushing up oil prices and adding to inflationary pressure, while concerns over debt-market stability support gold’s safe-haven appeal.
TTASSOriginal★★★☆☆2026-08-21 17:52
JPMorgan Chase is bringing veteran dealmaker David Fishman over from Bank of America to lead a newly formed investment banking group focused on key technology-sector clients, according to a memo seen by Reuters.
RReutersOriginal★★☆☆☆2026-08-21 15:50
Monte dei Paschi di Siena approved bids for rival Banco BPM and wealth manager Banca Generali on Thursday, seeking to counter a hostile takeover approach from the larger Intesa Sanpaolo.
RReutersOriginal★★★☆☆2026-08-21 11:50
Bank of Montreal will place its international capital markets business under a single leadership structure, according to a memo seen by Reuters. Asia head Chris Taves is set to retire next year.
RReutersOriginal★★☆☆☆2026-08-20 20:45
President Javier Milei has convinced Argentines to return their savings to banks, but persuading them to leave the money there for longer than a few months is proving more difficult.
BBloomberg NewsOriginal★★★☆☆2026-08-20 18:00
President Javier Milei has persuaded Argentines to return their savings to banks, but getting them to leave the money there for more than a few months is proving difficult.
Industry data shows China’s pet insurance premiums rose from about 50 million yuan in 2020 to as much as 3.5 billion yuan in 2025, a 60-fold increase. Growth has brought complaints about waiting periods, exclusions and pre-existing conditions, while insurers face inconsistent veterinary fees and fraud. Standardization efforts are underway.
CChina News ServiceOriginal★★☆☆☆2026-08-20 06:50
The Minutes Reader extension turns the original page into a focused reading view and translates articles and video subtitles on demand. It is in limited beta.
