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Both funds intend to qualify as eligible reserve assets for permitted U.S. payment stablecoin issuers under the GENIUS Act.
We haven't written up this one. CoinDesk has the full story — the link below goes straight to it.
ICICI Securities
BNY’s Geoff Yu expects the Reserve Bank of India to keep the repo rate at 5.25%, relying on macroprudential tools to manage financial stability while INR remains pressured by higher Oil and a stronger Dollar.
Oil is falling as U.S.-Iran peace talks are back on. Plus, a potential massive merger in the pharmaceutical industry.
The Finance Ministry also updated Parliament on loan recoveries, wilful defaulters, SWAMIH housing, gold loan NPAs and Kisan Credit Cards
Nifty 50 closed at 24,774.30, up 390.70 points or 1.60%, after a 200-point surge in the closing minutes; Sensex rose 0.70% to finish at 78,639
U.S. Soccer has signed men’s national team coach Mauricio Pochettino to a new contract through 2030, a deal that was financed in part via contributions from Ken Griffin, the billionaire founder of Citadel. The extension, announced Monday morning, comes less than a month after the conclusion of the 2026 men’s World Cup in North America.
