Venmo Unveils 3% Cash Back Rewards Program on Debit Card Purchases – Wednesday, November 12, 2025

Today's developments in fintech highlight significant shifts in regulatory landscapes and market strategies, impacting both digital assets and AI sectors.

Main Story

Lawmakers have released a much-anticipated crypto market structure bill, presenting a new regulatory framework for digital assets. This bill aims to clarify the legal standing of cryptocurrencies, potentially reshaping the industry's landscape.

The report delves into the possible impacts of the bill and outlines the subsequent steps for stakeholders in the crypto sector. This legislative move could herald a new era of compliance and innovation in digital finance.

Also Today

• 'Big Short' investor Michael Burry accuses AI hyperscalers of artificially boosting earnings — Burry raises concerns over financial practices in the AI sector.
• Venmo launches cash back rewards program for debit cards — Venmo introduces a new incentive for its debit card users, enhancing customer engagement.
• Lawmakers just released a much-awaited crypto market structure bill. Here's what it means for digital assets and what comes next — An analysis of the bill's implications and future steps for the crypto industry.

Why It Matters

The crypto bill could provide much-needed regulatory clarity, potentially attracting more institutional investment into the sector. However, the introduction of stringent regulations might also hinder innovation within the digital asset space. As the industry seeks stability and growth, balancing regulation with innovation remains a critical challenge.