The GENIUS Act promises safer, fully reserved dollar stablecoins and faster payments, but by steering issuers toward T-bills and cash, it may also hardwire a new demand engine for US debt. The Guiding ...
The Bank of New York Mellon Corp. is launching a money-market fund tailored to issuers of stablecoins who need to comply with a recently signed US stablecoin law. The BNY Dreyfus Stablecoin Reserves ...
BlackRock (NYSE:BLK) is introducing a redesigned money market fund, the BlackRock Select Treasury Based Liquidity Fund (BSTBL), aligning with the newly enacted GENIUS Act, the first comprehensive U.S.
The U.S. Securities and Exchange Commission (SEC) has asked crypto exchange-traded fund (ETF) issuers to withdraw their 19b-4 filings, paving the way for a faster approval process after new rules ...
(Reuters) -Global companies including Citigroup and McDonald's have flocked to Canada's bond market this year, drawn by strong investor appetite and cheaper borrowing costs, according to LSEG data, ...
"Bargain Block" host Keith Bynum was all smiles in a recent social media post, showing off a joyful hand between himself, his on-air (and real-life) partner, Evan Thomas, and their costar, Shea ...
Two major issuers, Capital One and Chase, have banned BNPL credit card payments. If you're carrying a balance on your credit card, using the card for BNPL payments may cause you to pay interest twice.
After an arduous process the first comprehensive stablecoin legislation, and first pro-crypto federal legislation, has become law in the form of the GENIUS Act. Although this piece of legislation is ...
Japanese borrowers have been visiting the US dollar and euro bond markets in force this year, pushing volumes to new highs as the international market offers options for large, attractively priced ...
The Core Foundation (CRYPTO: CORE) has launched Rev+, a protocol-level revenue-sharing program designed to compensate developers and stablecoin issuers for on-chain activity. With stablecoins now ...
The AICPA’s Assurance Services Executive Committee (ASEC) issued an exposure draft Thursday featuring a framework of controls to support stablecoin issuers. ASEC requests comments by Aug. 11 on ...