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BNY, one of the oldest banks in the U.S., has introduced the BNY Dreyfus Stablecoin Reserves Fund (BSRXX), a money market fund to help stablecoin issuers comply with U.S. federal reserve requirements. The fund will hold cash-equivalent reserves for stablecoins issued under the GENIUS Act, a federal law

BNY is introducing the BNY Dreyfus Stablecoin Reserves Fund, a money market fund designed to assist stablecoin issuers in meeting U.S. federal reserve requirements. This fund will hold cash-equivalent reserves for stablecoins issued under the GENIUS Act, a federal law that established a legal framework for U.S. dollar-pegged

BNY has introduced a new money market fund, the BNY Dreyfus Stablecoin Reserves Fund (BSRXX), aimed at assisting stablecoin issuers in meeting U.S. federal reserve requirements. The fund, which holds cash-equivalent reserves, is designed for stablecoins issued under the GENIUS Act, a federal law providing a legal framework for

BNY has introduced the BNY Dreyfus Stablecoin Reserves Fund, aiming to offer infrastructure for stablecoin issuers to comply with U.S. Federal Reserve requirements. The fund, which holds cash-equivalent reserves, was initiated with an investment from Anchorage Digital, a federally chartered crypto bank. BNY forecasts a substantial growth of the

BNY, one of the oldest banks in the U.S., has introduced the BNY Dreyfus Stablecoin Reserves Fund to support stablecoin issuers in meeting U.S. federal reserve requirements. This fund aims to provide cash-equivalent reserves for stablecoins issued under the newly enacted GENIUS Act, which has established a legal

Self, a zero-knowledge identity and proof-of-humanity protocol used by major companies like Google and Aave, has raised $9 million in seed funding. The funding round saw participation from notable investors including Greenfield Capital and SoftBank's Startup Capital Ventures. The raised capital will be used to expand their zero-knowledge