NOVEMBER FOMC DECISION KEY POINTSThe Fed raises its benchmark interest rate by three-quarters of a percentage point to 3.75%-4.00%, in line with expectationsThe FOMC statement alters forward-guidance to note that it will take...
Novavax previously forecast $4-5B in revenue, now expects to generates $2-$2.3B due to people overwhelmingly getting vaccinated with Pfizer and Moderna shots. Novavax received U.S. authorization for its Covid shots for adults...
Key Takeaways
The New York Department of Financial Services has published guidance for companies in the state that issue stablecoins.
The guidelines describe acceptable backing assets, redemption times, reserve audits, and custodial institutions.
Stablecoins have fallen...
The U.S. Department of Labor has been sued by a 401(k) plan administrator over its cryptocurrency guidance. “This lawsuit seeks to preserve the rights of American investors to choose how to invest money...
