S&P Global Ratings has awarded its highest principal stability rating to BlackRock’s new tokenized money market fund, a move that underscores growing institutional confidence in
Tag: Government
Crypto-Related Stocks Surge Amid Treasury Bond Buybacks and Regulatory Developments
Shares of Bitcoin miners and digital asset treasury firms rose sharply late last week, driven by a US Treasury plan to double long-dated bond buybacks
Russia Expands Cryptocurrency Mining Restrictions to Moscow, Effective Aug. 15, 2026
Russia has extended its cryptocurrency mining restrictions to include Moscow, with the ban scheduled to begin on August 15, 2026, and remain in place until
U.S. Treasury Proposes Federal Stablecoin Definitions Ahead of GENIUS Act Deadlines
The U.S. Department of the Treasury has unveiled proposed federal definitions for stablecoins under the GENIUS Act, as regulators confront tight deadlines to finalise rules
Payward Joins Anthropic’s Project Glasswing to Use Claude Mythos 5 AI for Security
Kraken’s parent company, Payward, has joined Anthropic’s Project Glasswing, gaining access to the Claude Mythos 5 AI model to bolster cybersecurity measures. The initiative, which
Norwegian Sovereign Wealth Fund Buys Bitcoin, Increasing Exposure by 21.2% in Half-Year
The Norwegian Sovereign Wealth Fund has increased its indirect bitcoin holdings to 11,549 BTC, worth $725 million. The move marks six consecutive years of increased
SEC Clears Franklin Templeton’s Tokenized Money Fund Without Physical Custody Requirements
Franklin Templeton has been granted a no-action letter by the Securities and Exchange Commission (SEC), allowing its new tokenized money-market fund to invest cash without
US Job Growth Falls, Reducing Expectations for September Fed Rate Hike; Bitcoin Jumps Post-Data
July 2023 saw US non-farm payrolls fall by 23,000 in July, undershooting market forecasts and diminishing expectations for a September Federal Reserve rate hike. According
Joint Yen Intervention Signals Shift in Monetary Policy
The United States and Japan have undertaken a coordinated intervention in the foreign exchange market for the first time in twenty-eight years, aiming to curb
**U.S. Senate Moves to Procedural Vote on Crypto Regulation Bill Amid Uncertain Timeline**
The U.S. Senate has initiated procedural votes on the Digital Assets Market Clarity Act, marking significant progress for the legislation. However, the bill faces uncertainty