Banks escalate stablecoin rewards fight as Senate prepares for a Clarity Act vote
Eight banking groups on Monday said they want tighter limits on stablecoin rewards, keeping the ongoing banksversuscrypto dispute alive in Congress.…
Inflation is sinking your high-yield savings account’s returns. Here’s one way to fight it.
4% APYs sound good. Too bad inflation is taking a bigger bite out of those yields now. Source：MarketWatch
Why the Social Security COLA is much ado about nothing
Social Security benefits will be largely stable in real terms. Source：MarketWatch
There’s every reason to slow AI development. But here’s why it probably won’t happen.
The risks of disaster are real. But who wants to give up those massive stock valuations? Source：MarketWatch
SEC Grants Exemptive Relief from Certain Inline XBRL Filing or Submission Requirements
The Securities and Exchange Commission issued an order granting exemptive relief from certain Inline XBRL requirements adopted on Dec. 16, 2024. More…
‘My total balance should be $20 million’: I invested $1.1 million in a crypto platform. Have I lost it all?
“I invested on the recommendation of an executive vice president of a major New York investment bank.” Source：MarketWatch
A bipartisan coalition of 17 state attorneys generals urge Senate to reject Clarity Act
The state AGs said they were concerned the crypto legislation might restrict their ability to bring securities and commodities cases tied to online scams.…
10-year Treasury yield briefly tops 5%, hitting its highest level since 2007 as bond-market selloff deepens
The benchmark 10year Treasury yield briefly touched the crucial 5% threshold on Monday, with oil prices marching higher, jitters about artificial intelligence…
Why are AI’s biggest companies suddenly asking to slow down?
AI’s biggest labs are suddenly calling for a slower pace of development. Is it because AI risks are catching up with the technology, or because the economics…
Clarity Act odds surge on prediction markets, but crypto bill still faces long road
Kalshi and Polymarket bettors sharply raised the chances of U.S. crypto market structure legislation advancing, with Tuesday's Senate vote the next test.…
Consensus heads to Hong Kong for third year with expanded focus on AI
Consensus Hong Kong will focus on institutional adoption of digital assets and the growing role of artificial intelligence in the future of money.…
Don’t let perfect be the enemy of Clarity
On September 15, the Senate has the chance to show that it can address issues in a reasonable timeframe, rather than waiting for the next market failure to…