
US Regulators Reignite Feud Between Wall Street and Crypto Over Stablecoin Interest Yields
New federal proposals targeting digital dollar returns pit commercial banks against fintech issuers vying for consumer deposits.
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New federal proposals targeting digital dollar returns pit commercial banks against fintech issuers vying for consumer deposits.

Higher bond yields weigh on investment portfolios, curbing quarterly trading income across the banking sector.

The central bank lifts its benchmark target range to 3.75%-4.00% in its first upward shift in years.

Rating agency warns of heightened vulnerabilities across credit markets as monetary policies transition.

Beijing signals upcoming financial steps as monetary authorities prepare targeted domestic interventions.

Economic debate focuses on the limits of central bank interventions during major supply-chain bottlenecks.

Cryptocurrency markets regain momentum alongside broader risk assets as crude prices ease.

The People's Bank of China evaluates transitioning its key policy rate to the overnight benchmark.

Traders report suspected dollar sales by the Reserve Bank of India to curb local currency volatility.

Cryptocurrency markets advance as traders evaluate the Federal Reserve's monetary policy trajectory.

The People's Bank of China considers shifting toward a short-term benchmark to steer borrowing costs.