News with the tag "/money"

Market structure proposals for cryptocurrency regulation may face challenges in Congress, with differing views among lawmakers and potential delays in the Senate.

The GENIUS Act regulates dollar-backed stablecoins, ensuring they won't inflate the money supply due to their 100% reserve backing and compliance with U.S. monetary policy frameworks.

Kraken, a major cryptocurrency exchange, is expanding into the U.S. derivatives market to establish itself as a full-service trading platform, leveraging its success in Europe and recent acquisitions.

Senator Cynthia Lummis introduced a digital asset tax reform bill aimed at modernizing U.S. tax rules for cryptocurrencies, addressing issues like tax treatment of lending, wash sale rules, and mark-to-market accounting.

AI is democratizing financial analysis by making sophisticated tools accessible beyond traditional quantitative analysts, enabling broader data-driven decision-making in finance.