5 mins read

Stablecoin yield rule revives crypto vs. banking industry fight

Banking industry representatives came out firing Wednesday after regulators finalized a rule settling the debate over a legal loophole created by Congress in favor of cryptocurrency exchanges’ ability to pay interest on account owners’ stablecoin holdings in certain instances. Last year’s law known as the “GENIUS Act” created a regulatory framework for stablecoins — digital […]

6 mins read

Bipartisan pushback swells against Trump’s Ukraine moves

Congressional Democrats and some Republicans are signaling their intention to try to enact legislation to force President Donald Trump to reverse what some of them have called his “pro-Putin agenda.”  The groundswell of bipartisan congressional criticism of Trump’s policy toward Russia, particularly as it relates to Ukraine, grew louder as this week began and it […]