BNY Mellon Unveils GENIUS Act-Compliant Fund for US Stablecoin Reserves Amid Regulatory Push
BNY Mellon launches a new fund for US stablecoin reserves, aligning with the GENIUS Act to offer compliant solutions for issuers. A major step for institutional crypto.
Dubai Court Freezes $456M in TrueUSD Fraud Case Amid Allegations Involving Techteryx and Justin Sun
Dubai Court freezes $456M in assets over TrueUSD (TUSD) reserve fraud, involving Techteryx and alleged links to Justin Sun. A major blow to stablecoin trust.