Goldman Sachs Vice Chairman Robert Kaplan has backed the Federal Reserve’s 9–3 decision to keep interest rates at 3.50%–3.75% in July, arguing that policymakers needed more time to assess inflation before acting. Why Kaplan supports the Fed rate pause Bloomberg Television reported on Aug. 13 that Kaplan, a former president of the Federal Reserve Bank
Goldman Sachs Vice Chairman Rob Kaplan has backed the Federal Reserve’s 9–3 decision to hold interest rates at 3.50%–3.75% in July while urging policymakers to keep their options open before September. Why Kaplan supports the Fed’s July rate hold Bloomberg reported that Kaplan, a former president of the Federal Reserve Bank of Dallas, described the
The US Securities and Exchange Commission’s (SEC) investment management staff has given Franklin Templeton relief to use its tokenized money-market fund (MMF) across its registered funds – a move experts say could give other asset managers a model to follow. The SEC’s Division of Investment Management said on 12 Aug that it would not recommend
Tempo on Aug. 12 launched Tempo Earn, a product that lets fintechs pay their users rewards on idle stablecoin balances and keep part of the return, with payroll platform Deel as the first named deployment. Section 4(a)(11) of the $GENIUS Act bars any permitted payment stablecoin issuer from paying holders “any form of interest or
Saturn has partnered with Ondo to add STRCon and other tokenized securities to its STRC-based products while securing an undisclosed strategic investment from the tokenization company. Saturn said in an Aug. 13 X thread that the agreement would bring Ondo’s “institutional-grade tokenized assets” into structured products built around Strategy’s Variable Rate Series A Perpetual Stretch
“Accessibility” has always been one of the biggest bridges between Wall Street and digital assets. From this perspective, the SEC’s move to reopen the regulatory framework around tokenized equities through an “innovation exemption” naturally brings 24/7 trading back into focus. The idea is simple: Give investors access to equities without market-hour restrictions, while bringing more
KPMG U.S. issues unqualified audit opinion on Tether’s 2025 financial statements – the most positive form of opinion an independent auditor can issue 13 August 2026 – Tether, the largest company in the digital asset industry, today announced the successful completion of a full independent audit of Tether International, S.A. de C.V.’s financial statements for
Tether, the company behind the world’s largest stablecoin $USDT $USDT$0.9989, said Thursday that it had completed a full financial audit for the first time, claiming it delivered on a transparency measure it had promised for years as questions lingered over the assets backing its token. KPMG U.S., one of the “Big Four” accounting firms, audited
Figure Technologies reported second-quarter revenue of $226 million, more than double the year-ago period, as its blockchain-based lending marketplace experienced rapid expansion. The company also posted net income of $87 million, a 192% increase, underscoring the growing adoption of its digital lending infrastructure. Blockchain Lending Drives Growth Consumer loan volume through Figure’s platform reached $4.3
IREN Ltd. shares rose more than 12% in Thursday morning trading after the AI cloud infrastructure provider announced it had delivered the first phase of its large-scale Microsoft deployment and secured Nvidia Exemplar Cloud status, marking two significant milestones in its push to become a leading provider of AI computing infrastructure. IREN said it had