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American Consumers Facing Highest Tariff Rate in 90 Years
New import levies have Americans facing the highest tariff rates in nearly a century. The tariffs announced last week on prescription drugs, heavy trucks and furniture have led to an overal...
Chinese Company Debuts $500 Million Ethereum Tokenization Fund
China Asset Management Company (ChinaAMC), one of China’s largest fund managers with more than $400 billion in assets under management, has launched a tokenized money market fund on Ethereum. Acc...
Where did all the boring dollars go? How synthetics are turning stablecoins into green, lean, yield machines
If you thought studying the world’s idle capital was akin to watching paint dry, think again. There’s a new reality show on the blockchain called synthetic stablecoins, and it’s packed with acti...
Polkadot Aims to Unlock DeFi Potential With Native pUSD Stablecoin
The Polkadot community is moving toward launching a native stablecoin, pUSD, backed entirely by its DOT token. The proposal calls for deploying the DOT-collateralized stablecoin on the Polkadot Ass...
Response to Government consultation on future of payment systems regulation
Responding to today’s launch of the consultation on future payment systems regulation, David Geale – FCA, Executive Director, Payments and Digital Finance and Payment Systems Regulator (PSR) Manag...
FCA closes Wellesley & Co Limited investigation
We have decided to take no further action against Wellesley & Co Limited (WCL) after our investigation found no evidence of serious misconduct. We announced the investigation into WCL in 2022 followin...
Ripple’s RLUSD Stablecoin Launches on Bybit Exchange
Ripple has taken another step into mainstream markets. The company’s USD-pegged stablecoin, RLUSD, is now live on Bybit, one of the world’s top crypto exchanges. The listing expands RLUSD’s reac...
SWIFT Partners with Linea to Build Stablecoin and On-Chain Messaging System
SWIFT, the backbone of global banking communications, is moving closer to blockchain. The network is now working with Linea, an Ethereum Layer 2 developed by Consensys, to test migrating its payment ...
FCA launches £1 million campaign to raise awareness of motor finance compensation scheme
The FCA is launching a £1 million campaign, letting motor finance customers know they don’t need to use a claims management company (CMC) or law firm to access an industry-wide compensation scheme ...
FCA closes Wellesley & Co Limited investigation
We have decided to take no further action against Wellesley & Co Limited (WCL) after our investigation found no evidence of serious misconduct. We announced the investigation into WCL in 2022 followin...
Newswire > Tag: finance
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