Federal Reserve Unveils Stablecoin Rules on Reserves and CapitalThe central bank opened two proposals for comment under the GENIUS Act, requiring issuers it supervises to back tokens fully with safe assets and creating an application process for banks seeking to issue stablecoins.Decrypt11d agoWhole story →TechnologyEconomystablecoin regulation proposal
New York Wants to Ban Polymarket, Lawsuit Calls It 'Illegal Gambling Operation'Attorney General Letitia James and Governor Kathy Hochul allege the prediction market operates without a license and exposes New Yorkers to gambling harms.Decrypt12d agoWhole story →EconomyJusticeKathy Hochulpolymarket lawsuit
