U.S. Treasury

Highlights: JPMorgan launches a blockchain-powered money market fund targeting regulated institutional investors. The fund uses Ethereum blockchain and Kinexys Digital Assets to process token transactions. Token Class Shares require a $1 million minimum and aim to maintain a $1.00 NAV. […]

Highlights: The Treasury removed the DeFi broker rule after Congress voted to repeal it under the Congressional Review Act. DeFi platforms no longer need to report user transactions, but users must still report gains and losses to the IRS. The […]

Highlights: Wyoming Stable Token Commission partnered with LayerZero to develop and distribute WYST. WYST is backed by cash and U.S. Treasury securities for stability. Trump’s World Liberty Financial will launch USD1, a stablecoin tied to the dollar. Stablecoins are rapidly […]